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Two Singapore Wealth Gurus Declared Bankrupt; S$5M Investor Funds at Risk
Lim Jian Bin and Jason Fong Wai Hong, who promised guaranteed 15% returns, declared bankrupt in July and April 2026. Over 50 investors have S$5 million tied up in their schemes. Police investigating.
Edge Early Learning Collapses Into Administration: 70 Centres at Risk, August 27
Edge Early Learning enters voluntary administration with 70 childcare centres at risk. KordaMentha appointed to assess operations. Centres remain open for now as administrators review financial position.
Edge Early Learning Collapses Into Administration: 70 Centres at Risk, August 27
Childcare provider Edge Early Learning enters voluntary administration with 70 centres at risk. KordaMentha appointed as administrators. Arena REIT holds $4 million in guarantees over 31 leased properties.
Manitoba Drug Bust Nets 67 Charges: RCMP Seizes 8kg Cocaine, 57 Guns
Manitoba RCMP and Winkler Police charge 13 people with 67 offences after seizing 8kg of cocaine, 57 firearms, and 2.5kg of psilocybin in a 19-month investigation called Project Dolor.
Oriental Hotels Stock Surges Over 5% After Indian Hotels Company Merger Approval
Oriental Hotels shares jumped more than 5% on August 24 after IHCL approved its merger. The Indian Hotels Company and Oriental Hotels boards approved a Scheme of Arrangement. The transaction will combine OHL with its larger associate through an all-stock structure. The scheme remains subject to shareholder, creditor, NCLT, stock exchange, SEBI, and other approvals….
Puravankara Shares Gain 5% After Bagging ₹175 Crore Chennai Project; Stock Down 9% in 2026
Puravankara shares jumped nearly 5% to ₹227.34 on Friday, August 21, 2026, against a previous close of ₹216.50. The rally followed news that the subsidiary Starworth Infrastructure secured a ₹175 crore order in Chennai. Despite this gain, Puravankara shares remain down 9% year-to-date and 23% year-on-year. Details of Puravankara’s New Chennai Order Ritz-Carlton Project Drives…
HMRC to Send Inspectors Into UK Homes for Mansion Tax Valuations From 2028
HMRC will send valuation inspectors to UK homes worth over £2m to assess mansion tax liability from 2028. Homeowners who refuse entry face fines up to £200 and criminal charges.
Australian Regional Housing Values Fall 0.1% as Downturn Spreads Beyond Cities
Regional Australia’s housing market has started to decline, with values falling 0.1% in Q2 2026. Of 50 major regional markets, 22 recorded outright price drops as buyer demand weakens across the country.
Corus Entertainment Cuts More Jobs at Global News and Radio on August 21
Corus Entertainment confirms fresh layoffs at Global B.C., Global National, News 640, and talk radio. Q3 revenue fell 16% and the company posted a $36.5M net loss.