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Singapore Luxury Property Auction Fails as Seized Assets Draw Tepid Bids
Seven luxury properties seized in Singapore’s S$3 billion money laundering case failed to sell at auction on September 17. Highest bid reached S$6.7 million but missed reserve price.
Diddy’s Lawyers Quit $100M Case Over Six Months of Unpaid Fees
Sean Combs’ civil attorneys withdraw from $100M defamation case, alleging six months of unpaid fees and lack of cooperation. Combs disputes the charges.
Singapore Auctions S$3B Money-Laundering Haul: 15 Sales Through May 2027
Singapore auctions luxury goods seized in S$3 billion money-laundering case. First sales of handbags and jewellery open September 20-27. Properties follow through mid-2027.
ZOZO Stock Rises 2.8% as Pokémon 30th Anniversary T-Shirt Launch Drives September 15 Retail Momentum
ZOZO stock up 2.8% as the Japanese e-commerce giant launches Pokémon 30th anniversary T-shirt collection on September 18. Pre-orders span 1,025 designs at ¥3,960 each.
Labor’s Housing Reforms Slash 10,700 Homes, Push Rents Up AUD$10 Weekly
Labor’s housing tax reforms will cut 10,700 new homes and push rents up AUD$10 weekly through 2030, according to updated modelling by industry groups. GDP impact estimated at AUD$1.05bn.
Australia’s Card Surcharge Ban Kicks In October 1: What Changes for You
From October 1, card surcharges are banned in Australia. Banks are raising annual fees and cutting rewards. Small businesses save $910 million but may raise prices.
Denny’s Franchisee Closes 5 Locations in Minnesota, Wisconsin on September 9
Denny’s franchisee M15 Inc. closed 5 locations in Minnesota and Wisconsin on September 9, citing unsustainable debt. The chain has shuttered 155 restaurants over two years as it pursues a turnaround.
PNG Chiefs Land Record $15M NRL Sponsorship Deal With Bank South Pacific
PNG Chiefs secure record $15 million NRL sponsorship deal with Bank South Pacific, the largest club sponsorship in the competition’s 118-year history, through to 2030.
Live Nation Opens Grange House: 3,000-Seat Singapore Venue by Mid-2027
Live Nation names its new Singapore venue Grange House, a 3,000-capacity entertainment space opening mid-2027 on Orchard Road. The venue will host concerts and cultural events.