ASIA

A collection of 3222 posts
Singapore Cuts En Bloc Threshold to 65% for Older Condos — But the New 6-Month Deadline Could Trigger a Different Problem
ASIA

Singapore Cuts En Bloc Threshold to 65% for Older Condos — But the New 6-Month Deadline Could Trigger a Different Problem

SINGAPORE — Singapore has approved one of its most significant changes to collective property sales in years, making it easier for ageing condominiums and other strata developments to pursue redevelopment while simultaneously tightening safeguards intended to protect owners who do not want to sell. Parliament passed the Land Titles (Strata) (Amendment)
9 min read
Cognition Just Hit a $48 Billion Valuation as Devin Nears $900 Million in Run-Rate Revenue — But One Number Shows How Expensive the AI Race Could Become
ASIA

Cognition Just Hit a $48 Billion Valuation as Devin Nears $900 Million in Run-Rate Revenue — But One Number Shows How Expensive the AI Race Could Become

SAN FRANCISCO, Sept. 9, 2026 — Cognition, the artificial intelligence startup behind the Devin autonomous software-engineering agent, has raised more than $2 billion in Series E funding at a $48 billion valuation, marking another extraordinary jump for a company founded only in 2024. The round was led by new investors
5 min read
Singaporean Malone Lam Pleads Guilty in Massive Crypto Heist — But His US$569,000 Nightclub Bill Was Only Part of the Story
ASIA

Singaporean Malone Lam Pleads Guilty in Massive Crypto Heist — But His US$569,000 Nightclub Bill Was Only Part of the Story

WASHINGTON — A 22-year-old Singaporean accused of helping build an international cryptocurrency theft operation has pleaded guilty in the United States, bringing prosecutors a major victory in a case involving hundreds of millions of dollars in stolen digital assets, luxury cars, multimillion-dollar watches and extraordinary nightclub spending. Malone
4 min read