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Chinese developers emerge as second-largest investors in Singapore's property market
NEWS
5/3/2026AI summary

Chinese developers emerge as second-largest investors in Singapore's property market

China-linked developers have become increasingly active in Singapore's property market, emerging as the second-largest investors in 2025 with 21% of total fixed-asset investment (S$14.16 billion), up from just 2.5% the previous year. Notable transactions include a S$951 million Dover Drive lot acquired by CNQC Realty, Forsea Residence and Jianan Realty Investments, and multiple sites acquired by Kingsford Group and Qingjian Realty. Europe topped the rankings at 25%, while the US fell from first to third place.

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SCMP Economy
RBI Appoints Executive Director Rohit Jain as Deputy Governor
NEWS
5/2/2026AI summary

RBI Appoints Executive Director Rohit Jain as Deputy Governor

The Appointments Committee of the Cabinet has approved RBI Executive Director Rohit Jain as the new Deputy Governor for a three-year term starting May 3, 2026. Jain, who has spent about 30 years at the central bank and was handling banking supervision as ED, will replace T Rabi Sankar whose tenure ended on Saturday. Jain becomes one of two deputy governors promoted from within the RBI, alongside SC Murmu elevated in October 2025.

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Times of India
Former JPMorgan Analyst Sues Executive Director, Alleging Forced Sexual Acts and Drugging
Developing
Law·5/1/2026AI summary

Former JPMorgan Analyst Sues Executive Director, Alleging Forced Sexual Acts and Drugging

A former JPMorgan analyst has filed a lawsuit alleging a senior executive drugged and sexually harassed him. Chirayu Rana, 35, claims executive director Lorna Hajdini, 37, used Rohypnol and Viagra to assault him and threatened his bonus. JPMorgan's internal investigation found no evidence supporting the allegations, and Hajdini denies all claims. The case was filed in New York County Supreme Court.

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TOI World
Former executive of Hong Kong’s insurance regulator acquitted of misconduct
NEWS
4/30/2026

Former executive of Hong Kong’s insurance regulator acquitted of misconduct

A former executive director of Hong Kong’s Insurance Authority has been acquitted of misconduct after she was alleged to have coerced insurer Prudential into hiring her daughter-in-law, as the magistrate ruled that her actions did not cause “actual damage” to public trust in the regulator. Magistrate Minnie Wat Lai-man on Thursday found Carol Hui Mei-ying and digital strategy consultant Chan Tsz-wai not guilty of conspiracy to commit misconduct in public office. The pair previously stood trial...

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SCMP Economy