This Month
Late Immutable accounts a glimpse into crypto game developer’s health
The Australian developer behind popular online video games Gods Unchained and Guild of Guardians said revenues had jumped after a near $80 million loss in 2023.
EU retaliates with tariffs on $45b of US goods
The European Union hit back against Donald Trump’s 25 per cent tariffs on steel and aluminium within hours of them taking effect, escalating a global trade war.
Dalio sees 1930s Germany in Trump trade war
The Bridgewater Associates founder says the world is witnessing an extension of the patterns of history.
The hidden dangers of booming family offices
Private wealth management companies for the super-rich now manage trillions of dollars globally. Critics say they are open to abuse.
Can our ‘most loved, least-funded’ founder turn garbage into gold?
Olympia Yarger says there’s a good business in rubbish. Her battle to raise millions of dollars is nothing compared to what she has been through to get here.
US law firm King & Spalding readies Australian assault
Street Talk understands the Atlanta-headquartered multinational is exploring opening an Australian beachhead.
February
Singapore’s richest clan in crisis over public father-son feud
Even by the standards of Asian succession dramas, the family feud raging at the Kwek dynasty, who run Singapore’s biggest listed developer, is striking.
AI boom leads start-up funding recovery in $4b year
New data lifts the lid on private tech investment in Australia, with a quarter of the money going to firms building products based on artificial intelligence.
BP puts its $600m Perth clean fuel refinery plans on ice
The British petroleum giant had expected to decide on the development later this year, but said on Monday that it would delay work on the project.
January
New York City follows London with congestion charge to tackle traffic
Drivers entering parts of Manhattan will be charged $US9 during peak hours in a program following similar initiatives around the world.
2025 to be a year of recovery for Sydney offices
Investor sentiment about the battered office sector is turning. Leading fund managers are expecting some upside in Sydney offices.
December 2024
David Thompson’s Long Chim closure blamed on rents and poor business
The high-profile Thai restaurant is the latest major restaurant to close. It blamed high rents, but administrators says staff costs were too high.
Singapore’s CapitaLand nails $200m Wingate deal
CapitaLand confirmed its intended acquisition of Wingate for $200 million as the Asian real estate manager expands into private credit.
Who Gives A Crap lawyers up against Singaporean mutt
Who Gives A Crap is on a crusade for global bum domination, but a Singaporean street mutt may have flushed the Asian expansion plans down the toilet.
TikTok owner ByteDance takes early lead in race to capitalise on AI
The company has purchased enough cutting-edge Nvidia graphics processing units to build advanced AI models, according to numerous sources.
Alarm as girls fall further behind in maths
Ten-year-old Australian girls are having their life choices curtailed as they struggle to master even the most fundamental mathematics.
GDP misses forecasts; Chaos in South Korea; Forrest’s female fund
Read everything that’s happened in the news so far today.
Chinese exporters race to dodge Trump’s tariffs
Sellers from China, Canada and Mexico are rushing to front-load shipments into the US before the levies rise.
Singapore’s sovereign fund GIC acquires stake in Brisbane Airport
GIC has acquired about 5 per cent of Brisbane Airport at a time when it has posted record revenue and has a $5 billion spending plan over the next decade.
November 2024
Nissan seeks major investor with just ‘months to survive’
The car maker looks for a steady shareholder as longtime partner Renault sells down its holding.