Indonesian President’s Clout Fades at the End of His Reign

President Trump's cuts to foreign assistance, including shutting down USAID, create an opportunity for Asian nations to step up in providing humanitarian aid to aid-dependent regions like Africa. This shift in aid distribution may lead to Asian countries playing a more prominent role in global humanitarian efforts. This change could potentially reshape the landscape of international aid provision. Full Article

The company has not added any funding information yet. The platform allows users to input details about their investments, including the stage, size, and date of the round. Users can indicate their participation in the investment round by selecting "Yes" or "No" and can request to be added to the round if they were involved. Full Article

Lee Shau-kee, a Hong Kong real estate tycoon who founded Henderson Land Development, passed away at 97, leaving behind a legacy of building affordable housing for middle-class residents. With an estimated net worth of $29.2 billion, he was known for his shrewd investments and philanthropy efforts through the Lee Shau-Kee Foundation, supporting education and vocational training in China and other countries. Despite challenges in the real estate market, Mr. Lee's business acumen and foresight in...

U.S. District Judge John Chun in Seattle dismissed a lawsuit against Amazon.com, alleging fraud in statements about third-party sellers and expansion plans. The dismissal was with prejudice, preventing the lawsuit from being refiled. This decision was made in Amazon's hometown, where the company is headquartered. Full Article

Prime Minister Christopher Luxon of New Zealand is visiting India from March 16-20 at the invitation of Prime Minister Narendra Modi, signifying a pivotal moment in bilateral relations with a focus on economics, trade, and strategic ties. Luxon's participation as the chief guest at this year's Raisina Dialogue highlights New Zealand's commitment to enhancing engagement with India across various diplomatic channels, including discussions on a potential free trade agreement to boost trade relations. The visit...

The US Federal Trade Commission has requested information from Omnicom and Interpublic regarding their proposed acquisition ahead of a shareholder vote next week, with Omnicom stating it is a standard part of the regulatory process. Both companies are engaging with the FTC and expect the transaction to close in the second half of 2025, with shareholders set to vote on the deal, which values IPG at about $13.3 billion, on Tuesday. Full Article