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$215 IS DAMN STRONK

I’m not a regular coffee drinker and I don’t usually spend more than S$2 on a drink but there is no denying cofee is a profitable business. This is evidenced by the large number of cups of hot and cold versions of the beverage being sold every day, be it the humble stalls at hawker centres and Singaporean version of coffeeshops (or what locals call kopitiams), global chains  like The Coffee Bean and Tea Leaf, $Starbucks (SBUX.US)$, $McDonald's (MCD.US)$ or trendy themed cafes.
This also me...

David Tepper’s Appaloosa Management more than doubled its investment in Alibaba $Alibaba (BABA.US)$ in the first three months of the year, making the Chinese e-commerce giant the biggest position in its $6.7 billion equity portfolio.
The fund also raised its stakes in $PDD Holdings (PDD.US)$ and $Baidu (BIDU.US)$ , while adding $JD.com (JD.US)$ and two Chinese ETFs as new buys during the quarter.
At the same time, Tepper scaled back on companies including $JD.com (JD.US)$ and two electronic vehicl...

Genting Singapore confirms interest in developing a gambling resort in the United Arab Emirates.
$Genting Sing (G13.SG)$Genting Sing's Executive Chairman, Tan Sri Lim Kok Thay, said that Genting Singapore is indeed interested in developing integrated resorts in the United Arab Emirates (UAE).
According to the financial magazine 'The Edge', Lim Kok Thay made this statement in response to shareholders' questions about the company's international expansion plans during last week's shareholders' meeting.
Regarding the upcoming expansion of Resorts World Sentosa (RWS) 2.0, he also stated that it should not be seen as a casino expansion. A large part of the investment is dedicated to expanding non-gaming offerings, aligning with Singapore's strategy to become an activity-driven tourist destination.
Lim Kok Thay explained that operating Resorts World Sentosa in Singapore falls under the bid requirements for integrated resorts, not just casinos.
He expects more countries to follow Singapore's example and support the development of integrated resorts.
The landscape of the global gambling industry has changed.
He said, 'In this regard, as a Singapore company with extensive experience in integrated resorts, we are in a favorable position to bid for related projects.'
Regarding investments in the UAE, he believes that it is unlikely to have international bidding specifically for casino development projects.
"Genting Sing is happy to leverage its experience in non-gambling products to develop integrated resorts in the Middle East."
In addition, he revealed that the attitude towards the Thai market will be more cautious, waiting for regulatory framework details to become clear and taking...