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(Bloomberg) -- Alpha Intelligence Capital, which invests in artificial intelligence companies including OpenAI, is raising a $250 million fund and has attracted government-owned entities of France and Singapore as backers.Most Read from BloombergHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovyIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’One of the Last Big Bears on Wall Street Turns Bullish on US StocksFlorid

Singapore’s sovereign wealth fund GIC Pte. reshuffled the roles of some senior executives as part of a broader leadership overhaul.

Three Chinese nationals working in Singapore sued a remittance firm after police in the mainland froze money they had transferred home, as China ramps up efforts to root out alleged money laundering and other illicit activities.

Ong Beng Seng ways are taking centre stage after an investigation that has already toppled one of the most senior politicians in the city-state, which prides itself on a reputation for clean governance and business-friendly policies.

(Bloomberg) -- Ong Beng Seng has a penchant for schmoozing with the elite. That’s led him to business partnerships with actor Sylvester Stallone and Saudi Prince Alwaleed bin Talal, while his decades-long friendship with Formula One supremo Bernie Ecclestone has been credited with bringing the night race to Singapore.Most Read from BloombergUpbeat Musk Can’t Soothe Tesla Investors’ Fears About GrowthRussia Says Ukraine Downed Plane Carrying Prisoners for SwapBoeing Halted From Further Max Produc