Showing 1 - 10 of 780
Myanmar central bank denies Thai banks helped junta buy weapons
Published on 30/06/2024
» Myanmar's central bank denied a UN report that the country's military government has used Thai banks, among others, to access money and weapons for its war against anti-coup forces , saying financial institutions under the bank's supervision followed prescribed procedures.
Vietnam tycoon given death for $12.5bn fraud
Published on 11/04/2024
» HANOI - A court in Vietnam on Thursday sentenced real estate tycoon Truong My Lan to death for her role in a $12.5-billion financial fraud case, the country’s biggest on record,
Property tycoon ‘embezzled $12bn’ in Vietnam’s biggest fraud case
Published on 03/03/2024
» For several years, Truong My Lan held meetings on the 39th floor of the sleek Times Square tower in the heart of Vietnam’s commercial hub, Ho Chi Minh City. There, in a room that acted as her command centre, she allegedly wove a $12 billion tapestry of fraud and corruption, according to the police reports that form the basis of a court case against her.
US economic uncertainty means bigger 'Black Friday' discounts
AFP, Published on 24/11/2023
» NEW YORK - The retail sector's efforts to entice holiday gift purchases builds to a crescendo this weekend with the annual "Black Friday" shopping day followed by the newer "Cyber Monday."
Paris business district looks to students to replace workers
AFP, Published on 08/11/2023
» PARIS - With companies cutting back on office space as working from home remains popular, Europe's biggest business district is looking to students to fill the void left by workers.
Year-old peace holds in Tigray but Ethiopia fractured
AFP, Published on 01/11/2023
» ADDIS ABABA - An accord signed a year ago between the rivals in Ethiopia's Tigray war has brought peace to the shattered region, but ignited yet another conflict in the increasingly fractured nation.
Switzerland: land of languages, neutrality, farmers and pharma
AFP, Published on 22/10/2023
» GENEVA - A land renowned for cheese, chocolate and banks, Switzerland, nestled in the heart of Europe, held its general election on Sunday.
Myanmar slaps tax on migrant workers’ earnings
Published on 28/09/2023
» The military government of Myanmar has ordered migrant workers to pay tax of at least 10% on income earned abroad, just weeks after telling them to remit 25% of their earnings at money-losing exchange rates, according to local reports.
OECD sees 'sub-par' global growth as high rates bite
AFP, Published on 19/09/2023
» PARIS - The OECD raised its global economic outlook for 2023 on Tuesday but cut the growth forecast for next year as interest-rate hikes aimed at curbing inflation take their toll.
After the moon, India launches rocket to study the sun
Reuters, Published on 02/09/2023
» BENGALURU - Following the success of India's moon landing, the country's space agency launched a rocket on Saturday to study the sun in its first solar mission.