Showing 1 - 10 of 3,953
Vietnam tycoon faces second fraud trial after death sentence
Bloomberg News, Published on 19/09/2024
» HANOI - The second trial of Vietnamese real estate tycoon Truong My Lan, already facing the death penalty for massive fraud, began Thursday morning, underscoring the new Communist Party chief's determination to press ahead with a crackdown on corruption.
Singapore ready to make ‘bold changes’ to revive stock market
Published on 16/09/2024
» Singapore is prepared to make “bold changes” to regulatory structures in an attempt to revive its languishing stock market, according to its Second Minister for Finance.
China's rich ditch flashy luxury as global sales stall, says Bain
Published on 18/06/2024
» PARIS/MILAN - China's richest people are avoiding flaunting their wealth in favour of more discreet fashion, according to a report published on Tuesday by Bain consultancy that predicted the weakest global luxury market since the height of the pandemic.
Myanmar poverty deepening, says World Bank
Published on 12/06/2024
» Poverty in Myanmar is more widespread than at any time in the last six years, while economic growth in the conflict-torn country is likely to remain at 1% with little respite in sight, the World Bank said on Wednesday.
Humbled Modi will face challenging third term
Published on 04/06/2024
» NEW DELHI - Prime Minister Narendra Modi’s ruling party is poised to lose its majority in India’s parliament, forcing him to rely on political allies to form a government.
China aims for upgrades: domestic aircraft engines, larger planes
South China Morning Post, Published on 11/04/2024
» China expects to make progress on an advanced aeroplane engine, a bigger commercial jet, and an amphibious search-and-rescue aircraft under a government plan to upgrade production equipment across industries through 2027 and improve the economy.
Millions of Australian vines ripped up amid wine glut
Published on 09/03/2024
» GRIFFITH, Australia - Millions of vines are being destroyed in Australia and tens of millions more must be pulled up to rein in overproduction that has crushed grape prices and threatens the livelihoods of growers and wine makers.
Chinese-made phones are calling the shots in Africa as they beat global giants Samsung and Apple
South China Morning Post, Published on 04/03/2024
» Along the bustling Luthuli Avenue in downtown Nairobi, banners and billboards advertise mobile phones to the throng of shoppers passing by.
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.
Concerns rise over China's 1 trillion yuan EV, solar, battery exports
South China Morning Post, Published on 24/02/2024
» BEIJING - China's 1 trillion yuan (US$139 billion) exports of electric vehicles (EVs), lithium batteries and solar cells could face a new round of challenges this year, as Western policymakers have reflected "genuine anxieties" about overcapacity distorting their markets.