Showing 1 - 6 of 6
Debt-stricken Stark seeks way to avoid delisting
Bloomberg News, Published on 29/06/2023
» Stark Corporation Public Company Limited, the Thai industrial cable maker at the centre of an accounting scandal and debt default that rattled financial markets, plans to restructure its debt to stave off a forced delisting.
A 99% stock crash and shock default raise alarm
Bloomberg News, Published on 23/06/2023
» Only a year ago Stark Corporation looked like a Thai corporate success story. Backed by a wealthy local businessman, the nearly US$2 billion maker of electrical cables was an aggressive acquirer making its first major push beyond Asia.
China wants US to drop tariffs on $360bn of imports
Bloomberg News, Published on 05/11/2019
» WASHINGTON: China is seeking the roll back of US tariffs on as much as $360 billion of Chinese imports before President Xi Jinping agrees to go to the US to sign a partial trade deal with President Donald Trump, according to people familiar with the matter.
Nissan faces SEC probe in US over executive pay
Bloomberg News, Published on 28/01/2019
» NEW YORK: The Securities and Exchange Commission is investigating whether Nissan Motor Co accurately disclosed its executive pay in the US, according to several people familiar with the matter, compounding the carmaker’s woes as it grapples with the aftermath of former chairman Carlos Ghosn’s arrest.
DeVere, firm targetting UK expats, said to face SEC probe
Bloomberg News, Published on 24/05/2017
» NEW YORK -- Wherever there are British expats with money, there’s a DeVere Group office not far away. And in many of those places, the company’s aggressive sales tactics or high fees have drawn the attention of regulators.
BSI shut by Singapore as Swiss start probe
Bloomberg News, Published on 24/05/2016
» SINGAPORE — The city state is closing Swiss private bank BSI SA’s unit in the city state as criminal proceedings were started against the firm amid global investigations into a troubled Malaysian state fund.