Leadership
Vietnam forfeits billions of US dollars in foreign aid amid anti-graft freeze
VIETNAM has forfeited at least US$2.5 billion in foreign aid over the last three years and may lose another US$1 billion because of administrative paralysis, the United Nations, the...
Dolce & Gabbana metaverse fashion offering leaves shopper fuming
Dolce & Gabbana USA was sued by a customer who said the non-fungible tokens (NFTs) he spent US$6,000 on that came with outfits to wear in the metaverse lost...
CEO of fallen Eagle Hospitality Trust looking to contest four criminal charges
SALVATORE Takoushian, chief executive of embattled Eagle Hospitality Trust (EHT), is looking to contest four criminal charges under the Securities and Futures Act, and intends to plead “not guilty”...
China’s first special bond sale likely to see solid demand
CHINA’S first issuance of this year’s special sovereign bonds on Friday (May 17) is expected to see solid demand, according to strategists and gauges of sentiment in the bond...
HSBC brings out tax tools for UK businesses ahead of new rules
HSBC Holdings is rolling out accounting and tax tools for its small United Kingdom business customers, who will soon have to give the government a lot more information on...
Haidilao restaurant operator Super Hi prices US IPO at US$19.56 per share
SUPER Hi International, which operates the Chinese hotpot restaurant chain Haidilao in the overseas market, on Thursday (May 16) priced its initial public offering (IPO) in the United States...
Chinese EV giants hammered by Biden tariff are welcome in Brazil
SHUT out of US markets and under fire in Europe, China’s electric carmakers are zeroing in on the countries where they are welcome. One of the big ones is...
Applied Materials forecasts strong third quarter on AI boom
SEMICONDUCTOR equipment maker Applied Materials forecast third-quarter results largely above Wall Street estimates on Thursday (May 16), indicating robust demand fuelled by an artificial intelligence (AI) boom.The company has...
