Lifestyle
FTX sues Binance and its former CEO for US$1.8 billion
COLLAPSED cryptocurrency company FTX is suing Binance and its former CEO Zhao Changpeng, alleging that US$1.8 billion was “fraudulently transferred” by FTX management to Binance and its executives.The lawsuit...
Morgan Stanley’s PE arm to sell HVAC firm to Goldman Sachs Alternatives
MORGAN Stanley’s private equity arm is selling its heating, ventilation and air conditioning (HVAC) business Sila Services, about three years after it invested in the company to take advantage...
Lui Che Woo, casino tycoon who hit jackpot in Macau, dies at 95
LUI Che Woo, the Hong Kong tycoon whose fortune grew alongside neighbouring Macau’s casino industry, has died. He was 95.
He died on Nov 7, according to a statement released...
Riverstone Q3 earnings rise 21.8% to RM72.2 million
Glovemaker’s revenue for the period also up by 33.9%, driven by increased production volume and higher average selling pricesGLOVEMAKER Riverstone Holdings reported a rise of 21.8 per cent in...
China’s October new lending tumbles more than expected despite policy support
NEW bank lending in China tumbled more than expected to a three-month low in October, as a ramp-up of policy stimulus to buttress a wavering economy failed to boost...
Avarga receives S$0.25 per share offer from its executive chairman
Tong Kooi Ong intends to carry on the existing business of the company, but may consider other opportunities that may come upPAPER manufacturing and building materials distributor Avarga has...
Australia nears deal with ANZ to stop bank closures in the Pacific
AUSTRALIA is in the final stages of talks with ANZ Group over a deal to maintain the bank’s branches across the Pacific, Treasurer Jim Chalmers said on Monday (Nov...
UK’s Direct Line plans to cut 550 jobs, posts fall in gross premiums
DIRECT Line Insurance Group unveiled plans on Monday (Nov 11) to cut 550 roles, or about 5 per cent of its global workforce, and reported a fall in gross...
