Singapore High Court orders winding-up of embattled Qoo10; liquidators appointed

THE Singapore High Court on Nov 11 ordered beleaguered online marketplace Qoo10 to be wound up and for liquidators from ...

Canada orders shutdown of TikTok’s Canadian business, app access to continue

by Yurie Miyazawa

November 6, 2024

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CANADA on Wednesday (Nov 6) ordered Chinese-owned TikTok’s business in the country to be dissolved, citing national-security risks, but added ...

Malaysia orders sovereign fund audit on loss-making venture

by Mark Darwin

November 3, 2024

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Malaysian Prime Minister Anwar Ibrahim ordered sovereign wealth fund Khazanah Nasional Berhad to carry out an internal audit to investigate ...

Singapore court orders trader to pay investor S$4.7 million after forex trade goes south

by Riah Marton

October 23, 2024

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THE Singapore High Court has on Wednesday (Oct 23) ordered forex trader Leong Kai Rui to return S$4.7 million to ...

China’s Leapmotor and Stellantis open orders in Europe for budget EVs

by Mark Darwin

September 24, 2024

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CHINA’S Leapmotor is set to start taking orders in Europe for a city car and an SUV, the automaker and ...

MAS orders Qoo10 to stop payment services in Singapore

by Stephanie Irvin

September 23, 2024

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THE Monetary Authority of Singapore (MAS) has directed Singapore-headquartered e-commerce platform Qoo10 to suspend its provision of payment services locally ...

US regulator orders Wells Fargo to overhaul its efforts to combat illicit funds

by Stephanie Irvin

September 13, 2024

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WELLS Fargo shares slid on Thursday after a US banking regulator found its safeguards against money laundering and other illegal ...

Big Four accounting firm PwC UK orders staff back to the office

by Mark Darwin

September 5, 2024

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“Face-to-face working is hugely important to a people business like ours,” says Laura Hinton, managing partner of PwC UK PricewaterhouseCoopers, one ...