Orders
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 AAG Corporate Advisory to take over management of the...
Canada orders shutdown of TikTok’s Canadian business, app access to continue
CANADA on Wednesday (Nov 6) ordered Chinese-owned TikTok’s business in the country to be dissolved, citing national-security risks, but added the government was not blocking Canadians’ access to the...
Malaysia orders sovereign fund audit on loss-making venture
Malaysian Prime Minister Anwar Ibrahim ordered sovereign wealth fund Khazanah Nasional Berhad to carry out an internal audit to investigate issues related to a loss-making investment in a local...
Singapore court orders trader to pay investor S$4.7 million after forex trade goes south
THE Singapore High Court has on Wednesday (Oct 23) ordered forex trader Leong Kai Rui to return S$4.7 million to investor Oan Chim Seng for breaching an investment agreement.Additionally,...
China’s Leapmotor and Stellantis open orders in Europe for budget EVs
CHINA’S Leapmotor is set to start taking orders in Europe for a city car and an SUV, the automaker and its partner Stellantis said on Tuesday (Sep 24) as...
MAS orders Qoo10 to stop payment services in Singapore
THE Monetary Authority of Singapore (MAS) has directed Singapore-headquartered e-commerce platform Qoo10 to suspend its provision of payment services locally from Sep 23.
This comes after the authorities received several...
US regulator orders Wells Fargo to overhaul its efforts to combat illicit funds
WELLS Fargo shares slid on Thursday after a US banking regulator found its safeguards against money laundering and other illegal transactions were too lax and restricted its ability to...
Big Four accounting firm PwC UK orders staff back to the office
“Face-to-face working is hugely important to a people business like ours,” says Laura Hinton, managing partner of PwC UK PricewaterhouseCoopers, one of the Big Four accounting firms, is clamping down...
