17 exotic cars, luxury homes: First Brands’ Malaysian-born founder accused of looting US$700 million
At first, the sales invoice said US$179.84. Later, the bill said US$9,271.25 – 50 times more.
Liquidators accuse Patrick James of raising funds with non-existent or doctored invoices
The exodus by global funds contrast with inflows from domestic investors
Chinese companies eyeing expansion in the region will need to have deep local understanding, adaptable strategies and trusted financial partners
Tokenisation needs further development such as interoperable compliance-enabled infrastructure that can support deployment at scale
The tycoon strongly denies the allegations and will contest them
The world’s top bankers and investors warned of headwinds ranging from systemic risks in the US insurance sector to President...
Australia’s central bank held its key interest rate steady in a widely anticipated decision, warning of stronger inflationary pressures in the...
Additional Tier 1 bonds are the riskiest type of debt banks can sell and are the first in line to take losses...
Inflation has already pressured three hikes since March of 2024









