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HONG KONG (AP) — A Hong Kong court on Monday ordered property developer China Evergrande Group to liquidate after it was unable to reach a restructuring deal with creditors.
The space sector's on the tail end of a boom-and-bust cycle. While many companies battened down the hatches to survive, a few publicly-traded names are running on fumes.
Months after China Evergrande ran out of cash and defaulted in 2021, investors around the world scooped up the property developer’s discounted I.O.U.’s, betting that the Chinese government would eventually step in to bail it out.
The 86-year-old Daim, who arrived at court in a wheelchair, was charged with failing to disclose his fortune as required by the MACC. Prosecutors allege his undeclared assets span a collection of high-end cars, including a Rolls-Royce, as well as 38 companies and 25 properties.
DOHA, Qatar/GENEVA (Reuters) -- U.N. officials urged countries to reconsider a pause in funding for the U.N. agency for Palestinians on Sunday, pledging that any staff found involved in Hamas' attack on Israel would be punished and warning that aid for some 2 million people in Gaza was at stake.
SINGAPORE: Within just two years, the world had seen the value and trading volume of non-fungible tokens (NFTs) rising rapidly, before tumbling almost just as quickly.
Caste-society otherwise “has the heinous power to make a Dalit forget who they … are because they are made to hate themselves”, he says in his new memoir, Water in a Broken Pot.
The award-winning film Oppenheimer will finally be screened in Japanese cinemas starting from March 29, although many do not expect the film to fare well at the country’s box office given that it focuses on the man responsible for the creation of the weapon used to destroy the cities of Hiroshima and Nagasaki.