Deutsche Bank this month again appealed for investors to be patient … Conglomerates like HNA once enjoyed government support and cheap cash as Beijing sought to push them to become global champions, but China abruptly…
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Indian police conduct searches in widening probe in bank fraud case
PNB has said companies tied to both retailers, whose outlets stretch from New York to London to Beijing, were the recipients of loans from several other banks based on guarantees provided by it. Meanwhile the…
Union Bank has $300 million exposure to PNB fraud
The case is centred around diamond billionaire Nirav Modi who is accused of colluding with bank employees to fraudulently obtain advances for payments to overseas suppliers to his business stretching from NY to London to…
India’s jeweller to Hollywood stars, now accused of massive bank fraud
Mehta further said he has not come to the bank “personally” and “we have requested to him to … Hawaii have since been added to a stable that stretches from NY to London to Beijing.…
Indian bank cheated of US$1.8b in complex fraud
The bank had sought 100 percent cash margins for issuing LoUs … Apart from India, he has boutiques in cities including New York, London, Beijing, Hong Kong and Singapore. However, whether they travelled together has…
CBI widens probe into $1.8 billion bank fraud
The case is centred around diamond billionaire Nirav Modi who is accused of colluding with bank employees to fraudulently obtain advances for payments to overseas suppliers to his business stretching from New York to London…
China’s Hui Muslims fearful Chinese New Year education ban a sign of curbs to come
GUANGHE, China (Reuters) – For some in China’s ethnic Hui Muslim minority here, a recent ban on young people engaging in religious education in mosques is an unwelcome interference in how they lead their lives.…
Cyber espionage: China wants Japanese firms’ intellectual property
Cyber groups within China are targeting Japanese companies involved in heavy industry and national infrastructure as part of a multifaceted effort to create the Chinese strategic playbook. If you are a Japanese conglomerate, you’ve no…
ADM, Syngenta settle lawsuit over biotech corn exports to China
CHICAGO (Reuters) – U.S. grain merchant Archer Daniels Midland Co has settled a lawsuit with Syngenta over the seed company’s launch of a biotech corn strain that roiled grain exports to China, according to regulatory…
Rising domestic spending power is expected to boost China’s big technology companies
China’s big technology companies are on track for strong growth, earning results posted over the past few weeks have shown. Banking on the country’s rising spending power, Alibaba Group Holding and NetEase have ploughed money…
All quiet as Beijing muzzles Year of the Dog celebrations
Beijing began the Year of the Dog Friday with eerily silent streets, as the usual thunderous bursts of firecrackers and fireworks were silenced by a strict ban that sacrifices tradition in the name of an…
Millennials aren’t buying fine china — and they don’t want yours, either
We all remember those family dinners growing up, the ones important enough that your parents or grandparents brought out the good china. But those days appear to be waning. As the Calgary Eyeopener’s Paul Karchut…
China Molded Fiber Egg Packaging Industry Situation and Prospects Research Report; New Report Launched
Lewes, DE — 02/16/2018 — The China Molded Fiber Egg Packaging Industry Situation and Prospects Research report is a professional and in-depth study on the current state of the Molded Fiber Egg Packaging industry. In…
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