Wilmar’s China subsidiary lodges appeal over contract fraud case

Wilmar’s China subsidiary lodges appeal over contract fraud case

[ad_1] [SINGAPORE] A subsidiary of Wilmar International has lodged an appeal in a Chinese court, after it was found guilty of contract fraud and ordered to bear losses amounting to 1.88 billion yuan (S$345.6 million).  Yihai (Guangzhou) Oils & Grains Industries Co (Guangzhou Yihai) submitted a written appeal to the Anhui Provincial Higher People’s Court,…

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CIMB Q3 profit up 2.3% at RM 2.08 billion 

CIMB Q3 profit up 2.3% at RM 2.08 billion 

[ad_1] [SINGAPORE] CIMB’s net profit for the third quarter ended Sep 30 rose 2.3 per cent to RM2.08 billion (S$653.5 million) from RM2.03 billion in the year-ago period, the company said on Friday (Nov 28).  Operating income in Q3 grew 3.6 per cent to RM5.9 billion from RM5.7 billion, buoyed by higher non-interest income from…

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Taxi Driver Season 3 Episode 3: Everything We Know So Far

Taxi Driver Season 3 Episode 3: Everything We Know So Far

[ad_1] Taxi Driver season 3 episode 3 will air on SBS on Friday (November 28) at 9:50 PM KST. The SBS hit action-packed black comedy crime thriller drama series will focus on Choi Kyung Goo and Park Jin Eon. According to the production team, the duo will become victims of a used-car scam. The mini-series,…

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‘Lost their life savings’: Tokenize Xchange users sue founder and wife for over S$60 million in lost crypto assets

‘Lost their life savings’: Tokenize Xchange users sue founder and wife for over S million in lost crypto assets

[ad_1] The firm owes its customers about S$266.3 million but has only S$2.6 million in realisable assets, interim judicial manager report reveals [SINGAPORE] More than 200 former customers of the now-defunct cryptocurrency trading platform Tokenize Xchange are collectively suing the founder of the company to claim S$60.5 million in damages for fraudulent misrepresentation. According to…

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Sons of Virginia Giuffre, who accused Andrew and Epstein of abuse, seek control of her estate

Sons of Virginia Giuffre, who accused Andrew and Epstein of abuse, seek control of her estate

[ad_1] Lawyers for two sons of Virginia Giuffre, her housekeeper and her former attorney appeared in an Australian court Friday in a case deciding who controls her estate. Giuffre was the highest-profile accuser of sex offender Jeffrey Epstein and she settled a lawsuit for an undisclosed sum in 2022 against then- Prince Andrew, now known as Andrew Mountbatten-Windsor after he…

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Vietnam’s Digital Economy Set to Hit $39 Billion by 2025

Vietnam’s Digital Economy Set to Hit  Billion by 2025

[ad_1] The gross merchandise value (GMV) of Vietnam’s digital economy is expected to increase from $34 billion in 2024 to $39 billion in 2025. With a 17% increase to $25 billion, e-commerce continues to hold its dominant position. Food and transportation continue on their current trajectory, rising 20% to $5 billion. Online media is predicted…

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