LOS ANGELES: Hunter Biden was indicted late yesterday on multiple counts of tax evasion, the second time this year President Joe Biden’s troubled son has been charged by a special counsel investigating his personal and business dealings. Hunter Biden “engaged in a four-year scheme to not pay at least US$1.4 […]
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HONG KONG : Shares in Chinese property developer Shimao Group were flat on Friday after it issued a restructuring plan to reduce up to $7 billion in offshore debt, becoming the latest developer in China to try to revamp its debt. The developer, with around $11.7 billion in offshore notes, […]
BEIJING : Declines in China’s exports likely slowed in November, a Reuters poll showed on Wednesday, amid mixed signs factories in the world’s second-largest economy may be finding their footing after a bruising slump in demand. Outbound shipments from China are expected to show a 1.1 per cent drop in […]
“I saw the tunnel. I didn’t see the light,” he said during his acceptance speech, noting that his medical condition was life-threatening. Actor Jamie Foxx made his first public appearance on Monday (Dec 4) after suffering an undisclosed health scare in April and he said that six months ago he […]
MANILA: Philippine forces were on high alert on today after a bomb killed four people and wounded several during a Catholic mass in a university gymnasium in the south of the country, an attack the authorities called Islamist terrorism. “I condemn in the strongest possible terms the senseless and most […]
SHENZHEN: Toyota Motor has halted production on some ageing lines at a joint venture in China while operations continue as normal, the Japanese automaker said on Saturday (Dec 2) after a media report that it was partially suspending production due to weak sales. The production halt at the Tianjin venture […]
International Olympic Committee Vice President John Coates has said athlete numbers at the 2032 Olympics in Brisbane must be reduced to help ensure the games are as cost effective as possible. The addition of cricket, flag football, squash, baseball and softball in Los Angeles in 2028 will see participation numbers […]
Cristiano Ronaldo’s Al-Nassr lost 3-0 to table-toppers Al-Hilal in the Riyadh derby at the King Fahd International Stadium on Friday to fall further behind their bitter rivals at the top the Saudi Pro League standings. The Portuguese striker left the field with rival fans taunting the five-times Ballon D’Or winner […]
SINGAPORE : Lotus Technology, the luxury electric vehicle arm of sports car brand Lotus, said on Tuesday it has secured $870 million in financing ahead of the completion of its merger with blank check company L Catterton Asia Acquisition (LCAA). All of the financing was secured based on a $5.5 […]
Production of The Late Show With Stephen Colbert was canceled this week as the top-rated US late-night television host recovers from surgery. Production of The Late Show With Stephen Colbert was canceled this week as the top-rated US late-night television host recovers from surgery for a ruptured appendix, the CBS […]