Tag: fast
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S$55 million Good Class Bungalow seized in connection with Nvidia chip movement case
The police issued a prohibition of disposal order against the GCB and seized S$1 million of funds in bank accounts as part of their investigations, which have resulted in additional charges for the four people allegedly involved.
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Malaysia to continue hosting MotoGP race until 2031
KUALA LUMPUR, July 1 : Malaysia will continue to host a leg of the MotoGP championship at the Sepang International Circuit until 2031, the country’s sports ministry said on Wednesday.The race at the SIC has been a fixture on the calendar since 1999, apart from its cancellations in 2020 and 2021 due to the COV
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Japan FX diplomat says intervention effective, US ‘supportive’, Bloomberg News reports
TOKYO, July 1 : Japan’s top currency diplomat said the country’s intervention in the currency market two months ago to support the yen had been effective, and that some U.S. officials had been “supportive” of the move, Bloomberg News reported on Wednesday.”Judging from how the market moved afterward, I think
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Mexico dares to dream as Quinones helps bury the ghosts of World Cup disappointment
Mexico City, June 30 : Julian Quinones did not grow up dreaming of scoring for Mexico World Cup set his side on their way to a at the Azteca Stadium, but on Tuesday his third goal at the 2-0 win over Ecuador that gave home fans more reason to believe that this is their year.The…
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Oil prices rise as breakdown in Iran-US talks raises supply concerns
NEW DELHI, July 1 : Oil prices rose on Wednesday on concerns breakdowns in discussions between Iran and the U.S. for a final agreement to end their war may extend supply disruptions in the key Middle East producing region.Brent futures rose 33 cents, or 0.45 per cent, to $73.28 a barrel at 0339 GMT, while…
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Exclusive-Kawasaki Heavy plans to raise $1.2 billion via new shares and convertible bonds, sources say
TOKYO, July 1 : Japan’s Kawasaki Heavy Industries is finalising plans to raise about 200 billion yen ($1.23 billion) by issuing new shares and convertible bonds to fund capital expenditure, according to two sources familiar with the matter. The company will decide on the details of the issuance as soon as thi
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England test captaincy would be a privilege, says Brook
July 1 : Harry Brook said it would be an honour to captain England’s test team if asked and believes he can handle the demands of leading his country across all three formats.Brook, England’s current white-ball skipper, served as vice-captain under Ben Stokes for the 2-1 test series defeat by New Zealand on h
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Thailand approves $210 million Mazda-Ford AutoAlliance investment
BANGKOK, July 1 : Thailand’s investment board approved a 7 billion baht ($210 million) investment from the Mazda-Ford AutoAlliance joint venture, it said on Wednesday.Mazda’s investment will improve its production line by using automation and robotics in key processes such as chassis welding, body assembly, p
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Analysis:In a warning sign, analysis shows publicly traded credit funds are unprofitable
LONDON, July 1 : The majority of publicly traded business development companies (BDCs) — the visible part of the private credit market — have turned unprofitable due to falling asset values and rising costs, a Reuters analysis shows, in the latest sign of pressure building in this highly leveraged corner of fin
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Mexico beat Ecuador 2-0 to reach World Cup last 16 and end knockout hoodoo
MEXICO CITY, June 30 : Mexico ended a 40-year wait for a World Cup knockout victory as first-half goals from Julian Quinones and Raul Jimenez secured a 2-0 win over Ecuador on Tuesday, sending the co-hosts into the last 16 amid euphoric scenes at a rocking Azteca Stadium.The victory was Mexico’s first in the
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