The unnerving amount of debt in an Australian company has been revealed, with allegations it traded while being tens of millions in the red. Earlier this year, news.com.au reported that Bonza had ...

Xia Haijun, the former CEO of China Evergrande Group, has been thrust back into the limelight as liquidators of the defaulted developer try to claw back money to repay creditors. This week brought ...

This week marks the unveiling of our Top 50 Drinks Wholesalers 2024 results, singling out and celebrating the best in the business when it comes to supplying wines, spirits and beers. We have been ...

A High Court judge has appointed provisional liquidators to a recruitment company employing 290 people. Most of the employees of ECS Recruitment Ltd work for customers as agency staff and the plan ...

KARACHI: Banks find themselves trapped in liquidity surplus these days, forcing them to start lending at throwaway rates as low as three per cent per annum to avoid paying tax on Advance-to ...

“This is an important milestone in the liquidation of Hin Leong, and is a victory that belongs to (its) creditors,” said liquidator Goh Thien Phong. In the judgment reached by both ...

Treasurer Jim Chalmers has delivered a solid second budget surplus of $15.8 billion on the back of booming income tax receipts, but future spending pressures are building. Spending last financial ...

Jeremy Hunt has claimed the Government could have a budget surplus of £39 billion rather than the “fictitious” £22 billion blackhole it says it inherited from the Tories. Speaking at his ...

HIN Leong Trading founder Lim Oon Kuin – the former Singapore oil tycoon better known as OK Lim – and his children, Evan Lim and Lim Huey Ching, have agreed to pay US$3.5 billion to the ...