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SEIZING CHINESE ASSETS
Chinese Proverb of the Day: “Giving your son a skill is better than giving him 1,000… — Life lessons on education, learning, personal growth, success and why skills outlast wealthChinese Proverb of the Day highlights the meaning of “Giving your son a skill is better than giving him 1,000 pieces of gold.” The saying e...- US authorises Iranian oil sales until August 21 as part of push for final West Asia truce dealWashington has granted Iran a 60-day waiver on oil sanctions, permitting the nation to produce, export, and sell its crude until August 21....
- Europe is finally, slowly getting its act togetherEurope stands on the brink of a pivotal transformation, launching a set of ambitious reforms aimed at revitalizing its economy and global f...
- Iran war ceasefire grows increasingly shaky after Trump rejects Tehran's latest proposalTensions remain high between Iran and the United States as a fragile ceasefire falters. Both nations are locked in a standoff over Iran's n...
- Donald Trump says ceasefire still holds after fighting between the US and Iran flaresU.S. and Iranian forces clashed in the Gulf and Strait of Hormuz, with both sides accusing the other of breaching a ceasefire. Despite the ...
- China expands economic pressure tools in US rivalry ahead of Trump–Xi summitChina is building new economic pressure tools against the United States. Beijing has enacted laws to punish foreign firms shifting supply c...
- Missouri court orders China to pay $24 billion for Covid 19 cover-up and hoarding PPE suppliesA US federal court has ruled in favour of Missouri, awarding the state a $24 billion judgment against the Chinese Communist Party (CCP) ove...
- U.S. set to seize Venezuelan President Maduro's jet in Dominican Republic during Rubio’s Central American tourU.S. government plans to seize a Venezuelan plane used by President Nicolás Maduro during Rubio’s visit to the Dominican Republic. The Dass...
- G7 officials make progress but no final deal on money for Ukraine from frozen Russian assetsG7 finance officials are nearing an agreement on using frozen Russian assets to benefit Ukraine, with final decisions to be made at a June ...
- Chinese realty baron stole $1 billion from followers: US prosecutorsAssistant US Attorney Micah Fergenson told jurors that Guo, who was a real estate developer in China and moved to New York, amassed an onli...
- Evergrande sold yacht this year, say sources, as creditors sharpen focus on offshore assetsChina Evergrande Group has reportedly sold its luxury superyacht, Event, for about $32 million as part of its efforts to sell non-core asse...
- Karnataka HC to hear Xiaomi appeal against Rs 5,000 crore ED award on October 12The tech firm also reiterated before the division bench that Section 37A of FEMA was unconstitutional, saying that it gives unbridled and u...
- Disappointed, but will protect business interests after assets frozen in India, says XiaomiThe Chinese smart devices firm in a statement on Sunday said that over 84% of Rs 55.51 billion seized by the Enforcement Directorate earlie...
- China court sentences Chinese-Canadian billionaire Xiao to 13 years in prisonChina court sentences Chinese-Canadian billionaire Xiao to 13 years in prison. The Shanghai First Intermediate Court said that Xiao and Tom...
- Chinese real estate giant Evergrande ousts top executivesThe executives were forced to step down on Friday following an internal investigation into why banks unexpectedly seized 13.4 billion yuan ...
- ED raids disrupts business, hurts environment for foreign investors: Chinese embassyThe ED on Tuesday had raided 44 locations of Chinese smartphone manufacturer Vivo and enterprises linked to it, as part of a PMLA (preventi...
- Karnataka HC lifts block on $725 mn of Xiaomi's assets in royalty caseThe Enforcement Directorate last week seized the bank assets of Xiaomi Technology India Private Limited, saying it had found the company il...
- Gold prices buoyed as US-China trade tensions mountUS gold futures were unchanged at $1,285.70 an ounce.
- China still has a treasure chest of overseas real estate to sellReal estate asset sales by Chinese companies have surged to $12.3 billion since January.
- US weighs emergency powers to curb China tech investmentsThe US government is reviewing the possible use of a law known as the International Emergency Economic Powers Act, said Heath Tarbert, an a...
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