Shares in Indian conglomerate Adani tanked on Thursday after its industrialist owner Gautam Adani was charged by US prosecutors with handing out more than $250 million in bribes for key contracts.The painful losses at units of the Adani Group came as markets in most of Asia retreated as blockbuster earnings from chip titan Nvidia smashed …
Adani plunges in Mumbai on founder’s charges as Asian markets retreat Read More »
Sri Lanka’s new leader on Thursday backed a controversial IMF bailout, marking a U-turn from his election pledge to renegotiate the deal secured by his predecessor.Leftist President Anura Kumara Dissanayake, who tightened his grip on power last week after winning a huge majority in the legislature following his own victory in September, vowed to maintain …
Sri Lanka’s president makes U-turn on IMF bailout Read More »
Sri Lanka’s new leader on Thursday backed a controversial IMF bailout, marking a U-turn from his election pledge to renegotiate the deal secured by his predecessor.Leftist President Anura Kumara Dissanayake, who tightened his grip on power last week after winning a huge majority in the legislature following his own victory in September, vowed to maintain …
Sri Lanka’s president makes U-turn on IMF bailout Read More »
Billionaire Indian tycoon Gautam Adani should be arrested after US prosecutors charged him with paying more than $250 million in bribes to secure lucrative government contracts, opposition leader Rahul Gandhi said Thursday. Gandhi’s demand came after shares in the industrialist’s conglomerate nosedived nearly 20 percent in Mumbai, the morning after a bombshell indictment in New York …
India opposition leader demands tycoon Adani’s arrest after US charges Read More »
The business empire of Gautam Adani is again in turmoil after the billionaire Indian tycoon was charged in the United States with paying exorbitant bribes to secure lucrative government contracts.- Who is Gautam Adani? -Adani, 62, is a publicity-shy school dropout of humble origins who rose to become fabulously rich.Moving to Mumbai in his teens …
Why is Indian tycoon Gautam Adani facing US bribery charges? Read More »
Billionaire Indian industrialist Gautam Adani, whose business empire has been rocked by US bribery charges against him, is one of the corporate world’s great survivors.The tycoon — a close ally of Hindu nationalist Prime Minister Narendra Modi — oversees a vast conglomerate encompassing coal, airports, cement and media operations.The US court charges that he paid …
Gautam Adani: Billionaire Indian tycoon facing US bribery charges Read More »
Shares in India’s Adani Enterprises slumped 20 percent at Thursday’s open after US prosecutors charged billionaire industrialist founder Gautam Adani with paying hundreds of millions of dollars in bribes and hiding the payments from investors.The steep losses in the Adani group’s main listed entity were matched by abrupt sell-offs and trading halts in its other …
India’s Adani Enterprises tanks after founder’s US charges Read More »
Shares in India’s Adani Enterprises slumped 10 percent at Thursday’s open after US prosecutors charged billionaire industrialist founder Gautam Adani with paying hundreds of millions of dollars in bribes and hiding the payments from investors.The steep losses in the Adani group’s key firm was matched by heavy selling in its other key businesses, with Adani …
India’s Adani Enterprises tanks after founder’s US charges Read More »
Deep in South Korea’s hinterlands lies a perfect replica of 1900s Seoul: welcome to Sunshine Land, the latest K-drama theme park to cash in on booming K-culture tourism.Fans of K-pop mega group BTS have long flocked to the South to see sites associated with the boy band, from the dorms where they slept as trainees …
Screen to reality: South Korea targets K-pop, K-drama tourism boom Read More »
Asian markets were mixed Thursday as another blockbuster earnings from chip titan Nvidia smashed forecasts but still left investors disappointed, while sentiment was also being swayed by geopolitical concerns.Bitcoin reached an all-time peak above $95,000 as it continued its run towards $100,000 on optimism that the incoming US president will usher in an era of …
Asian markets mixed as Nvidia falls short of hopes, eyes on Trump Read More »
