Open this photo in gallery: Los Angeles Dodgers’ Shohei Ohtani, right, and his interpreter, Ippei Mizuhara, attend at a news conference in Seoul, South Korea, on March 16, 2024.Lee Jin-man/The Associated Press This week, reporters from various California outlets began ringing up Shohei Ohtani about his involvement in the federal investigation of a bookmaker. Why…
Until last summer, there were few concrete links between a slowdown in China’s property sector and a domestic shadow banking industry that has for years supplied middle-class savers with high-interest products. But that suddenly changed in July when longstanding wealth management group Zhongzhi ran into payment difficulties, making it the focal point of concerns about…
Tasmanian Premier Jeremy Rockliff has expressed concern following the news that regional airline Rex has entered voluntary administration. Flights between Melbourne and Hobart have been cancelled for the indefinite future, while regional services to King Island, Burnie and Devonport remain in operation. In Parliament on Wednesday, the Premier emphasised the importance of maintaining aviation capacity…
Candice Miller is making a fresh start in Miami with a little “financial” help from her friends, Page Six is told. The influencer mom-of-two, 42, was left “blindsided” by her husband Brandon’s July suicide at their $15.5 million Hamptons home, one pal said, prompting friends to rally around and support her move from NYC to…
Former Wimbledon champion Boris Becker’s bankruptcy has officially ended, after a UK judge found he had done “all that he reasonably could do” to fulfil his financial obligations. The German tennis player was declared bankrupt in June 2017, owing creditors almost £50m. The High Court was told he still owed about £42m – but lawyers…
Mumbai: Fortis Healthcare, Apollo Hospitals, Medanta and Max Healthcare are among half-a-dozen companies that have shown preliminary interest in acquiring Jaypee Healthcare, the last of the Jaiprakash Group’s priced assets to be admitted into bankruptcy. On Friday, the Allahabad bench of the National Company Law Tribunal (NCLT) gave an oral order to admit Jaypee Healthcare…
Days after lawyers accused Shohei Ohtani’s longtime interpreter Ippei Mizuhara of “massive theft” to pay off gambling debts, Major League Baseball has announced that they are launching their own formal investigation into allegations surrounding the Dodgers star player. “Major League Baseball has been gathering information since we learned about the allegations involving Shohei Ohtani and…
Insolvency practitioner John Vouris reflects on his 50 years in the industry and the recent boom in insolvency driven by the economy. Following events such as COVID-19, the Australian economy and small business industry are still trying to regain normal operations, with some SMEs still struggling to reverse the negative impacts. Hall Chadwick Partner and…
A string of companies linked to a heating and cooling business have collapsed in recent months, leaving customers and staff in the lurch. News.com.au can reveal that eight companies which made up Victorian-based business Pact Services Group collapsed into liquidation two months ago. Pact Services has been around as a whole for nearly 50 years,…
The Federal Government will cut the student debt of more than three million Australians in this month’s budget, including 17,424 in the electoral division of McEwen. In a bid to ease the cost-of-living pressures off young people and fight against inflation, the Federal Government will wipe around $3 million in student debt, reverting the effects…