Finance Minister Muhammad Aurangzeb has called for reforms in international financial institutions to better address the debt crisis in emerging economies like Pakistan. Speaking at a high-level session at the Boao Forum for Asia Annual Conference 2025 in China, the finance minister stressed the need for debt relief and financial justice through restructuring sovereign debt…
The parent company of clothing brand Jeanswest has gone into voluntary administration, with plans to shut all of its stores putting 600 jobs at risk. Harbour Guidance Pty Ltd, a subsidiary of a Hong Kong company owned by clothing and textiles mogul Chun Fan Yeung and his family, had previously placed Jeanswest into administration five…
Jeanswest has collapsed, entering voluntary administration The Daily Aus Read the original article here
23andMe, a formerly high-flying genetic testing company, announced Sunday that it was declaring bankruptcy and that it would seek a buyer. The company also said CEO and co-founder Anne Wojcicki is resigning immediately and will be replaced by Chief Financial and Accounting Officer Joe Selsavage as interim chief executive. 23andMe moved in November to slash…
Ola Electric settles dispute with Rosmerta, petition withdrawn Tech in Asia Read the original article here
Every taxpayer in the country will get an unlooked-for cut under a $17 billion promise at the centre of this year’s federal budget, although will have to wait more than a year for it as the government attempts to balance the demand for cost-of-living relief with the need to manage a budget that is now…
K-Pop Scandal-Ridden Burning Sun Entertainment Goes Bankrupt After Assets Fall Below 500 Million KRW Burning Sun Entertainment has gone bankrupt. The corporation the infamous nightclub Burning Sun in Gangnam has officially begun bankruptcy proceedings, as reported by Korean media. On March 25, legal sources stated that the Seoul Bankruptcy Court’s Division 13 declared simplified insolvency…
Debt Awareness Week, organised by StepChange to raise awareness of the support available for those in debt, runs this month, from 24 – 30 March. In this month’s edition of MoneyHelper’s monthly financial guidance column, Paul Fox, Regional Manager for the South-West at the Money and Pensions Service (MaPS), talks about debt and how you…
“What do people want me to do? Sit at home and just watch basketball, or play at the Y.M.C.A.?” – Allen Iverson denied going to Turkey to get himself out of gambling debt MSN Read the original article here
Jeanswest’s 53 years of operation in Australia are set to end. Photo: Facebook. Jeanswest is the latest clothing outlet to end its operations in Australia, after it was announced its parent company, Harbour Guidance Pty Ltd, had entered voluntary administration. Across the Region network, stores will close in Tuggeranong, Bega, Wollongong, Albury and Griffith. Across…