Asian Firms Divided on Insolvency Outlook Amid Ongoing Trade Challenges Macau Business
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Facebook App: Open links in External Browser
There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser.
This can be done through the following steps:
1. Open the settings menu by clicking the hamburger menu in the top right
2. Choose “App Settings” from the menu
3. Turn on the option “Links Open Externally” (This will use…
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A foreign company that produced oil in Russia announced its voluntary liquidation. Ореанда-Новости
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[HONG KONG] Developer China South City Holdings was ordered to liquidate by Hong Kong’s High Court, making it the biggest Chinese builder by assets to be wound up since China Evergrande Group.
The ruling from judge Linda Chan came after the liquidation petitioner asked for an immediate wind-up order. China South City asked the court for “one final chance”, but Chan said that no significant progress had been made on the company’s restructuring proposal.
The liquidation order shows how China’s years-long property crisis continues to shake one-time giants of the real estate industry. Despite government efforts to prop up the ailing sector, home sales are still weak, making any near-term recovery unlikely. Even UBS Group, which…
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Builder China South City Ordered to Liquidate by Hong Kong Court Bloomberg.com
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Auckland restaurant Dragon Boat goes into liquidation after 31 years Stuff
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Seven years ago, Australia’s Hayne Royal Commission exposed eye-watering misconduct in the design and distribution of many financial products. The government’s response was to require banks and insurance firms to provide consumers with more information about what they are offering, known as product disclosure statements. The Australian Securities and Investments Commission (ASIC) outlines principles for good disclosure, requiring information to be relevant, complete and easy to understand.
These rules are a crucial way to help people make more informed choices about whether signing on the dotted line would genuinely be in their best interests. Yet no such obligations apply to universities. Higher education is one of the largest…
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Insolvency practice hires new director – will lead development of bankruptcy advice services Insider Media Ltd
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The Mumbai Bench of the National Company Law Tribunal (NCLT) admitted a Section 10 application filed by NAC Advertising India Private Limited and initiated the Corporate Insolvency Resolution Process (CIRP) against it, after finding that the company’s financial default was clearly established and above the threshold under Section 4(1) of the Insolvency and Bankruptcy Code, 2016.
NAC Advertising India Private Limited, the corporate applicant, filed the petition under Section 10 of the Code read with Rule 7 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016, seeking to initiate CIRP due to its inability to repay dues owed to financial creditors, operational creditors, and government…
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The number of people in Ukraine who decide to declare themselves bankrupt is growing. This was reported by UNN with reference to Opendatabot.
Details
According to the information of the Supreme Court, over the past 5 years, more than 2.9 thousand Ukrainians have become bankrupt. 577 Ukrainians have already filed for bankruptcy in the first 6 months of 2025.
The number of such cases increased by 33% compared to the same period in 2024. Most people went bankrupt last year: 926 cases, but the current year risks catching up with these figures.
In total, 2948 bankruptcy cases of citizens have been opened in the last 5 years. 52% of cases since 2021 concern men, and 48% – women.
The largest…
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The Delhi Police last week arrested an Uttar Pradesh Police constable for allegedly stealing motorcycles in the national capital to pay off his gambling debts. The accused has been identified as Mohseen, 27, who was stationed at the 44 BN PAC on the Hapur Road in Meerut.
The Delhi Police nabbed him from the Preet Vihar area of East Delhi on August 6 while conducting a patrol in Rajdhani Enclave. “Based on a tip-off, the police detained a person named Mohseen and found two master keys, which are used to unlock vehicles, in his possession. He is from the Baraut area of Baghpat and could not tell any justified reason for his presence in the Preet Vihar area,” said Abhishek Dhania, Deputy Commissioner of Police, East.
Upon further…


