PHI Luxembourg Development S.A., a Luxembourg-based subsidiary of PHI Group, Inc., ( OTC Markets: PHIL), announced today that it.
China’s Zijin Mining to buy Guyana Goldfields for $238 million
China’s Zijin Mining said on Friday it would acquire Guyana Goldfields for C$323 million ($238 million), bringing an end to a protracted takeover battle for the Canada-listed gold miner. Toronto-based …
Suit alleges Bellevue real estate investors led long-running, cult-like Ponzi scheme in China
The defendants have acquired nearly $111 million in Seattle-area property, including nearly an entire city block in downtown Bellevue that later ended up in the hands of Vulcan’s real estate …
China Market Update: Curb Your Pessimism, Week In Review
Hong Kong gapped lower at the open -2.29% but managed to claw back most of the initial losses to close -0.73%.
Lebanon finmin: dollar has begun to weaken against pound, will soften further -LBCI
Lebanon Finance Minister Ghazi Wazni said on Friday that the dollar has begun to weaken against the pound currency and will soften further, according to broadcaster LBCI.
Dubai’s Godolphin double-handed in Australia
After a very productive outing last week as the British horse racing season resumed following a hiatus, Godolphin are double-handed in Australia on Saturday. The Dubai horse racing operation conjured …
Formula One facing worsening financial crisis with races in Azerbaijan, Singapore and Japan cancelled
The autumn schedule looks increasingly uncertain with three races in the Americas also in serious doubt Formula One faces the prospect of a worsening financial crisis after accepting that grands prix …
Korea’s CJ CGV To Cut Debt By Selling Stake in Vietnam Property Unit
South Korea’s top exhibitor CJ CGV will sell its 25% stake in CJ Vietnam, CJ’s Vietnamese real estate investment unit, on Jul. 3. The move is will shore up CGV’s balance sheet which has been badly hit …
Philippine financial markets closed for Independence Day
Philippine financial markets are closed on Friday, June 12, in observance of the country’s 122nd Independence Day.
China promises Philippines will get vaccine against COVID-19
Presidential spokesman Harry Roque said Friday that Duterte got the assurance from Chinese leader Xi Jinping in a late Thursday telephone call.