Porridge shop owner charged with $3.8m tax evasion, money laundering
Singapore porridge shop owner Buntono faces 30 charges including tax evasion of $3.8M and money laundering involving $2.4M cash, property, and a Lamborghini.
Markets await clarity on Fed policy as Kevin Warsh heads to Jackson Hole amid pressure from Treasury Secretary Bessent's market interventions and uncertainty over inflation stance.
Singapore porridge shop owner Buntono faces 30 charges including tax evasion of $3.8M and money laundering involving $2.4M cash, property, and a Lamborghini.
Singapore porridge shop owner Buntono faces 30 charges including tax evasion of $3.8M and money laundering involving $2.4M cash, property, and a Lamborghini.
Kuaishou raised $2.79 billion for its AI video generator Kling AI with Tencent backing, targeting a $15 billion valuation. The funding dilutes Kuaishou's stake to 68% but signals major investment in China's competitive AI video space.
Zimbabwe's tourism sector is experiencing rapid growth fueled by returning skilled hospitality workers fleeing South African xenophobia, with African tourist arrivals up 16% and $194M in sector investment.
NIFTY50 extends winning streak with positive technical signals; traders watch for sustained close above 24,250 resistance amid supportive global market cues and stabilizing oil prices.
Indian markets expected to open higher on July 3 with NIFTY50 up 157 points. Key developments include J&K Bank's insurance partnerships, Coal India's supply growth, and Adani's major FDI metallurgy project in Odisha.
Abenson launches month-long birthday sale with exclusive discounts on appliances, gadgets, and furniture, featuring weekly promotions, bundle deals, and flexible payment options across 150 stores nationwide.
Las principales empresas tecnológicas chinas cotizan en mínimos históricos tras caídas de hasta 28%, mientras inversores huyen por dudas sobre rentabilidad de inversiones en IA y débil crecimiento económico.
Indian markets poised for modest positive open with GIFT Nifty up 0.24%, supported by strong commodity prices and domestic institutional buying despite continued FII selling pressure.
IM Motors delivered 40,087 vehicles in H1 2026, up 58% year-on-year, driven by the LS8 model featuring steer-by-wire and 800V architecture. The company is expanding globally while facing intense competition in the EV market.
KTC introduces the H27E6, a 27-inch WQHD 300Hz monitor designed for esports gamers, streamers, and professionals, featuring professional color accuracy, HDR400 certification, and ergonomic vertical rotation capabilities.
Toyota reveals the Corolla Cross Adventure, a rugged special edition compact SUV for Japan's 60th anniversary celebration, featuring RAV4 Edge-inspired styling and cosmetic enhancements.
Japanese companies issued ¥1 trillion in convertible bonds in H1 2026, the highest since 2004, as rising interest rates make this cheaper financing option more attractive.
Takeda Pharmaceutical announced a $60M initial collaboration with Insilico Medicine to use AI for drug discovery, with potential total value reaching $600M plus royalties, gaining exclusive rights to commercialize AI-designed molecules.
The U.S. dollar fell to its lowest weekly drop in three months after June's weak jobs report of 57,000 payrolls reduced market expectations for near-term Fed rate hikes, providing relief for the struggling yen.
Kobelco's SK1300DLC-11 demolition excavator combines 130-foot reach with 21,000-pound lifting capacity and modular design for efficient large-structure dismantling while prioritizing operator safety and transportability.
TBForte adquiere 82 camiones eléctricos e-Delivery de Volkswagen para transporte de valores, marcando la entrada de tecnología eléctrica en este segmento especializado con enfoque en seguridad y sostenibilidad.
The Dow Jones surged nearly 600 points to a record close while the Nasdaq declined as investors rotated away from mega-cap tech and chip stocks amid cooling jobs data.
Os principais índices norte-americanos encerraram a sessão divididos, com o S&P 500 estável e o Nasdaq em queda de 0,80%, após dados fracos do mercado laboral serem ofuscados por preocupações sobre uma potencial bolha na inteligência artificial.
Multiple Indian stocks face trading focus on July 3 following Q1 earnings releases and corporate announcements. Major financial institutions, consumer companies, and infrastructure firms report strong growth metrics.
Australian superannuation funds delivered double-digit returns by diversifying into global markets like South Korea, while ETF listings hit record levels as more Australians embrace exchange-traded fund investing.
A T. rex skeleton nicknamed 'Gus' is being presented in New York before going to auction, marking a significant event in paleontology and the commercial fossil market.
The Celtics traded Jaylen Brown to the 76ers in exchange for Paul George and draft picks, significantly reshaping both Eastern Conference contenders ahead of the 2026-27 season.
New research contradicts a 2005 manufacturer study, finding fluazinam fungicide causes significant brain development effects in rats. Campaigners demand immediate withdrawal of the EU-approved pesticide.