The Evergrande fallout has put significant pressure on PwC’s China operations. Credit: Michael Vi/Shutterstock.com. PricewaterhouseCoopers (PwC) partners in Hong Kong are set to miss sizeable payouts after the company chose to retain money from a previous business sale, weeks after being hit with sanctions over its Evergrande audits. An email to retired partners, seen by the Financial Times (FT), said proceeds from the 2022 disposal of a business unit would now be held for the “operations and investments” of the company, rather than distributed to those who were partners in Hong Kong at the time. Access deeper industry intelligence Experience…
Author: Isla
An Iranian opposition group, whose name translates as “Iranian Residents in Japan Seeking Freedom for Their Homeland,” held a protest rally on May 31 outside the Iranian Embassy in Tokyo. Participants condemned the Iranian authorities’ crackdown on anti-government protesters, chanting slogans such as, “Do not execute the Iranian people” and “Do not kill our youth.” The protesters said that freedom of expression is severely restricted in Iran, making it impossible to openly advocate for freedom at home. As a result, they have been forced to continue their activism abroad, including in Japan. Continuing Repression Anti-government protests that spread across Iran…
Mucahithan Avcioglu05 June 2026•Update: 05 June 2026India’s central bank held its benchmark interest rate steady on Friday while lowering its growth outlook and raising its inflation forecast, as surging global energy prices and pressure on the rupee cloud the economic outlook.The Reserve Bank of India (RBI) kept the policy rate unchanged at 5.25%, in line with market expectations.The bank raised its inflation projection for the financial year ending March 2027 by 50 basis points to 5.1%, while cutting its growth forecast to 6.6% from a previous estimate of 6.9%.Sanjay Malhotra, the RBI governor, said monetary policy had become more cautious…
Russian President Vladimir Putin on Thursday said Moscow would not interfere in the “delicate” relationship between India and China, expressing confidence that Prime Minister Narendra Modi and Chinese President Xi Jinping were working to resolve outstanding issues of mutual interest, including the long-running border dispute.Speaking during an interaction with media in St Petersburg, Putin said Russia maintained strong ties with both New Delhi and Beijing and saw no reason to intervene in their bilateral matters.”These are delicate, multi-faceted relations between India and China, and interfering into them is not a good idea. Of course, we interact with our friends in…
Weak close to week for miners Mining News Net Source link
As part of its awareness programme, Dubai Police is highlighting key cyber safety messages, including the importance of avoiding communication with strangers in online chat rooms, the risks associated with insecure online financial transactions, and the need to protect personal and banking information. Officials stressed that such precautions help prevent cyber fraud, blackmail, and privacy breaches. Source link
TEMPO.CO, Jakarta – Indonesia’s benchmark stock index plunged in Friday’s morning session, while the rupiah posted a modest gain against the U.S. dollar amid heightened market uncertainty.The Jakarta Composite Index (JCI) fell 2.53 percent to 5,692 at the close of the first trading session on June 5. Of the stocks traded, 624 declined, 115 advanced, and 220 were unchanged, according to data from the Indonesia Stock Exchange (IDX).Trading volume reached 23.37 billion shares worth Rp21.07 trillion (US$1.3 billion), with a total of 1.29 million transactions recorded during the session.Among the top gainers were PT Maha Properti Indonesia Tbk (MPRO), which…
Hong Kong police took away seven people in Causeway Bay, where past public commemorations for China’s 1989 Tiananmen crackdown were once held, on Thursday, the 37th anniversary of the event. A young man in a black T-shirt is intercepted by police on June 4, 2026. Photo: Kyle Lam/HKFP. Police said late on Thursday that five men and two women, aged 17 to 79, were stopped by officers on suspicion of “disrupting order” near Great George Street and East Point Road in Causeway Bay. They were taken away from the scene for further investigation and were released later, according to police.…
SKYWORTH Solar has reinforced its commitment to Thailand’s clean energy sector following the opening of its Bangkok office and the signing of a 100MW commercial and industrial solar project memorandum of understanding. SHANGHAI, CHINA – Media OutReach Newswire – 5 June 2026 – SKYWORTH Solar has reinforced its commitment to Thailand’s growing clean energy sector following the opening of its Bangkok office and the signing of a 100MW commercial and industrial (C&I) solar project memorandum of understanding with local partner CapSolar. The announcement forms part of SKYWORTH Solar’s newly unveiled global growth strategy, revealed at the 2026 SNEC Exhibition and…
Comfy Summer Shoes at Quince You’ve swapped out heavy puffer coats and sweaters for light jackets and crewneck tees—now it’s time to refresh your shoe collection. Quince is the perfect place to start if you want styles that are comparable to high-end versions but much more affordable. The editor-loved brand recently dropped a lineup of summer shoes for under $100, including leather ballet flats, sneakers, sandals, and loafers. Ahead, we rounded up pairs worth adding to your rotation—not limited to the Italian Leather and Suede Low Profile Sneaker that shoppers say is “very cushy on the inside.” Best Quince Summer…