HSBC denies reports that claims it ‘framed’ Huawei
BEIJING (Reuters) - HSBC on Saturday denied Chinese media reports that it had “framed” Huawei Technologies and played a role in the arrest of the chief financial officer (CFO) of…
Wirecard collapses & owes creditors US$4 billion
BERLIN/MUNICH • Wirecard collapsed yesterday, owing creditors almost US$4 billion (S$5.5 billion) after disclosing a gaping hole in its books, in Germany's worst accounting scandal. The payment company filed for…
IMB to Tackle Bills of Lading Fraud
The International Maritime Bureau (IMB) announced that it has launched a new initiative aiming to mitigate bills of lading (B/L) fraud conducted by non-vessel owning common carriers (NVOCCs).The IMB NVOCC…