Author: Admin

[HANOI] Since the United States accused Vietnam of being a hub for counterfeit goods, Tran Le Chi has found it increasingly hard to track down her favourite fake Chanel T-shirts, Gucci sunglasses and Louis Vuitton handbags.As Vietnam’s government tries to head off US President Donald Trump’s threatened 46 per cent tariff, it has launched a crackdown on fake products – in part to show responsiveness to US concerns. Now there are streets filled with shuttered shops in Hanoi and rows of closed stalls at Saigon Square shopping mall, a major clothing market in Ho Chi Minh City – the kind of…

Andy Pages knocked a home run, grabbing the Los Angeles Dodgers’ lead over San Diego Padres

[SINGAPORE] Optus Mobile has reached a settlement with the Australian Competition and Consumer Commission (ACCC), which filed court proceedings against it over alleged sales misconduct, the Singtel subsidiary said on Wednesday (Jun 18). The legal proceedings, filed in the Federal Court of Australia, accused Optus of acting unconscionably and conducting inappropriate sales practices in dealings with around 429 customers between August 2019 and July 2023. The settlement includes a proposed penalty of A$100 million (S$83.4 million), which will be considered by the Federal Court for approval, and an enforceable undertaking to implement change. The penalty is fully provided for in…

A war of words is escalating between Senate Democrats and executives at the crypto firm that is partly owned by President Trump’s family, as congressional leaders seek more information about ways in which the first family may be seeking to blend profit with official government action, CBS News has learned.In an exchange of polite but pointed letters, Senate Democrats demanded more details about a multibillion-dollar transaction between the Trump family’s crypto venture, World Liberty Financial, and a pool of investors that includes foreign nationals. And the senators questioned the firm on its launch of a “stablecoin,” a crypto product backed…

[WASHINGTON] The top US bank regulators plan to reduce a key capital buffer by up to 1.5 percentage points for the biggest lenders after concerns that it constrained their trading in the US$29 trillion Treasuries market.The Federal Reserve, Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC) are focusing on what’s known as the enhanced supplementary leverage ratio (eSLR), according to sources briefed on the discussions. This rule applies to the largest US banks, including JPMorgan Chase, Goldman Sachs and Morgan Stanley. The proposal would lower a bank holding company’s capital requirement under the eSLR…

The Florida Panthers repeated as Stanley Cup champions by beating the Edmonton Oilers 5-1 in Game 6 of the final on Tuesday night, becoming the NHL’s first back-to-back winners since Tampa Bay in 2020 and ’21 and the third team to do it this century.Sam Reinhart scored four goals, becoming just the fourth player in league history to get that many in a game in the final. His third to complete the hat trick sent rats, along with hats, flying onto the ice. Matthew Tkachuk, one of the faces of the franchise, fittingly scored the Cup clincher.”Good evening, South Florida,”…

The U.S. dollar held on to gains against major currencies early on Wednesday, buoyed by demand for safety as conflict between Israel and Iran kept investors on edge ahead of a Federal Reserve decision on interest rates later in the day.Israel has pounded Iran over the past six days to halt its nuclear activity and has asserted the need for a change of government in the Islamic republic.The U.S. military is also bolstering its presence in the region, Reuters reported, sparking speculation of U.S. intervention which investors fear could spread into a region replete with energy resources, supply chains and…

[JAKARTA] At least two dozen flights to and from the Indonesian resort island of Bali, including Singapore Airlines flights from Changi Airport, have been cancelled after a volcano in the archipelago’s east erupted, shooting an ash tower 10km into the sky.Mount Lewotobi Laki-Laki, a 1,703m twin-peaked volcano on the eastern tourist island of Flores, erupted on Jun 17, with the authorities raising its alert status to the highest level. The flights cancelled included Jetstar Asia and Virgin Australia flights to cities across Australia, with Air India, Air New Zealand, Singapore Airlines and China’s Juneyao Airlines also cancelling flights “due to volcano”,…

[SINGAPORE] Once on the brink of bankruptcy, home-grown auto repair shop Pitstop Tyres is now making more than S$1 million in annual revenue – thanks to its second-generation owner’s fresh approach. When Cordillia Tan joined the family business in end-2020, she brought along her experience in a venture capital firm, where she helped early-stage startups accelerate their growth. But she did not expect to spend the next few years trying to pull the company out of debt. Her father, Edmund Tan, opened Pitstop Tyres in 2009 after a career in the industry – first as a tyre fitter and then…

Check out the top moments from this match between Curaçao and El Salvador