Troubled Australian casino operator The Star Entertainment Group is to engage new cost and restructuring initiatives as the business warns that it is experiencing a significant and rapid deterioration in operating conditions. Star, which has been the target of multiple parliamentary inquiries into misconduct, said that it intends to restructure due to the compounding impact…
WASHINGTON China, under growing pressure from top international policymakers, appeared to indicate this week that it is ready to make concessions that would unlock a global effort to restructure hundreds of billions of dollars of debt owed by poor countries. China has lent more than $500 billion to developing countries through its lending program, making…
A bankrupt builder who won $15m playing X Lotto will stand trial accused of keeping those winnings from his creditors despite prosecution and defence counsel agreeing he did it. On Tuesday, Terry Woodall asked the Adelaide Magistrates Court to award him a second windfall and order prosecutors to reimburse his legal bills for the past…
A bankrupt builder who won $15m playing X Lotto will stand trial accused of keeping those winnings from his creditors despite prosecution and defence counsel agreeing he did it. On Tuesday, Terry Woodall asked the Adelaide Magistrates Court to award him a second windfall and order prosecutors to reimburse his legal bills for the past…
SERDANG, April 19 Tan Sri Lee Kim Yew, the founder and adviser of property conglomerate Country Heights Holdings Berhad, today said he is challenging the bankruptcy declaration brought against him by a former US-based consultant whom he once considered a friend. He said he will only submit to Malaysian jurisdiction and confirmed that he has…
Updated Apr 19, 2023 6.12pm, first published at 9.52am Star Entertainment is considering a possible sale of its flagship Sydney asset as the casino buckles under competition from neighbouring Crown and the burden of operating under the oversight of regulator-appointed special managers. It downgraded earnings forecasts and will eliminate 500 jobs, the group said on…
A bankrupt builder who won $15m playing X Lotto will stand trial accused of keeping those winnings from his creditors despite prosecution and defence counsel agreeing he did it. On Tuesday, Terry Woodall asked the Adelaide Magistrates Court to award him a second windfall and order prosecutors to reimburse his legal bills for the past…
A bankrupt builder who won $15m playing X Lotto will stand trial accused of keeping those winnings from his creditors despite prosecution and defence counsel agreeing he did it. On Tuesday, Terry Woodall asked the Adelaide Magistrates Court to award him a second windfall and order prosecutors to reimburse his legal bills for the past…
A bankrupt builder who won $15m playing X Lotto will stand trial accused of keeping those winnings from his creditors despite prosecution and defence counsel agreeing he did it. On Tuesday, Terry Woodall asked the Adelaide Magistrates Court to award him a second windfall and order prosecutors to reimburse his legal bills for the past…
A bankrupt builder who won $15m playing X Lotto will stand trial accused of keeping those winnings from his creditors despite prosecution and defence counsel agreeing he did it. On Tuesday, Terry Woodall asked the Adelaide Magistrates Court to award him a second windfall and order prosecutors to reimburse his legal bills for the past…