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Taliban hold turf, reject Pakistan acquisitive overtures - Vimarsana News

Taliban hold turf, reject Pakistan acquisitive overtures

Taliban is holding their turf and fighting back Pakistan's moves to use its currency for trade and preparing to dovetail the Afghan economy with its own has become a major irritant between Islamabad and Kabul, Al Arabiya reported.

Three listed units of China's HNA disclose embezzlements of nearly $10 bn - Vimarsana News

Three listed units of China's HNA disclose embezzlements of nearly $10 bn

Three units of HNA, once China's most acquisitive conglomerate, said nearly $10 billion had been embezzled by shareholders, in disclosures to stock exchanges that come amid a government-led probe into the deeply indebted group. A total of 61.5 billion yuan ($9.57 billion) had been embezzled by shareholders and other related parties, Shanghai-listed Hainan Airlines Holding Co, HNA Infrastructure Investment Group Co and Shenzhen-listed CCOOP Group Co said late on Friday. The three companies and their subsidiaries had also provided non-compliant guarantees for 46.5 billion yuan in financing, ...