At least $1 billion of client funds missing at failed crypto firm FTX : Report

At least $1 billion of customer funds have vanished from collapsed crypto exchange FTX, according to two people familiar with the matter. The exchange’s founder Sam Bankman-Fried secretly transferred $10 … Read More

WHO warns of global shortage of medical equipment to fight coronavirus

By Administrator_India Capital Sands The World Health Organization (WHO) on Tuesday warned of a global shortage and price gouging for protective equipment to fight the fast-spreading coronavirus and asked companies … Read More

China Makes Bad Loans Disappear as Virus Pummels Banks

By Ritu, Capital Sands Chinese banks are taking extraordinary measures to avoid recognizing bad loans, seeking to shield themselves and cash-strapped borrowers from the economic fallout of the coronavirus outbreak. … Read More

China’s NHC: Novel coronavirus is preventable and treatable

By Ritu, Capital Sands At a daily press conference on Monday, Guo Yanhong, a hospital administration supervisor at China’s National Health Commission (NHC) said that that novel coronavirus is preventable … Read More