Defunct Hong Kong bakery chain fined HK$251,800 over unpaid wages

    Defunct Hong Kong bakery chain fined HK$251,800 over unpaid wages

    A Hong Kong court has fined a now-defunct bakery chain HK$251,800 (US$32,127) over unpaid wages and other entitlements exceeding HK$1.3 million. A liquidator for Taipan Bread & Cakes, Taipan Restaurant and their parent company, Vast Luck, pleaded guilty at Kowloon City Court on Monday to 96 charges under the Employment Ordinance, after the group failed…

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      Nature Echo Launches 10-in-1 Mushroom Coffee Sachets for Travel and On-the-Go Routines

      WESTMINSTER, Colo., June 01, 2026 (GLOBE NEWSWIRE) — Nature Echo has launched Nature Echo 10-in-1 Mushroom Coffee Sachets, a portable lower-caffeine functional coffee blend designed for business travelers, workdays and on-the-go routines. Each 2.5g sachet combines 1,920mg of instant coffee powder, 500mg of a 10:1 mushroom extract complex and 80mg of Ashwagandha extract in an…

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        ETFs Could Shatter an All-Time Record in 2026

        In 2025, the U.S.-listed ETF industry saw nearly $1.5 trillion of net inflows. That was a 32% increase over the $1.13 trillion of net new money in 2024, the only year up to that point that had eclipsed the trillion dollar plateau. On top of that, more than 1,100 new ETFs were launched last year….

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        USD/JPY Approaches 160.00: Is Another Intervention Coming?

          USD/JPY Approaches 160.00: Is Another Intervention Coming?

          USD/JPY continued its advance on Monday, reaching 159.46. The Japanese yen therefore remains under pressure near the key 160.00 level against the US dollar. This was the threshold that previously triggered currency market interventions by the Japanese authorities. Data released on Friday confirmed that Japan spent JPY 11.7 trillion supporting its national currency at the…

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