Trading halted in troubled Australian casino firm / Photo: DAVID GRAY - AFP/File
-
Pope rests as Vatican reports new improvement
-
Russian divers found dead near popular Philippines resort
-
Olympic champion Lydia Ko strikes it hot in Singapore
-
China missed key climate target last year: official data
-
Asian markets thumped as Trump tariff salvo fans fresh fears
-
Off leash: China's pet industry shines in ailing economy
-
Nigerians displaced as rents double in inflation-hit Lagos
-
China vows response to latest US tariffs also targeting Canada, Mexico
-
La Reunion residents ordered indoors as 'purple alert' cyclone nears
-
Parents rush to vaccinate children after measles outbreak hits Texas
-
Tokyo's all-seeing Skytree tower
-
Zelensky, Trump to sign minerals deal at White House
-
Marquez fires warning in first practice at MotoGP season opener
-
Isco, Antony tandem threat to Real Madrid on Betis visit
-
Barre hopes to take France form to Stade Francais' Top 14 'operation survival'
-
PSG host Lille with Champions League blockbuster on the horizon
-
Trump's Russia pivot keeps China guessing on Ukraine
-
Talks to resume in Cairo on next phase of Israel-Hamas ceasefire
-
Avowed misogynist Andrew Tate in US despite rape charges in Romania
-
Worry, confusion as Vietnam slashes public jobs
-
Rudderless Matildas desperate to reignite fire when Kerr returns
-
Asian markets tumble as Trump tariff salvo fans fresh fears
-
Oscars nod 'truly magical' for Iranian film's young stars
-
Ronaldo closes on Asian Champions League crown as Saudi sides reign
-
Constitutional crisis looms as Trump admin flirts with defying the courts
-
Cat tale 'Flow' goes from underdog to Oscar nominee
-
Greece marks train crash anniversary with national stoppage
-
China's leaders gather to hash out Trump tariff battle plans
-
Man City, Man Utd turn to FA Cup glory to save poor seasons
-
Israeli kibbutz rebuilds after 2023 attack as residents mull return
-
'Anora' vs 'Conclave'? Oscars set for 'nail-biter' showdown
-
Feted at Carnival, Afro-Brazilian faiths face hate in daily life
-
Under pressure from Trump, Mexico extradites cartel kingpins
-
Cotter demands '80-minute performance' from stuttering Blues
-
S.Africa bids for first African F1 grand prix in 30 years
-
'With Love, Meghan': what's behind Markle's new rebranding?
-
Force aim to be 'nice and fast' against dangerous Reds
-
N. Korea says launched cruise missiles in 'counterattack' drills
-
Trading halted in troubled Australian casino firm
-
Hundreds of firings at key US climate agency: lawmaker
-
Under pressure from Trump, Mexico extradites cartel kinpins
-
Meta plans stand-alone AI app: report
-
Apple unveils new child safety features amid age verification debate
-
What now for Venezuela with Chevron's oil permit in peril?
-
Trump softens tone but Starmer leaves without Ukraine security pledges
-
World agrees hard-fought nature funding plan at UN talks
-
West Ham ease to victory over lacklustre Leicester
-
Global stocks mostly fall on Nvidia results, fresh Trump tariff talk
-
Trump says US, Britain working on 'great' trade deal
-
Ravens kicker Tucker again denies sex allegations
NYSE - LSE
Trading halted in troubled Australian casino firm
Trading in troubled Australian casino operator Star Entertainment was paused on Friday as the company sought to free up enough cash to keep afloat.
Star said it was exploring "possible liquidity solutions" -- including last-minute bailout offers -- but conceded there was "material uncertainty" clouding its future.
The Australian Securities Exchange said trading in Star had been "temporarily paused" just minutes before the stock market opened.
The company last traded at Aus$0.12 a share (US$0.07) with a market capitalisation of Aus$344 million.
The firm has previously been accused of not adequately policing criminal infiltration and doing little to vet the sources of money coming into the business.
Watchdogs found that one patron -- a Chinese real estate billionaire barred by the Australian government for being an agent of Chinese influence -- had ploughed more than a billion dollars into Star over several years.
Another high-rolling patron was allegedly involved in human trafficking.
The group was temporarily delisted from the Australian Securities Exchange last year after failing to post its annual financial results.
Y.Nakamura--AMWN