Sunday , November 24 2024

Recent Posts

Le Pho painting sells for over $1.3 mln

Oil on canvas painting “The et Sympathie” by late artist Le Pho (1907-2001) has sold for US$1.36 million at Sotheby’s Hong Kong auction house. Offered Friday in the “Modern Evening Auction” section, the 131 x 195 centimeter work had been valued by the auction house at US$484,000-866,000. It depicts a …

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Central bank assures panicked depositors after board member dies

Central bank assures panicked depositors after board member dies

The central bank had to intervene to prevent a run on Saigon Commercial Bank after the death of its board member caused panic among depositors. After SCB’s branches were filled with customers who wanted to either withdraw their deposits or inquire about their safety Friday afternoon, the State Bank of …

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