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Zilingo's board members have suspended CEO Ankiti Bose amid a financial probe, reports say. Investors are concerned with the startup's accounting practices, Reuters and Bloomberg reported. Zilingo was founded in 2015 and reached $970 million in valuation four years later. Loading Something is loading. A fashion e-commerce startup in Singapore...

Key iPhone maker Pegatron has halted operations at two subsidiaries in the Chinese cities of Shanghai and Kunshan, as global supply chains feel the pinch of Beijing’s strict zero-Covid measures.The business hub of Shanghai has become the heart of China’s biggest Covid-19 outbreak since the virus surfaced more than two...

By Annabelle Liang & Sanjaya DhakalBBC NewsImage source, Getty ImagesNepal has restricted imports of non-essential goods - including cars, cosmetics and gold - after its foreign currency reserves dropped.It comes as a fall in tourism spending and money sent home by Nepalis working abroad helped drive up government debt. Meanwhile,...

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