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Search Result for “financial”

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US to widen sanctions on sale of semiconductor chips to Russia, sources say

Reuters, Published on 12/06/2024

» WASHINGTON: The U.S. government plans on Wednesday to announce wider sanctions on the sale of semiconductor chips and other goods to Russia, with the goal of targeting third-party sellers in China, sources familiar with the plans said late on Tuesday.

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Singapore Airlines offers compensation to turbulence victims

Published on 11/06/2024

» SINGAPORE - Singapore Airlines has sent offers of compensation to passengers on board a flight last month that encountered severe turbulence that led to dozens of injuries and one death, the carrier said on Tuesday.

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Malaysia evicts 500 ‘sea nomads’

Reuters, Published on 06/06/2024

» KUALA LUMPUR - More than 500 people from seafaring communities along the coast of Sabah state have been evicted from their homes this week as part of a Malaysian government crackdown on undocumented migrants, local activists said.

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Vietnam tycoon on death row illegally moved money overseas

Reuters, Published on 06/06/2024

» HANOI - Vietnam real estate tycoon Truong My Lan, sentenced to death in the country's largest-ever financial fraud case, had illegally transferred money abroad, according to police, with state media on Thursday reporting US$4.5 billion had been moved.

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Singapore wealth flows face renewed scrutiny in superhacker case

Bloomberg News, Published on 31/05/2024

» SINGAPORE- Before he was arrested this month for allegedly running what is likely the world's largest cybercrime computer network, Wang Yunhe enjoyed a lavish lifestyle in Singapore.

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Key suspect in global malware ring caught

Published on 30/05/2024

» SINGAPORE - A Chinese national has been arrested in an international operation on charges of creating and using malware that was used in cyberattacks, large-scale fraud and child exploitation, according to US authorities.

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China hands death sentence to ex-banker for taking bribes

South China Morning Post, Published on 29/05/2024

» BEIJING - A court in eastern China delivered a rare death sentence on Tuesday, after finding that a former senior banker accepted bribes worth more than 1.1 billion yuan (US$151 million) in his role with one of the country's top four state asset managers.

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Eyes and ears everywhere in China

Published on 25/05/2024

» BEIJING - The wall in the police station was covered in sheets of paper, one for every building in the sprawling Beijing apartment complex. Each sheet was further broken down by unit, with names, phone numbers and other information on the residents.

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Indian PM says party heading for ‘historic mandate’

Published on 23/05/2024

» Indian Prime Minister Narendra Modi said his Bharatiya Janata Party (BJP) has already won a majority of the seats contested in the parliamentary elections due to end next week, putting him in a position to return to office for a third term.

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Taiwan’s new president calls on China to end threat of war

Published on 20/05/2024

» New Taiwan President Lai Ching-te urged China to stop its campaign of pressure of the democratic island, comments aimed at calming a dispute at the heart of a geopolitical rivalry involving the world’s two biggest powers.