Showing 1 - 10 of 251
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.
Vietnam president resigns after a year on the job
Reuters, Published on 20/03/2024
» HANOI - The Vietnamese Communist Party on Wednesday accepted the resignation of President Vo Van Thuong, the government said in a statement citing "shortcomings", in a sign of political turmoil that could hurt foreign investors' confidence in the country.
China finance giant’s missed payments alarm regulators, markets
Bloomberg News, Published on 14/08/2023
» NEW YORK - One of China’s largest private wealth managers has triggered fresh anxiety about the health of the country’s shadow banking industry after missing payments on multiple high-yield investment products.
Here's to a good life on the cheap
Sunday Spotlight, Published on 02/04/2023
» Ben Mitas sipped Vinho Verde from a stemmed wineglass while he watched his daughter play on a swing one afternoon in January. He had bought the wine from a quiosque, the ubiquitous park kiosks, a luxury of living in Lisbon.
South Korea to seek extradition of crypto fugitive Do Kwon
Published on 24/03/2023
» South Korea will seek the extradition of fugitive crypto entrepreneur Do Kwon, prosecutors told AFP Friday, after the Terraform founder was arrested in Montenegro and hit with US fraud charges.
Montenegro says it has arrested Korean Crypto fugitive Do Kwon
AFP, Published on 24/03/2023
» PODGORICA (MONTENEGRO) - Fugitive South Korean cryptocurrency entrepreneur Do Kwon, accused of orchestrating a multi-billion-dollar fraud that shook global crypto markets last year, has been arrested in Montenegro along with another South Korean national, the interior minister said Thursday.
Montenegro says it has arrested Korean Crypto fugitive Do Kwon
AFP, Published on 24/03/2023
» PODGORICA (MONTENEGRO) - A man suspected of being fugitive South Korean cryptocurrency entrepreneur Do Kwon, accused of orchestrating a multi-billion-dollar fraud that shook global crypto markets last year, has been arrested in Montenegro, the interior minister said Thursday.
Ex-crypto boss Bankman-Fried pleads not guilty to fraud
AFP, Published on 04/01/2023
» NEW YORK - FTX co-founder Sam Bankman-Fried pleaded not guilty Tuesday to US criminal fraud charges over the spectacular collapse of his crypto exchange.
UK's Johnson blasted for 'Partygate' culture
AFP, Published on 25/05/2022
» LONDON: UK Prime Minister Boris Johnson presided over a culture of lockdown-breaking parties that featured drunken fighting among staff, according to a long-awaited inquiry Wednesday that prompted renewed calls for his resignation.
Bored Ape NFT barred from sale by Singapore court
Bloomberg News, Published on 20/05/2022
» SINGAPORE: A court in Singapore has issued a freezing injunction preventing the sale of a Bored Ape nonfungible token (NFT), in one of the first cases of its kind that could have broad ramifications for digital assets