Singapore jails Chinese national 15 months for role in US$2.2 billion money laundering case
A 45-year-old man linked to Singapore’s largest money laundering case was sentenced to 15 months’ jail on Tuesday.
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A 45-year-old man linked to Singapore’s largest money laundering case was sentenced to 15 months’ jail on Tuesday.
HONG KONG -- HSBC Holdings CEO Noel Quinn is set to retire, the bank announced Tuesday, as it revealed its first-quarter earnings and offered an update on the long-awaited sale of its Russia operations.
JAKARTA, Indonesia (AP) — Microsoft will invest $1.7 billion over the next four years in new cloud and artificial intelligence infrastructure in Indonesia — the single largest investment in Microsoft’s 29-year history in the country — Microsoft CEO Satya Nadella said Tuesday.
India’s ruling Bharatiya Janata Party (BJP) has banked on the immense popularity of Prime Minister Narendra Modi to ensure it wins a majority in parliament in this year’s general election, but analysts say a drop in voter turnout could make the party “jittery” about achieving that goal.
Optimism in India's growth shows little signs of slowing, but policy continuity will be crucial if it wants to see strong growth in the next five years, Rob Subbaraman, Nomura's chief economist and head of global markets research Asia ex-Japan, said.
Some of those suspects had links to the city state’s around 1,400 single family offices – private wealth-management entities established to oversee and manage the financial affairs of a single affluent family or individual.
Traffic experts have warned of the risks of fatal accidents as the number of scooter users increases, and public awareness regarding the traffic rules associated with this relatively new form of transport seems to be low.
A tornado that swept through the southern Chinese economic hub of Guangzhou killed five people and damaged scores of factory buildings on Saturday.