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Crypto Market Eyes Interest Rates, Expected Bitcoin ETFs in 2024 After Recovery
After ending 2023 on a high, crypto investors will be watching central bank interest rates and a US regulatory decision on new bitcoin products as they decide how to place their bets next year. Cryptocurrencies staged a recovery this year after a torrid 2022 in which a market meltdown and a string of scandals, including the collapse of FTX and frau...
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Ex-Malaysia Prime Minister Could Face More Charges In Corruption Case
Malaysia's jailed former prime minister Najib Razak returned to court Thursday to face more charges linked to a multi-billion-dollar financial scandal at state fund 1MDB, two days after he began serving a 12-year prison term.
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Focused On Global Challenges, Says IMF Head Georgieva After Receiving Board's Backing
The IMF executive board cleared Ms Georgieva, the fund's managing director, of wrongdoing in a World Bank data-rigging scandal that occurred while she was serving as chief executive
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US Returns $452 Million In 1MDB Funds To Malaysia
The United States has returned $452 million to Malaysia related to the scandal-hit sovereign wealth fund 1MDB, authorities said Wednesday, as the Southeast Asian nation steps up efforts to recover looted cash.
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Japan Ex-PM Shinzo Abe Apologises, Corrects Parliament Statements On Funding Scandal
Former Japanese Prime Minister Shinzo Abe on Friday corrected statements he had made in parliament, apologising for what he said were mistakes regarding a political funding scandal that has also cast a pall over the current premier.
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Former Norton CEO Ordered To Pay Back Millions
Norton Motorcycles had since gone into administration and was acquired by India's TVS Motor Company in April 2020.
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BJP Blocks Parliament Panel Review Of PM CARES Fund, Coronavirus Response
The Public Accounts Committee or PAC, one of the most important parliamentary panels which scrutinises key reports by the auditor general and has taken up issues like the 2G spectrum scandal in the past, failed to arrive at a consensus on Friday on examining the government's response to the COVID-19 pandemic or the new PM CARES fund set up to tackl...
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Talks Stall Over Thousands Of Job Cuts At Volkswagen Group's Audi: Report
Volkswagen's premium unit Audi wants to cut thousands of jobs to fund a costly transition to electric vehicles, but talks with powerful labour representatives have hit a logjam, two sources familiar with the matter told Reuters.
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Ex-Goldman Malaysian Banker Charged In Court Over 1MDB Scandal
A Malaysian former Goldman Sachs banker was formally charged in court today over the multi-billion-dollar scam surrounding sovereign wealth fund 1MDB.
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Malaysia Files Criminal Charges Against Goldman Over 1MDB Scandal
Malaysia on Monday filed criminal charges against Wall Street titan Goldman Sachs and two of its former employees over the scandal surrounding state fund 1MDB, authorities said.
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Opinion: India's Mutual Fund Carnage Shows Peril Of Ignoring Liquidity
Individual investors started returning to collective investment vehicles after the 2014 general elections, hoping for a reset to an economy held back by corruption scandals and policy paralysis. They doubled down after Prime Minister Narendra Modi's shock November 2016 currency ban pulled 86 percent of people's cash into bank accounts.
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Shiv Sena's Sanjay Raut Backs "Rafale Father Of Bofors" Remark
Shiv Sena leader Sanjay Raut on Monday backed up his "Rafale is the father of Bofors scandal" remark he had made earlier by contrasting the size of funds allegedly involved in the two contentious Defence deals.
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Former Malaysian PM Najib Razak To Face 21 Money Laundering Charges
A total of 21 money laundering charges will be laid against former Malaysian prime minister Najib Razak over a $681 million transfer into his bank account, police said on Thursday, money that allegedly came from scandal-linked state fund 1MDB.
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Ex-South Korean President Sentenced To 8 More Years In Prison
Disgraced former South Korean president Park Geun-hye was convicted of charges including illegally receiving funds from the country's spy agency today and given eight more years in prison, on top of her current term.
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Malaysia 1MDB Probe: 408 Bank Accounts Frozen, Ex-PM's Stepson Summoned
Malaysia has frozen more than 400 bank accounts as part of a probe into a multi-billion-dollar scandal at state fund 1MDB, a task force said on Monday, as the stepson of former prime minister Najib Razak was summoned for questioning.
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Crypto Market Eyes Interest Rates, Expected Bitcoin ETFs in 2024 After Recovery
After ending 2023 on a high, crypto investors will be watching central bank interest rates and a US regulatory decision on new bitcoin products as they decide how to place their bets next year. Cryptocurrencies staged a recovery this year after a torrid 2022 in which a market meltdown and a string of scandals, including the collapse of FTX and frau...
-
Ex-Malaysia Prime Minister Could Face More Charges In Corruption Case
Malaysia's jailed former prime minister Najib Razak returned to court Thursday to face more charges linked to a multi-billion-dollar financial scandal at state fund 1MDB, two days after he began serving a 12-year prison term.
-
Focused On Global Challenges, Says IMF Head Georgieva After Receiving Board's Backing
The IMF executive board cleared Ms Georgieva, the fund's managing director, of wrongdoing in a World Bank data-rigging scandal that occurred while she was serving as chief executive
-
US Returns $452 Million In 1MDB Funds To Malaysia
The United States has returned $452 million to Malaysia related to the scandal-hit sovereign wealth fund 1MDB, authorities said Wednesday, as the Southeast Asian nation steps up efforts to recover looted cash.
-
Japan Ex-PM Shinzo Abe Apologises, Corrects Parliament Statements On Funding Scandal
Former Japanese Prime Minister Shinzo Abe on Friday corrected statements he had made in parliament, apologising for what he said were mistakes regarding a political funding scandal that has also cast a pall over the current premier.
-
Former Norton CEO Ordered To Pay Back Millions
Norton Motorcycles had since gone into administration and was acquired by India's TVS Motor Company in April 2020.
-
BJP Blocks Parliament Panel Review Of PM CARES Fund, Coronavirus Response
The Public Accounts Committee or PAC, one of the most important parliamentary panels which scrutinises key reports by the auditor general and has taken up issues like the 2G spectrum scandal in the past, failed to arrive at a consensus on Friday on examining the government's response to the COVID-19 pandemic or the new PM CARES fund set up to tackl...
-
Talks Stall Over Thousands Of Job Cuts At Volkswagen Group's Audi: Report
Volkswagen's premium unit Audi wants to cut thousands of jobs to fund a costly transition to electric vehicles, but talks with powerful labour representatives have hit a logjam, two sources familiar with the matter told Reuters.
-
Ex-Goldman Malaysian Banker Charged In Court Over 1MDB Scandal
A Malaysian former Goldman Sachs banker was formally charged in court today over the multi-billion-dollar scam surrounding sovereign wealth fund 1MDB.
-
Malaysia Files Criminal Charges Against Goldman Over 1MDB Scandal
Malaysia on Monday filed criminal charges against Wall Street titan Goldman Sachs and two of its former employees over the scandal surrounding state fund 1MDB, authorities said.
-
Opinion: India's Mutual Fund Carnage Shows Peril Of Ignoring Liquidity
Individual investors started returning to collective investment vehicles after the 2014 general elections, hoping for a reset to an economy held back by corruption scandals and policy paralysis. They doubled down after Prime Minister Narendra Modi's shock November 2016 currency ban pulled 86 percent of people's cash into bank accounts.
-
Shiv Sena's Sanjay Raut Backs "Rafale Father Of Bofors" Remark
Shiv Sena leader Sanjay Raut on Monday backed up his "Rafale is the father of Bofors scandal" remark he had made earlier by contrasting the size of funds allegedly involved in the two contentious Defence deals.
-
Former Malaysian PM Najib Razak To Face 21 Money Laundering Charges
A total of 21 money laundering charges will be laid against former Malaysian prime minister Najib Razak over a $681 million transfer into his bank account, police said on Thursday, money that allegedly came from scandal-linked state fund 1MDB.
-
Ex-South Korean President Sentenced To 8 More Years In Prison
Disgraced former South Korean president Park Geun-hye was convicted of charges including illegally receiving funds from the country's spy agency today and given eight more years in prison, on top of her current term.
-
Malaysia 1MDB Probe: 408 Bank Accounts Frozen, Ex-PM's Stepson Summoned
Malaysia has frozen more than 400 bank accounts as part of a probe into a multi-billion-dollar scandal at state fund 1MDB, a task force said on Monday, as the stepson of former prime minister Najib Razak was summoned for questioning.
