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Business 26 Dec 2013 | 8:09 AM

Russian supreme court to review oil tycoon Khodorkovsky's convictions

MOSCOW: Russia's Supreme Court on Wednesday said it will review two convictions against former oil tycoon Mikhail Khodorkovsky, including a ruling the Kremlin critic said was preventing him from returning to Russia despite a presidential pardon.

Business 22 Nov 2013 | 1:07 PM

Mobile executive jailed for life for taking bribes

BEIJING: A court in northeast China sentenced a former vice president of China Mobile Ltd's state-owned parent to life in prison for accepting bribes, state media said on Friday, the latest executive at a state-owned firm to have his fate sealed as China tries to root out corruption.

Business 20 Nov 2013 | 8:47 AM

Trader jailed 30 months for US$1bil Apple stock scheme

NEW YORK: A former trader was sentenced to 2 1/2 years in prison on Tuesday for an unauthorized purchase of about $1 billion in Apple Inc stock that eventually led to the demise of financial services firm Rochdale Securities.

Business 15 Nov 2013 | 11:45 AM

100 'Bourgeois' businessmen jailed in Venuzuela

CARACAS: Venezuelan President Nicolas Maduro said on Thursday that authorities had arrested more than 100 "bourgeois" businessmen in a crackdown on alleged price-gouging since the weekend.

Business 12 Nov 2013 | 12:56 PM

Singapore arrests man over hacker attack on Govt websites

SINGAPORE: Singapore authorities have arrested a 35-year-old man suspected of involvement in a series of high-profile hacker attacks on government websites, and ordered him to be sent for psychiatric assessment.

Business 12 Nov 2013 | 11:51 AM

China to unveil 10-year reform plan, expectations toned down

China's leaders will unveil a reform agenda for the next decade on Tuesday, seeking to balance the need to overhaul the world's second-largest economy as it loses steam with preserving stability and reinforcing the Communist Party's power.

Business 09 Nov 2013 | 9:45 PM

China opens key meeting to set economic reform agenda

BEIJING: Chinese leaders began a four-day secret meeting on Saturday to set a reform agenda for the next decade as they try to push more sustainable growth after three decades of breakneck expansion.

Business 11 Oct 2013 | 8:47 AM

Ex-Mayor o insolvent city jailed 28 years for corruption

DETROIT: A U.S. judge sentenced former Detroit Mayor Kwame Kilpatrick to 28 years in prison for corruption on Thursday, one of the longest such sentences ever handed to a major U.S. politician, in a case that further battered the reputation of a beleaguered and insolvent city.

Business 02 Oct 2013 | 6:55 AM

Report: Obama's bold trade plan faces resistance on Asia trip

KUALA LUMPUR: Malaysia's former prime minister Mahathir Mohamad and opposition leader Anwar Ibrahim haven't agreed on much, if anything, in the 15 years since the latter was ousted from Mahathir's government.

Business 24 Sep 2013 | 6:57 AM

Interpol laud capture of match-fixing mastermind

SINGAPORE: Law enforcement agency Interpol lauded the work of Singapore authorities on Monday for arresting the 'mastermind' of the world's largest soccer match-fixing syndicate thought to be worth millions of dollars