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LONDON: UBS trader Kweku Adoboli was jailed for seven years on Tuesday for the biggest fraud in British history, which cost the Swiss bank US$2.3 billion.
BEIJING: China has confirmed that rising star Sun Zhengcai has been appointed Communist Party boss for the scandal-ridden southwestern city of Chongqing, taking the old job of disgraced Bo Xilai in the country's biggest metropolis.
UNITED NATIONS: Over the past six years U.N. Secretary-General Ban Ki-moon has undergone a metamorphosis from a soft-spoken diplomat cautiously juggling conflicting demands from big powers into an outspoken defender of human rights in Syria, Iran and elsewhere.
KUALA LUMPUR: Former director of LFE Corp Bhd J.R. Alan Rajendram was found guilty on four charges of furnishing false statements to Bursa Malaysia and was sentenced to a year in jail and fined RM1.2mil.
NEW DELHI: The government faced an angry backlash from Twitter users on Thursday after ordering Internet service providers to block about 20 accounts that officials said had spread scare-mongering material that threatened national security.
HANOI: From the rural heartlands to traffic-choked cities, Vietnam Electricity Group is hard to miss. It builds apartments, runs a bank, oversees a stock brokerage, provides electrical power to millions of homes and employs 100,000 people.
SEOUL: Korea Life Insurance Co Ltd is unlikely to pursue its planned purchase of Dutch insurer ING's Southeast Asian life insurance operations, a spokesman for the Korean firm's parent Hanwha Group said on Monday.