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Business 17 Apr 2007 | 12:00 AM

Man caught with stolen bras jailed

A 43-year-old labourer, caught while fleeing with two stolen bras partially tucked inside his pants, was jailed three months by a magistrate's court on Tuesday.

Business 30 Jul 2007 | 12:00 AM

Act comes under scrutiny

THE new Building and Common Property (Maintenance and Management) Act 2007 (BCPMM Act) that was gazetted on April 12 came under intense scrutiny at a seminar on property management recently.

Business 14 Sep 2007 | 12:00 AM

New York Times says its researcher scheduled for prison release in China

NEW YORK (AP) - A New York Times researcher convicted in China of fraud is scheduled to be released from prison this weekend, a newspaper spokeswoman said.

Business 05 Jul 2008 | 12:00 AM

Brazil says Monaco has agreed to extradite fugitive banker

RIO DE JANEIRO (AP) - Brazil's justice ministry says Monaco has agreed to extradite fugitive banker Salvatore Cacciola, who is charged with masterminding one of Brazil's biggest banking scandals in 1999.

Business 20 Dec 2008 | 12:00 AM

Parmalat founder jailed

PARMALAT founder Calisto Tanzi was sentenced on Thursday to 10 years in prison over a 14 billion euro (US$22bil) fraud scandal in 2003 that caused Europe's largest corporate bankruptcy to date.

Business 13 Jan 2009 | 12:00 AM

New restrictions on Madoff, but no jail

NEW YORK (AP) - A judge on Monday allowed Bernard Madoff to remain confined to his Manhattan penthouse, rejecting a bid to jail the disgraced financier but imposing new restrictions to keep him from mailing any more valuables to family and friends.

Business 31 Jan 2009 | 12:00 AM

The Economist withheld for 2nd week in Thailand

BANGKOK, Thailand (AP): The latest issue of The Economist will be withheld from distribution in Thailand for the third time in two months because of its coverage of the country's monarchy, the magazine said.

Business 13 Mar 2009 | 12:00 AM

Madoff pleads guilty, faces 115 years in jail for US$64.8b fraud

Careful to blame only himself, a deeply sorry and ashamed Bernard Madoff pleaded guilty Thursday to pulling off what could be the biggest, most spectacular swindle Wall Street has even seen, and was sent off to jail in handcuffs to the applause of his furious victims.

Business 14 Mar 2009 | 12:00 AM

Madoffs were worth more than US$823M, documents show

NEW YORK (AP) - Bernard Madoff and his wife had $823 million in assets at the end of last year, including $22 million in properties stretching

Business 14 Mar 2009 | 12:00 AM

After plea, Madoff investigation grinds on

NEW YORK (AP) - The day after Bernard Madoff was thrown behind bars, investigators returned Friday to the arduous task of piecing together one of the largest frauds in history - and trying to determine if anyone else was involved.