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BEIJING: A Chinese government housing vice-minister has lodged a $10 million defamation lawsuit against controversial billionaire Guo Wengui in New York over claims made by the exiled tycoon that she had engaged in graft and provided sexual favours.
KUALA LUMPUR: JF Apex Research expects UEM Edgenta, SMTrack, Petronas Gas and Guan Chong to be among the stocks which could attract trading action on Monday.
KUALA LUMPUR: The embattled chief executive of Harvest Court Industries Bhd, Datuk Raymond Chan, made public a taped conversation that he claims proved that parties out to oust him controlled more than 33% of the company and were avoiding a mandatory general takeover (MGO).
MANILA: Philippine property firm Robinsons Land Corp and Japan’s Universal Entertainment Corp said they ended talks over a planned joint development of a US$2bil casino-resort complex in Manila without a deal.
TOKYO/MANILA: Philippine property firm Robinsons Land Corp and Japan's Universal Entertainment Corp <6425.OS> have ended talks over a planned joint development of a $2 billion casino-resort complex in Manila without concluding a deal, said two people with direct knowledge of the matter.
TOKYO: The FBI and Philippine investigators probing potential bribery related to Universal Entertainment Corp’s bid to build a casino in Manila have zeroed in on a US$25mil payment the Japanese company now says should never have been made.