Financial Services

Bank of Japan Gov. Haruhiko Kuroda set to serve 2nd term

Feb 16, 2018

Bank of Japan Gov. Haruhiko Kuroda nominated for second five-year term as the head of the central bank

Thais arrest alleged Russian cybercrime market operator

Feb 9, 2018

Police in Thailand say they have arrested a Russian national accused by U.S. authorities of running an online cybercrime marketplace

Vietnam gives life term to oil exec after alleged abduction

Feb 5, 2018

A court in Hanoi has handed a life prison term to a former executive at Vietnam's state oil giant who Germany said was kidnapped from there by Vietnamese agents last year

Malaysia raises interest rate for first time in 4 years

Jan 25, 2018

Malaysia's central bank has raised its key interest rate for the first time in four years ahead of general elections due by August

Court in Vietnam starts 2nd embezzlement trial of executive

Jan 24, 2018

A court in Vietnam has started the trial of a former executive accused of embezzling from the state oil giant and who Germany says was kidnapped from there by Vietnamese agents last year

Japan central bank keeps lax monetary policy unchanged

Jan 23, 2018

The Bank of Japan has opted to keep intact its unprecedented monetary stimulus despite signs the economy is gaining steam

Vietnam jails former oil execs in high-profile graft case

Jan 22, 2018

A former oil executive has been sentenced to life in prison and a former high-ranking Vietnamese government official has received a lengthy prison term in a major corruption case

China says cross-border cash flows hit turning point in '17

Jan 18, 2018

Financial regulators in China say cross-border capital flows hit a turning point in 2017 as foreign currency reserve levels stabilized after two years of declines

Vietnam prosecutors seek jail terms for former oil execs

Jan 11, 2018

Vietnamese prosecutors are seeking long jail terms for former oil company executives accused of mismanagement or embezzlement, including a former senior Communist Party official and an official whom government agents allegedly kidnapped from Germany

China: Report buying of US debt might stop is 'fake news'

Jan 11, 2018

China's foreign exchange regulator has challenged a news report that it might slow or stop purchases of U.S. Treasury debt due to trade tensions with Washington as "fake news."

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