millionaire australia developer jailed for ordering killing

Millionaire Australia developer jailed for ordering killing

A millionaire property developer could die in jail after he was sentenced on Thursday (Jun 21) to 39 years behind bars for ordering the killing of a former business associate in a wealthy Sydney suburb.
australias commonwealth bank agrees to us 530m fine over money laundering breaches

Australia's Commonwealth Bank agrees to US$530m fine over money-laundering breaches

SYDNEY: The Commonwealth Bank on Monday (Jun 4) agreed to the largest civil penalty in Australian corporate history to settle claims it breached anti-money laundering and counter-terrorism financing laws.
india to challenge star weightlifters doping suspension

India to challenge star weightlifter's doping suspension

India's weightlifting boss vowed Friday (Jun 1) to fight a doping suspension for Commonwealth Games double gold medallist Sanjita Chanu, who is facing a four-year ban.
almost 200 games athletes officials seek australia asylum

Almost 200 Games athletes, officials seek Australia asylum

Nearly 200 people who travelled to the Gold Coast for last month's Commonwealth Games have applied for asylum in Australia, an official said Monday (May 21).
australias biggest bank loses 20 million customer records

Australia's biggest bank loses 20 million customer records

Australia's troubled Commonwealth Bank admitted Thursday it has lost financial records for almost 20 million customers in a major security blunder - but insisted there was no need to worry.
police probe korean air chairmans wife over abuse

Police probe Korean Air chairman's wife over abuse

Seoul police on Monday (Apr 23) launched a probe into whether the wife of Korean Air's chairman illegally abused employees - the latest accusation against a powerful, wealthy family with members known for their tantrums.
vingroup receives 13 billion from gic for property development

Vingroup receives $1.3-billion from GIC for property development

Singapore sovereign wealth fund GIC will invest about $1.3 billion in leading Vietnamese property developer Vingroup and related entities for its real estate arm ahead of its market debut, which is slated for the second quarter of this year. 
hanwha life vietnam teams up with movin to start telemarketing

Hanwha Life Vietnam teams up with Movin to start telemarketing

On April 3, Hanwha Life Vietnam Co., Ltd. announced a strategic alliance with Movin Co., Ltd. to market life insurance products through telemarketing channels.
australias biggest bank to enter mediation over laundering claims

Australia's biggest bank to enter mediation over laundering claims

Australia's Commonwealth Bank plans to enter mediation with the country's financial intelligence agency over a major anti-money laundering civil case that could be hugely costly for the lender.
a wealth of exciting events at chinaplas 2018

A wealth of exciting events at Chinaplas 2018

The development of plastic and rubber technologies has been steamrolling ahead in current years. Chinaplas, as a leading trade fair, offers a global technology-oriented platform for these sectors.
accorhotels sells majority of property unit for us 54b

AccorHotels sells majority of property unit for US$5.4b

PARIS: AccorHotels announced on Tuesday (Feb 27) the sale of a 55 per cent stake in the subsidiary that owns its hotels to a group of international investors including the sovereign wealth funds of Saudi Arabia and Singapore for €4.4 billion (US$5.4 billion).
ho chi minh citys gold shops crowded on the god of wealth day

Ho Chi Minh City's gold shops crowded on the God of Wealth Day

On the occasion of the God of Wealth Day today, superstitious shoppers flood gold shops in Ho Chi Minh City to buy gold.
gold rush on the god of wealth day

Gold rush on the God of Wealth Day

Gold has ever been so popular on the God of Wealth Day as buying a piece of gold on the day is believed to bring luck to buyers. Long queues have thus been spotted on jewelry streets like Tran Nhan Tong in Hanoi, since the early morning of the very day.
golds turn to shine this year

Gold’s turn to shine this year

Buying gold on the day of the God of Wealth for good luck might well be just a belief, yet gold might not be too bad an investment for now and long-term investors should watch out for various factors that could affect the price.
gold sellers prepare for caishen day annual rush

Gold sellers prepare for Caishen Day annual rush

On the tenth day of the first month of every lunar year, aka Caishen Day attributed to the sacred God of Wealth, domestic gold buyers stream to gold stores due to the common belief that great fortune would be bestowed upon whoever purchases gold on that day.