Italian police on Monday arrested 68 people in a major operation targeting mafia suspects, who allegedly infiltrated one of Europe's largest migrant centers, authorities here said.
President Donald Trump’s promise to use existing funds to begin immediate construction of a wall on the U.S.-Mexico border has hit a financial roadblock, according to a document seen by Reuters.
By allowing local pension funds more latitude on investment, China has made a cautious but significant step to tackle the increasing challenges of an aging population.
Indonesia is now gearing up to welcome the repatriation of funds from its taxpayers deposited in foreign countries through the implementation of tax amnesty program with many of its agencies now prepare additional services to welcome the funds and possible investments at home to accommodate the funds.
MSCI Inc. isn’t usually a name that springs to mind when one thinks of the most powerful players in the global equity market.
The number of British property funds suspended after the country’s vote to leave the EU more than doubled on Wednesday, leaving over £18 billion ($23 billion) frozen in the biggest seizing up of investment funds since the 2008 financial crisis.
The Tokyo assembly accepted the resignation of Tokyo Governor Yoichi Masuzoe on Wednesday evening following his involvement in a fund scandal, with his departure coming into effect next Tuesday.
The resignation Wednesday of Tokyo Gov. Yoichi Masuzoe for his misappropriation of political funds has once again brought to the fore the inherent "wheeler-dealer" type of dealings that have plagued Japanese politics for decades.
Tokyo Governor Yoichi Masuzoe on Wednesday submitted a letter of resignation to the president of the Tokyo assembly and will step down from his post for his involvement in a funds scandal, the subsequent probe into which Masuzoe was unable to sufficiently account for with the assembly set to pass a no-confidence motion against him later in the day.
Tokyo Governor Yoichi Masuzoe apologized to the public Monday following the results of a probe into allegations he misused public money in violation of the political funds law, but stated that he himself had not intentionally done anything illegal although the funds may have been "misused."
As much as 300 billion yuan ($45.5 billion) in pension funds are expected to march into the stock market in August, as China's huge social security fund is closing up its hiring by June, Securities Daily reported on Wednesday.
Cyber thieves who stole $12 million from an Ecuadorian bank in 2015 routed the funds through 23 companies registered in Hong Kong, some of them with no clear business activity, according to previously unreported court filings and judicial rulings.
Russian President Vladimir Putin and his Turkish counterpart Recep Tayyip Erdogan will meet in Sochi on Monday in a bid to reestablish the Black Sea grain deal that Rus
Ukrainian President Volodymyr Zelenskyy on Wednesday met with visiting U.S. Secretary of State Antony Blinken in Kyiv as the senior U.S. official made a surprise visit
The profit decline posted by China's major industrial firms narrowed in the January-July period, according to National Bureau of Statistics (NBS) data published on Sund
Every weekend, Asia Pacific Daily will provide you with a run-down of the latest hot news.This week, the following hot news you should know:Top 1 | Brice Nguema named t
Japan will start releasing more than 1 million tonnes of treated radioactive water into the ocean from the wrecked Fukushima nuclear power plant on August 24, said Prim
A Pakistani high court on Tuesday suspended former Prime Minister Imran Khan's prison sentence for a graft conviction, his party said, though he still faces a slew of o
U.S. Commerce Secretary Gina Raimondo met with at least three senior Chinese officials including Premier Li Qiang, Minister of Commerce Wang Wentao, and Minister of Cul
Author: Prof. Engr. Zamir Ahmed Awan, Founding Chair GSRRA, Sinologist (ex-Diplomat), Editor, Analyst, and Non-Resident Fellow of CCG (Center for China and Globalizatio
When people think of trade, typically their focus tends to be on goods, something produced in one country, and shipped to another. The world has of course seen such tra
China has unveiled a slew of measures to strengthen the cultivation and management of young sci-tech talents to facilitate the country's drive to achieve greater self-r
Japan said that it would start releasing more than 1 million metric tonnes of treated radioactive water from the wrecked Fukushima nuclear power plant on August 24, put
The entities behind 13 U.S. presidential libraries, going back as far as then U.S. President Herbert Hoover, released a joint statement on September 7, calling for a re
The 43rd Association of Southeast Asian Nations (ASEAN) Summit and related summits kicked off on September 5 in Indonesia, with a focus on establishing the region as an
Indonesia is hosting the 43rd Association of Southeast Asian Nations (ASEAN) Summit and several other high-profile meetings associated with the Summit in Jakarta from S
The Japan Aerospace Exploration Agency (JAXA) suspended a planned launch on Monday of an H-IIA rocket that was to carry a moon lander into space, according to launch op
A group of people in China's Taiwan region gathered on Wednesday to protest against the Democratic Progressive Party (DPP) authorities' collusion with the Japanese poli
Niger's police has been instructed to proceed with the expulsion of French Ambassador to Niger Sylvain Itte, after the expiration of the 48-hour ultimatum granted to hi
New cabinet members under Thai Prime Minister Srettha Thavisin were sworn in at the Royal Palace on Tuesday.Earlier, Thailand's King Maha Vajiralongkorn has endorsed th
Every weekend, Asia Pacific Daily will provide you with a run-down of the latest hot news.This week, the following hot news you should know:Top 1 | 2023 China services