US Federal Reserve bars 2 ex-Goldman executives tied to 1MDB scandal

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US Fed sanctions former Goldman Sachs bankers over 1MDB money-laundering scandalThe U.S. Federal Reserve said on Tuesday it has sanctioned former Goldman Sachs bankers for their role in a money-laundering scandal involving ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

China's Huawei sues US over federal ban on using its productsHONG KONG: Chinese telecoms equipment maker Huawei Technologies on Thursday (Mar 7) confirmed it is suing the US government over a section of a ... Huawei has guts. Look forward to the US evidence against Huawei. Other foreign governments have asked for it but got none. Perhaps, Venezuela can also sue US for gross interference in her affairs. That is, if she has the money.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Huawei slaps US government with lawsuit in bid to overturn federal ban on its gearChinese telecommunications equipment manufacturer Huawei Technologies has filed a lawsuit against the US government in a bid to overturn the US federal ban on its gear, the company said on Thursday in Shenzhen. The lawsuit was filed in the US District Court in Plano, Texas, where Huawei’s US headquarters
Source: YahooSG - 🏆 3. / 71 Read more »

US charges daughter of ex-Uzbekistan leader in near-US$1 billion schemeNEW YORK: The daughter of former Uzbekistan president Islam Karimov was charged Thursday (Mar 7) in New York in connection with a decade-long ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Russia's MTS to pay US$850 million in US graft case as Islam Karimov's daughter chargedNEW YORK: US prosecutors Thursday (Mar 8) reached an US$850 million settlement with Russia's leading telecoms firm over huge bribes paid to the ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Kind soul finally claims biggest US lottery jackpot of US$1.54 billionUS – Last Oct 23, a kind person at a rural crossroads convenience store let a fellow patron step ahead in the queue of folks buying lottery tickets.
Source: IndependentSG - 🏆 2. / 72 Read more »

Powell: Fed not in 'any hurry' to change rates amid global risksFederal Reserve chairman Jerome Powell said the U.S. central bank does 'not feel any hurry' to change the level of interest rates again as it ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Fed's Powell says no immediate policy responses needed to economyThe Federal Reserve does not see problems in the U.S. economy that warrant an immediate change in its policy, and it will be careful not to shock ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

US House to hold hearing on Sprint, T-mobile proposed mergerU.S. House lawmakers plan to hold a March 12 hearing to review a proposed US$26 billion merger of T-Mobile US Inc and Sprint Corp with the ...
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Federal Reserve's Powell says no immediate policy responses needed to economy[PALO ALTO] The Federal Reserve does not see problems in the US economy that warrant an immediate change in its policy, and it will be careful not to shock financial markets as it stabilises its bond portfolio, Fed chair Jerome Powell said on Friday. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »