Asia Pacific Topics

May 16, 2016

Chinese tycoon admits $800m fraud in TV confession

The alleged mastermind of a scam that cost Chinese investors hundreds of millions of dollars lived in a penthouse flat featuring peacocks and fountains, reports said Monday after he was paraded on television confessing. Xu Qin, described as the “controller” of Zhongjin Asset Management ...

May 16, 2016

Vietnamese bank thwarts SWIFT message fraud

Vietnam’s Tien Phong Bank (TPBank) said Sunday it had thwarting a wire fraud attempt late last year. It said a third-party service it used to connect with the SWIFT global money transfers system may have been attacked by hackers. In an emailed statement, TPBank ...

May 3, 2016

India law student raped, mutilated in echo of Delhi attack

India police are hunting a man who sexually mutilated and murdered a student, an officer said Tuesday, an attack which echoes the 2012 fatal gang-rape of a Delhi student that sparked mass protests. The 30-year-old university law student from a low social caste was ...

IS claims responsibility for killing Bangladesh Hindu man

May 1, 2016

IS claims responsibility for killing Bangladesh Hindu man

A Hindu man was hacked to death in central Bangladesh in the latest attack claimed by radical Islamists in the Muslim-majority nation, police said. Authorities are investigating whether the killing on Saturday of Nikhil Joarder was connected to a 2012 complaint against him for ...

North Korea sentences American to 10 years' hard labor

Apr 29, 2016

North Korea sentences American to 10 years' hard labor

North Korea on Friday sentenced a U.S. citizen of Korean heritage to 10 years in prison after convicting him of espionage and subversion, the second American it has put behind bars this year. Kim Dong Chul had been detained in the North on suspicion ...

Apr 22, 2016

Taiwan wire fraud suspects have confessed, Chinese police say

A Chinese police official says all 45 Taiwanese wire fraud suspects detained in Beijing after their deportation from Kenya have confessed to their crimes and will be put on trial. The official Xinhua News Agency on Friday quoted Chen Shiqu of the Public Security ...

Apr 20, 2016

China suspends G-20 anti-corruption task force, members say

China suspended an international anti-corruption task force after taking over the presidency of the Group of 20 earlier this year, according to six individuals in the group, who called it a setback to efforts to crack down on shell companies used to conceal assets. ...