Disappeared Chinese-Canadian tycoon jailed for 13 years
A Chinese-Canadian tycoon who disappeared from a Hong Kong hotel five years ago has been sentenced to 13 years in prison and his company fined $8 billion for embezzlement and bribery, a Shanghai court said Friday.
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Asian, European markets mixed as investors assess Fed outlook
Markets drifted on Friday as investors tried to assess the Federal Reserve's plans for lifting interest rates to fight inflation, with mixed data and differing opinions by bank officials providing little clarity.
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Missing Chinese-Canadian tycoon jailed for 13 years
A Chinese-Canadian tycoon who disappeared from a Hong Kong hotel five years ago has been sentenced to 13 years in prison and his company fined $8 billion for embezzlement and bribery, a Shanghai court said Friday.
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Vanuatu parliament dissolved as power struggle heads to court
A controversial decision to dissolve Vanuatu's parliament looked set to be challenged in court, as opponents accused the country's embattled prime minister of illegally dodging a Friday vote of no confidence.
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Fuel price hikes, scarce rice add to hardship in Myanmar
Dozens of people queue under monsoon drizzle for subsidised cooking oil in Myanmar's commercial hub Yangon, waiting for one of the many commodities that have become scarce as economic misery strikes the city.
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Asian, European markets drop as investors assess Fed outlook
Most stocks swung lower on Friday as investors fret over the Federal Reserve's plans for lifting interest rates to fight inflation, with mixed data and differing opinions by bank officials providing little clarity.
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Malaysia prosecutors urge court to uphold ex-leader Najib's jail sentence
Prosecutors on Friday urged Malaysia's highest court to uphold former prime minister Najib Razak's 12-year jail sentence for corruption, saying his "dishonesty has been established".
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Shanghai court jails Chinese-Canadian tycoon Xiao Jianhua for 13 years
A Shanghai court said Friday it has sentenced Chinese-Canadian tycoon Xiao Jianhua to 13 years in prison for financial crimes.
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Chinese city dims lights in heatwave power crunch
A provincial capital in southwest China has dimmed outdoor advertisements, subway lighting and building signs to save energy, official announcements said, as the area battles a power crunch triggered by record-high temperatures.
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Indian women footballers face uncertain future after FIFA ban
India's women footballers are in despair and uncertain about the future after a FIFA ban saw the country stripped of a major international tournament and left its best team in limbo.
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