China sentences state-owned firm chief to death for graft
Zhang Xinhua, former general manager of the Baiyun Industrial and Agricultural Corporation, has been sentenced to death. (11 December 2014) China has sentenced the head of a state-owned company to death for corruption involving nearly 400 million yuan ($64.8 million), state media reported, in a rare instance of an official...
Former Chinese economic planner jailed for graft
In this April 29, 2009 file photo, Liu Tienan, then the vice chairman of the National Development and Reform Commission, speaks during a press conference in Shanghai, China. The former deputy head of the agency that steers China's state-dominated economy was sentenced Wednesday, Dec. 10, 2014 to life in prison for taking...
Ringgit testing RM3.50 against US dollar next week
(13 Dec) - Global crude oil benchmark prices may continue the downward slide next week and this should put some stress on the ringgit to test the RM3.50 level next week, a currency trader said. "Local year-end dollar demand and upbeat US economic data will add more strength to the US dollar, while nervousness over falling crude...
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