Australia’s AMP channeled pension funds to subsidiaries: inquiry

Australia’s AMP channeled pension funds to subsidiaries: inquiry

FILE PHOTO: Workers walk on the streets of Sydney, Australia, September 4, 2017. REUTERS/Steven SaphoreFile Photo August 16, 2018 By Paulina Duran SYDNEY (Reuters) – Australia’s No.1 retirement and wealth management company AMP Ltd paid hundreds of millions of dollars from customers’ retirement accounts to its subsidiaries in possible contravention of trust laws, an inquiry heard on Thursday. The allegation is the latest blow to the once-venerable firm which could face criminal charges over misconduct…

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South Korea to spend more to counter ‘worst job market since the financial crisis’

South Korea to spend more to counter ‘worst job market since the financial crisis’

FILE PHOTO – South Korean Finance Minister Kim Dong-yeon waits for U.S. Treasury Secretary Steve Mnuchin before their meeting during the IMF/World Bank annual meetings in Washington, U.S., October 14, 2017. REUTERS/Yuri Gripas August 16, 2018 SEOUL (Reuters) – South Korea’s finance minister said on Thursday the government will raise its spending by more than planned until 2022 to counter a feeble weak labor job market and economic polarization as inequality in South Korea rises….

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U.S. hits Chinese and Russian firms over breach of North Korea sanctions

U.S. hits Chinese and Russian firms over breach of North Korea sanctions

FILE PHOTO: The North Korea flag flutters next to concertina wire at the North Korean embassy in Kuala Lumpur, Malaysia March 9, 2017. REUTERS/Edgar Su/File photo August 16, 2018 WASHINGTON (Reuters) – The United States on imposed sanctions on a Russian port service agency and Chinese firms on Wednesday for aiding North Korean ships and selling alcohol and tobacco to Pyongyang in breach of U.S. sanctions aimed at pressuring North Korea to end its nuclear…

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Facebook says it was ‘too slow’ to fight hate speech in Myanmar

Facebook says it was ‘too slow’ to fight hate speech in Myanmar

FILE PHOTO: People are silhouetted as they pose with mobile devices in front of a screen projected with a Facebook logo, in this picture illustration taken in Zenica October 29, 2014. REUTERS/Dado Ruvic/File Photo August 16, 2018 By Poppy McPherson YANGON (Reuters) – Facebook has been “too slow” to address hate speech in Myanmar and is acting to remedy the problem, the company said in a statement on Thursday. The acknowledgement came a day after…

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Japan export growth slows as U.S.-bound shipments fall

Japan export growth slows as U.S.-bound shipments fall

A worker walks between shipping containers at a port in Tokyo, Japan, March 22, 2017. REUTERS/Issei Kato/File Photo August 16, 2018 By Tetsushi Kajimoto TOKYO (Reuters) – Japan’s export growth slowed more than expected in July as shipments to the United States fell for a second straight month, with the automotive sector down sharply as global trade disputes cast doubts over the strength of foreign demand. Ministry of Finance (MOF) data out on Thursday showed…

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Malaysian court to rule on women accused of killing brother of North Korean leader

Malaysian court to rule on women accused of killing brother of North Korean leader

FILE PHOTO – Indonesian Siti Aisyah and Vietnamese Doan Thi Huong, who are on trial for the killing of Kim Jong Nam, the estranged half-brother of North Korea’s leader, are escorted as they revisit the Kuala Lumpur International Airport 2 in Sepang, Malaysia October 24, 2017. REUTERS/Lai Seng Sin August 16, 2018 KUALA LUMPUR (Reuters) – A Malaysian court will decide on Thursday whether to continue hearing a case against two women charged with the…

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NFL notebook: Jags CB Ramsey blasts NFL QBs

NFL notebook: Jags CB Ramsey blasts NFL QBs

NFL Football – Jacksonville Jaguars vs Baltimore Ravens – NFL International Series – Wembley Stadium, London, Britain – September 24, 2017 Jalen Ramsey of Jacksonville Jaguars celebrates Action Images via Reuters/Andrew Boyers August 16, 2018 Jacksonville Jaguars cornerback Jalen Ramsey gave critical and blunt assessments of several NFL signal callers in a GQ interview that was published on Wednesday. Among his targets were Atlanta’s Matt Ryan, Buffalo rookie Josh Allen, Pittsburgh’s Ben Roethlisberger, Indianapolis’ Andrew…

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U.S. criticizes Serb vote to overturn Srebrenica massacre report

U.S. criticizes Serb vote to overturn Srebrenica massacre report

FILE PHOTO – A rosary is placed on a tombstone at the Memorial Center Potocari, near Srebrenica, Bosnia and Herzegovina July 11, 2015. REUTERS/Antonio Bronic August 15, 2018 WASHINGTON (Reuters) – The United States on Wednesday said Bosnia’s autonomous Serb-dominated region was attempting to deny history by revoking a report that concluded that Bosnian Serb forces killed about 8,000 Muslims in and around Srebrenica during the country’s 1992-95 war. The U.S. State Department said adoption…

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Budapest Airport terminal briefly shut due to hot isotope container

Budapest Airport terminal briefly shut due to hot isotope container

Firemen are seen entering the cargo compartment of a Turkish Airlines flight parked on the tarmac of Budapest Airport, Hungary, August 15, 2018 after one terminal of the airport and its surroundings were briefly shut down as the Disaster Management Authority ordered an investigation due to an overheated container carrying an isotope on an incoming flight. Neither the airport nor the disaster control authority confirmed that the flight affected was operated by Turkish Airlines. REUTERS/Bernadett…

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U.S. investor sues AT&T for $224 million over loss of cryptocurrency

U.S. investor sues AT&T for $224 million over loss of cryptocurrency

An AT&T logo is pictured in Pasadena, California, U.S., January 24, 2018. REUTERS/Mario Anzuoni August 15, 2018 By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – U.S. entrepreneur and cryptocurrency investor Michael Terpin filed a $224 million lawsuit on Wednesday against telecommunications company AT&T <T.N>, accusing it of fraud and gross negligence in connection with the theft of digital currency tokens from his personal account. In a 69-page complaint filed with the U.S. District Court in Los…

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