SEOUL (Reuters) – South Korean prosecutors indicted Samsung Group’s Jay Y. Lee on Tuesday on suspicion of accounting fraud and stock price manipulation in connection with a 2015 merger, dealing a new blow to the head of one of Asia’s most valuable companies. L... More »
SEOUL (Reuters) – South Korean prosecutors indicted Samsung Group leader Jay Y. Lee on charges of manipulating stock prices and breach of trust in order to cement control of the group, a prosecution official said on Tuesday. Considering the gravity of manipula... More »
ROME (Reuters) – The Italian government approved a package of measures on Tuesday aimed at cutting the complicated red tape that has long been blamed for crimping growth in the euro zone’s third-largest economy. The “simplification decree,” approved after week... More »
SEOUL (Reuters) – A South Korean court on Tuesday denied an arrest warrant request for Samsung Group heir Jay Y. Lee after prosecutors accused him of accounting fraud and stock manipulation. The ruling provided temporary relief for the vice chairman of Samsung... More »
JERUSALEM (Reuters) – Israel’s top court on Monday heard challenges to Prime Minister Benjamin Netanyahu’s bid to secure a governing coalition, with opposition figures arguing a deal on a new unity administration would unlawfully shield him in a corruption tri... More »
KUALA LUMPUR (Reuters) – AirAsia Group Bhd (AIRA.KL) said on Friday an independent probe into corruption allegations from Britain’s Serious Fraud Office (SFO) has found the Malaysian airline’s procurement process with European planemaker Airbus SE (AIR.PA) rob... More »
SHENZHEN, China (Reuters) – ZTE said it had not received any notice from U.S. authorities after NBC News reported on Friday that the Chinese telecoms company was the subject of a new bribery investigation. ZTE said its operations continue as normal. The NBC re... More »
NEW YORK (Reuters) – The Houston Astros, the Boston Red Sox and Major League Baseball asked a U.S. judge to dismiss a proposed class-action lawsuit by DraftKings participants who said the teams’ electronic sign-stealing distorted fantasy baseball contests they... More »
SOFIA (Reuters) – Bulgarian prosecutors have pressed new charges including unlawful possession of antiques of historical value against fugitive gambling tycoon Vasil Bozhkov, one of the country’s richest men, officials said on Thursday. Bozhkov, owner of sever... More »
WASHINGTON (Reuters) – U.S. House Speaker Nancy Pelosi said House Democrats will determine on Tuesday when to send formal impeachment charges against President Donald Trump to the Senate and warned that Republicans will pay a political price for denying a tria... More »
SEOUL (Reuters) – South Korea’s Samsung Group, whose leader faces trials over a bribery scandal involving former president Park Geun-hye, has appointed external experts to a new oversight panel to stamp out criminal conduct, the chief of the committee said on ... More »
SAN DIEGO (Reuters) – California Governor Gavin Newsom has decided against calling a special election to fill the seat U.S. Representative Duncan Hunter will leave vacant in Congress next week when he resigns following his conviction in a federal corruption sc... More »
WASHINGTON (Reuters) – U.S. Senate Democratic leader Chuck Schumer proposed in a letter released on Sunday that at least four witnesses including acting White House Chief of Staff Mick Mulvaney and former national security adviser John Bolton be subpoenaed to ... More »
(Reuters) – The U.S. House of Representatives will take up impeachment charges against President Donald Trump next week after the House Judiciary Committee on Friday recommended two charges, abuse of power and obstruction of Congress, to the full chamber. Here... More »
NAIROBI (Reuters) – Nairobi’s governor pleaded not guilty to corruption and other economic crimes involving millions of dollars in a Kenyan court on Monday. Governor Mike Mbuvi Sonko was arrested on Friday and is accused of conspiracy to commit corruption, fai... More »
WASHINGTON (Reuters) – Democratic lawmakers could vote this week on articles of impeachment against President Donald Trump, the House Judiciary Committee chairman said on Sunday as lawmakers sharpened their focus on charges of wrongdoing in his dealings with U... More »
WASHINGTON (Reuters) – House Intelligence Committee Chairman Adam Schiff said on Sunday it was best to focus charges in the impeachment of President Donald Trump on where there was overwhelming evidence and not try to charge everything. “It’s always been my st... More »
WASHINGTON (Reuters) – Swedish mobile telecoms company Ericsson (ERICb.ST) has agreed to pay over $1 billion to resolve probes into corruption, including the bribing of government officials, the U.S. Department of Justice said on Friday. The bribery took place... More »
WASHINGTON (Reuters) – The White House informed the U.S. Congress on Friday that it will refuse to participate in impeachment hearings against President Donald Trump in the House of Representatives Judiciary Committee next week. In a letter to Judiciary Commit... More »
WASHINGTON (Reuters) – The White House told Democratic lawmakers on Sunday that U.S. President Donald Trump and his lawyers would not participate in a congressional impeachment hearing this week, citing a lack of “fundamental fairness.” Trump’s aides responded... More »
WASHINGTON (Reuters) – The White House said in a letter on Sunday to the chairman of the House of Representatives Judiciary Committee that President Donald Trump would not send representation to a Wednesday impeachment hearing. Pat Cipollone, counsel to the pr... More »
WASHINGTON (Reuters) – U.S. President Donald Trump’s White House made no public statement as of a 6 p.m. (2300 GMT) deadline on Sunday to say whether he would send legal counsel to participate in a congressional impeachment hearing this week. Although the dead... More »
WASHINGTON (Reuters) – A U.S. congressional panel on Friday gave President Donald Trump one week to say whether his legal counsel intends to introduce evidence and call witnesses in upcoming impeachment proceedings that could lead to formal charges of miscondu... More »
By Lisa Lambert, Steve Holland and Jonathan Landay WASHINGTON (Reuters) – President Donald Trump on Friday accused a witness in the Democratic-led impeachment inquiry of lying and offered an explanation for his controversial use of his personal lawyer Rudy Giu... More »
WASHINGTON (Reuters) – U.S. House Speaker Nancy Pelosi is amplifying her unfavorable comparison of President Donald Trump to fellow Republican Richard Nixon, saying that disgraced president at least cared enough about the country to leave office before his imp... More »
WASHINGTON (Reuters) – U.S. President Donald Trump lashed out on Sunday at another witness in Congress’ impeachment inquiry against him, saying the aide to Vice President Mike Pence was a “Never Trumper” who should “work out a better presidential attack.” Writ... More »
WASHINGTON (Reuters) – The phone call between U.S. President Donald Trump and his Ukrainian counterpart at the center of Congress’ impeachment investigation was “inappropriate,” an aide to Vice President Mike Pence told lawmakers, according to a transcript rel... More »
WASHINGTON (Reuters) – Republicans on Saturday asked that former Vice President Joe Biden’s son and the whistleblower whose complaint triggered the impeachment inquiry into U.S. President Donald Trump be called to testify in public hearings that begin next wee... More »
WASHINGTON (Reuters) – U.S. President Donald Trump said on Saturday that the White House would probably release a transcript of a second call with Ukrainian President Volodymyr Zelenskiy on Tuesday. “We have another transcript coming out which is very importan... More »
JAKARTA (Reuters) – A former chief executive of Indonesian state electricity utility Perusahaan Listrik Negara (PLN) [PLNEG.UL] has been cleared in a graft case related to a power plant project, a judge at the country’s corruption court said on Monday. Prosecu... More »
WASHINGTON (Reuters) – John Conyers, a liberal Democrat who was the longest-serving African-American member of the U.S. House of Representatives, serving for more than half a century, died on Sunday at the age of 90. Conyers joined the House in 1965 and steppe... More »
WASHINGTON (Reuters) – Donald Trump’s former Russia adviser testified for more than nine hours on Monday behind closed doors, the latest witness summoned in the impeachment inquiry against the U.S. president over his request that Ukraine investigate a politica... More »
WASHINGTON (Reuters) – The House of Representatives impeachment inquiry into President Donald Trump over his request that a foreign power investigate a domestic political rival is set to intensify this week with testimony due from witnesses concerning allegati... More »
WASHINGTON (Reuters) – President Donald Trump pressed his Ukrainian counterpart to investigate a political foe. Now, a central question for Democratic lawmakers moving with remarkable speed to impeach him is the extent to which Trump entangled both his office ... More »
WASHINGTON (Reuters) – Congress is determined to get access to Donald Trump’s calls with Russian President Vladimir Putin and other world leaders, the U.S. House Intelligence Committee’s chairman said on Sunday, citing concerns that the Republican president ma... More »
AUSTIN, TX (Reuters) – U.S. House Speaker Nancy Pelosi said on Saturday that public opinion is now on the side of an impeachment inquiry against President Donald Trump following the release of new information about his conversations with Ukrainian President Vo... More »
WASHINGTON (Reuters) – Democrats in the U.S. House of Representatives who are pursuing an impeachment inquiry against President Donald Trump forged ahead with their probe on Friday, issuing a subpoena to Secretary of State Mike Pompeo for documents concerning ... More »
BOSTON (Reuters) – Actress Felicity Huffman, the first parent sentenced in a wide-ranging U.S. college admissions cheating scandal, was given a 14-day prison term on Friday and made a somber apology in federal court for paying to rig her daughter’s entrance ex... More »
NEW YORK (Reuters) – A U.S. federal appeals court on Friday revived a lawsuit alleging President Donald Trump violated the U.S. Constitution by profiting from foreign and domestic officials who patronized his hotels and restaurants, moving a watchdog group clo... More »
JOHANNESBURG (Reuters) – Former South African President Jacob Zuma told a corruption inquiry on Monday that he had never broken the law with the Gupta family, describing the businessmen at the center of an influence-peddling scandal as friends. Zuma also said ... More »
JOHANNESBURG (Reuters) – Former South African president Jacob Zuma told a corruption inquiry on Monday that there was a conspiracy against him and that his enemies had subjected him to a “character assassination” because they wanted him out of power. “This com... More »
MEXICO CITY (Reuters) – Mexico’s president is expected to score comfortable wins in Sunday’s state elections in the first test of his popularity since taking office, with preliminary results and an exit poll showing his party taking both governorships up for g... More »
TOKYO (Reuters) – Japanese prosecutors indicted former Nissan Motor Co Chairman Carlos Ghosn on Monday on a charge of aggravated breach of trust, a Tokyo court said, bringing a fourth charge against him on the day his detention period was set to expire. Ghosn’... More »
TOKYO (Reuters) – Carlos Ghosn on Monday applied for bail following his latest indictment over aggravated breach of trust, as the former Nissan Motor Co chairman fights his fourth indictment over financial misconduct. Ghosn’s defense team filed the bail reques... More »
TOKYO (Reuters) – The lead lawyer for Carlos Ghosn said he expected a fresh indictment for the former Nissan Motor Co boss to come later on Monday. “We haven’t heard of an indictment yet. I expect it will be this afternoon,” Junichiro Hironaka told reporters o... More »
BOSTON (Reuters) – Actress Lori Loughlin on Monday entered a not guilty plea to charges that she participated in a wide-ranging college admissions scam by paying bribes to get her two daughters admitted to the University of Southern California. Loughlin, who s... More »
SEOUL (Reuters) – On a recent weekend night, the dance floor at one of the hottest clubs in Seoul’s swanky Gangnam district held only a few dozen people surrounded by mostly empty tables. A few months ago, the nightclub would have been packed with hundreds of ... More »
BRATISLAVA (Reuters) – Slovakia’s ruling party-backed candidate Maros Sefcovic conceded defeat in the euro zone country’s presidential election on Saturday. Sefcovic, a vice-president the European Union’s executive Commission, told reporters he had called his ... More »
NOVOVOLYNSK, Ukraine (Reuters) – Ukrainian police are investigating two companies and a factory over a coal deal which some anti-corruption campaigners say epitomizes the difficulties of doing business in the east European country. The sums involved in the dea... More »
KUALA LUMPUR (Reuters) – Malaysian prosecutors on Monday said they would issue summonses to units of U.S. investment bank Goldman Sachs in London and Hong Kong, requiring them to respond by June to criminal charges filed against them last year. Soon after bein... More »
NEW YORK (Reuters) – The figure at the center of the U.S. college cheating scandal spoke twice in the past decade at events hosted by Pacific Investment Management Co (Pimco), one of the world’s largest asset managers whose former chief executive is ensnared i... More »
LOS ANGELES (Reuters) – Hollywood actress Lori Loughlin was dropped by a TV network and her daughter lost a sponsorship deal on Thursday, while students sued prestigious universities in growing fallout from a massive college bribery scandal. Crown Media Family... More »
TOKYO (Reuters) – The heads of Renault SA, Nissan Motor Co and Mitsubishi Motors Corp will hold a joint news conference at Nissan’s headquarters in Yokohama on Tuesday, Nissan said. Renault Chairman Jean-Dominique Senard, Renault CEO Thierry Bollore, Nissan CE... More »
SEOUL (Reuters) – A member of South Korean K-pop band Big Bang, who goes by the stage name Seungri, has been charged with providing prostitutes to foreign investors in his private club, media reported on Sunday, sending shares of his agency as much as 14 perce... More »
SEOUL (Reuters) – U.S. President Donald Trump said on Monday that the Democrats’ decision to interview his longtime fixer, lawyer Michael Cohen, on the same day as a meeting with Kim Jong Un may have contributed to the North Korea summit ending with no deal. T... More »
TOKYO (Reuters) – The lawyer for former Nissan Motor Chairman Carlos Ghosn on Monday said he was optimistic the ousted executive could win bail soon and said he would pursue a different defense strategy against charges of financial conduct. Junichiro Hironaka,... More »
TOKYO (Reuters) – The lawyer for former Nissan Motor Co Ltd Chairman Carlos Ghosn on Monday said he was optimistic the ousted executive could win bail in the near future, after being held in custody at a detention center in Japan for over three months. “I beli... More »
NAIROBI (Reuters) – A Kenyan court charged seven men on Wednesday for impersonating President Uhuru Kenyatta and swindling a prominent businessman out of 10 million shillings ($100,000) in yet another high-profile corruption case. The suspects called tyre firm... More »
LUXEMBOURG (Reuters) – Latvia violated European Union law by barring from office its central bank governor, who is also a European Central Bank policymaker, the European Court of Justice ruled on Tuesday in a widely expected decision. Ilmars Rimsevics was susp... More »
MOSCOW (Reuters) – The International Paralympic Committee (IPC) said on Friday it would lift the ban on Russian Para athletes by March 15, but only under certain conditions. Russia has been barred from international competitions since August 2016 over allegati... More »
MOSCOW (Reuters) – Kremlin spokesman Dmitry Peskov said on Wednesday that Russia and the World Anti-Doping Agency (WADA) had reached an understanding on the handover of data from the former Moscow anti-doping laboratory. Russia was due to hand over the data to... More »
MOSCOW (Reuters) – Russia is working with the World Anti-Doping Agency (WADA) to settle an issue regarding the transfer of laboratory data, the Kremlin said on Friday – a condition for the country’s anti-doping agency to keep its accreditation. Russian anti-do... More »
KUALA LUMPUR (Reuters) – Malaysia is seeking $7.5 billion in reparations from Goldman Sachs Group Inc (GS.N) over its dealings with scandal-linked state fund 1MDB, the Financial Times (FT) reported on Friday, citing the finance minister. Separately, Bloomberg ... More »
ROME (Reuters) – The Italian parliament on Tuesday approved a package of measures to crack down on public sector corruption and improve the efficiency of the justice system, two problems which have long dogged the euro zone’s third largest economy. The bill ba... More »
NAIROBI (Reuters) – A Kenyan court on Monday charged senior officials from the state-run oil pipeline and others from the state health insurance fund for abuse of office and economic crimes that led to the loss of billions of shillings from the two institution... More »
LIMA (Reuters) – Uruguay has rejected a request for asylum from former Peruvian President Alan Garcia, who is currently under investigation in his home country on allegations of corruption, Peruvian Foreign Minister Néstor Popolizo said on Monday. Uruguayan of... More »
(Reuters) – Malaysian officials investigating a multibillion-dollar corruption scheme linked to a Malaysian state fund and former Prime Minister Najib Razak plan to meet with U.S. officials in Washington, U.S. and Malaysian sources familiar with the plans told... More »
SINGAPORE (Reuters) – A former Goldman Sachs Group Inc. (GS.N) banker is in talks with U.S. prosecutors to potentially plead guilty to criminal charges stemming from an alleged scheme to steal billions of dollars from a Malaysian state investment fund, the Wal... More »
MOSCOW (Reuters) – The head of a Russian advertising agency tasked with decorating Moscow facades ahead of the soccer World Cup used the opportunity to commission a 12-storey high mural of his wife. The portrait shows Novatek Art director Ivan Panteleev’s wife... More »
MEXICO CITY (Reuters) – Mexico’s Andres Manuel Lopez Obrador said he will maintain fiscal discipline and seek friendly relations with the United States, while vowing not to confiscate property, after a landslide presidential election victory on Sunday. The 64-... More »
MEXICO CITY (Reuters) – Mexico’s new president Andres Manuel Lopez Obrador said he would pursue friend and foe alike in a crackdown on corruption after voters handed him a powerful mandate for government with a landslide election victory on Sunday. Lopez Obrad... More »
KUALA LUMPUR (Reuters) – Amid mounting suspense in Malaysia, former leader Najib Razak is expected to give a statement to an anti-graft agency on Tuesday explaining what he knew about $10.6 million transferred into his bank account from a unit of a state fund ... More »
SAO PAULO (Reuters) – Rampant corruption scandals and a deep recession soured many foreign investors on Brazil in recent years, but one Canadian group saw opportunity. Brookfield Asset Management Inc and its subsidiaries have made nearly a dozen major acquisit... More »
ISTANBUL (Reuters) – Turkey’s Tayyip Erdogan said he plans to take greater control of the economy after presidential elections next month and the central bank will have to take note of what the president says and act accordingly. His comments helped pushed the... More »
TOKYO (Reuters) – Newly elected Malaysian Prime Minister Mahathir Mohamad said on Tuesday he may remain premier for up to two years and will play a role in the background even after he steps down. Mahathir, 92, whose four-party coalition won a shock victory ov... More »
(Reuters) – The U.S. Department of Justice has joined whistleblower litigation accusing Insys Therapeutics Inc of trying to generate more profit by paying kickbacks to doctors to prescribe powerful opioid medications. The government’s involvement was disclosed... More »
WASHINGTON/NEW YORK (Reuters) – Federal investigators kept logs of the phone lines of President Donald Trump’s personal lawyer Michael Cohen, NBC News said on Thursday, correcting an earlier story that said the lines were wiretapped to allow investigators to h... More »
NEW YORK (Reuters) – Former New York State Assembly Speaker Sheldon Silver is expected to go to trial on federal corruption charges for the second time on Monday, seven months after an appeals court threw out his earlier conviction and 12-year prison sentence.... More »
LIMA (Reuters) – Peru’s top court ruled that ex-President Ollanta Humala and his wife must be freed from jail, where they have been spent the past nine months awaiting trial over money laundering allegations that they deny, the president of the court said on T... More »
JOHANNESBURG (Reuters) – South African police on Monday raided the compound of former president Jacob Zuma’s allies the Guptas, who were accused two years ago in a report by a corruption watchdog of using their influence to gain control of state companies and ... More »
GENEVA (Reuters) – The Maldives rejected a demand by a U.N. human rights watchdog on Monday that former president Mohamed Nasheed be allowed to stand for office, including in a presidential election later this year. The U.N. Human Rights Committee, a panel of ... More »
SYDNEY (Reuters) – Australian police said it had raided three properties as part of an alleged “multi-million dollar corporate fraud” involving a former supplier for the country’s fourth-biggest lender, National Australia Bank Ltd (NAB.AX). NAB Chief Executive... More »
FILE PHOTO: Bangladesh Nationalist Party (BNP) Chairperson Begum Khaleda Zia waves to activists as she arrives for a rally in Dhaka in this file picture taken January 20, 2014. REUTERS/Andrew Biraj/File Photo DHAKA (Reuters) – A Bangladeshi court granted bail ... More »
FILE PHOTO: Israel’s Prime Minister Benjamin Netanyahu attends a memorial ceremony for the late prime minister Yitzhak Rabin at Mount Herzl military cemetery in Jerusalem as Israel marks the 22nd anniversary of Rabin’s killing by an ultra-nationalist Jewish as... More »
NAIROBI (Reuters) – Kenya’s public university lecturers have resumed a nationwide strike over low pay, nearly three months after ending a similar protest. Strikes by public workers in the East African country have become more frequent in recent years, often fu... More »
(Reuters) – Around 3,000 delegates to the annual meeting of China’s largely rubber-stamp parliament, the National People’s Congress, will meet in Beijing’s Great Hall of the People on March 5 for a session that will last around two weeks. Here is an overview o... More »
A security guard speaks on her mobile phone at the head office of the ABLV Bank in Riga, Latvia February 18, 2018. REUTERS/Ints Kalnins FRANKFURT (Reuters) – The European Central Bank stopped all payments by Latvian lender ABLV Bank on Monday as its liquidity ... More »
Protesters hold signs as they take part in a rally calling upon Israeli Prime Minister Benjamin Netanyahu to step down in Tel Aviv, Israel February 16, 2018. REUTERS/Amir Cohen TEL AVIV (Reuters) – Israeli demonstrators gathered in Tel Aviv on Friday to urge P... More »
FILE PHOTO: President of South Africa Jacob Zuma attends the 54th National Conference of the ruling African National Congress (ANC) at the Nasrec Expo Centre in Johannesburg, South Africa December 16, 2017. REUTERS/Siphiwe Sibeko/File Photo JOHANNESBURG (Reute... More »
MALE (Reuters) – The Maldives’ state health minister said on Monday he has resigned from the administration of President Abdulla Yameen in protest against the government’s decision to not enforce a Supreme Court order freeing opposition leaders from prison. St... More »
FILE PHOTO – Venezuelan Foreign Minister Jorge Arreaza (2nd L) talks with China’s Foreign Minister Wang Yi (2nd R) during a meeting at the Ministry of Foreign Affairs in Beijing on December 22, 2017. REUTERS/Nicolas Asfouri/Pool BEIJING (Reuters) – China’s sup... More »
(Reuters) – British oilfield services provider Petrofac said its top management, including its chairman and executive directors, would be interviewed by Britain’s Serious Fraud Office (SFO) regarding an ongoing investigation into suspected bribery and corrupti... More »
FILE PHOTO: Philippines’ President Rodrigo Duterte Rodrigo Duterte gestures during a news conference on the sidelines of the Association of South East Asian Nations (ASEAN) summit in Pasay, metro Manila, Philippines, November 14, 2017. REUTERS/Dondi Tawatao MA... More »
Samsung Electronics Vice Chairman, Jay Y. Lee leaves a court in Seoul, South Korea, February 5, 2018. Lee Ji-eun/Yonhap via REUTERS SEOUL (Reuters) – A South Korean appeals court on Monday suspended a jail sentence handed down to Samsung Group heir Jay Y. Lee,... More »
REFILE – ADDING DISCLAIMER Thailand’s Deputy Prime Minister and Defence Minister Prawit Wongsuwan shields his eyes from the sun and displays a watch he is wearing during a photo session at the Government House in Bangkok, Thailand, December 4, 2017. Picture ta... More »
Samsung Group heir Jay Y. Lee said on Monday he spent his year in jail on "precious" self-reflection and promised to show a better side in future, after a high court suspended his jail sentence in a corruption scandal and set him free. More »
SEOUL (Reuters) – The lawyer for Samsung Group heir Jay Y. Lee said on Monday his client plans to appeal to the Supreme Court after he was found guilty of some charges by an appeals court, even though his sentence was suspended and he was able to walk free. Th... More »
(This February 1 story has been refiled to fix typo in 13th paragraph) By John Revill and Michael Shields ZURICH (Reuters) – Swiss private bank PKB Privatbank SA Lugano committed serious breaches of money laundering regulations in business linked to Brazilian ... More »
A horse-drawn carriage is pictured on a street in Dragomiresti, Dambovita county, Romania, January 23, 2018. Picture taken January 23, 2018. Inquam Photos/Octav Ganea via REUTERS DRAGOMIRESTI, Romania (Reuters) – Romanian mayor Dragos Vladulescu has a criminal... More »
FILE PHOTO: Saudi Arabian billionaire Prince Alwaleed bin Talal sits for an interview with Reuters in the office of the suite where he has been detained at the Ritz-Carlton in Riyadh, Saudi Arabia January 27, 2018, REUTERS/Katie Paul /File Photo DUBAI (Reuters... More »
