South Korea appeals court: No evidence of Lee eliciting f…
An appeals court set Samsung heir Jay Y. Lee free on Monday after a year behind bars, suspending his 5 year term, after being convicted of bribing South Korea's former president.
Samsung heir freed after appeal wins suspended jail term
Samsung heir Lee Jae-yong was freed Monday after a South Korean appeals court gave him a 2 ½-year suspended jail sentence for corruption in connection with a scandal that topped the country's president. ...
China's Leshi says $890 million of debts due this year, shares drop 10 percent
China's Leshi Internet said about 5.62 billion yuan ($890 million) of its debts would be due by the end of this year, or almost two-thirds of the company's total loans and liabilities, sending its shares down for a ninth day. This is the first time the video-streaming firm - which is battling the fallout from a severe cash crunch at its founder Jia Yueting's embattled technology conglomerate LeEco - has provided an estimate for its debt in 2018. Earlier, the company had said that a part of its total loans and financial liabilities of 9.29 billion yuan ($1.5 billion)would be due this year, without giving any further details.
Asia shares retreat as inflation specter spooks bonds
Asian share markets were set for a rough ride on Monday as fears of resurgent inflation battered bonds, toppled Wall Street from record highs and sparked speculation central banks globally might be forced to tighten more aggressively.
GOP Lawmakers Back Mueller Inquiry
Feb.04 -- Three Republican lawmakers are giving their backing to the inquiry into Russia's alleged interference in the 2016 election. President Trump says the disputed GOP memo totally vindicates him of collusion with Moscow, or of obstructing justice in the Mueller investigation. Bloomberg's Jodi Schneider reports on "Bloomberg Markets: Asia."
The volatility in cryptocurrencies may have a silver lini…
The fall in cryptocurrency prices recently could present an opportunity to get into the market, says Michael Oved of Airswap.