Indonesia’s government filed a lawsuit accusing its flag carrier of corruption, adding to PT Garuda Indonesia’s woes as the airline undergoes a debt restructuring process. The Attorney General will investigate the allegation submitted by State-Owned
Exchange traded funds focused on environmental, social and governance themes have garnered only about 4 per cent of total Asia Pacific ETF assets, but their market share is growing fast. Twenty-five ESG ETFs debuted in
Saudi Arabia’s Oversight and Anti-Corruption Authority (Nazaha) has arrested 233 Saudis and expats while 641 others are still under investigation over corruption charges, local media reported. Nazaha said the detainees were involved in administrative and
An Indonesian court has sentenced two former heads of state insurer Asabri to 20 years in jail for graft after blaming them for causing 22.7 trillion rupiah ($1.58 billion) of losses to the state, the
Former Prime Minister Najib Razak, who was convicted of corruption last year for his role in one of the world’s largest financial scandals, withdrew his request for a multimillion-dollar property from the Malaysian government after it
Some 250 Saudi government officials and employees have been arrested after being found guilty of bribery, abuse of power and forgery, Saudi media reported. According to the Oversight and Anti-Corruption Authority (Nazaha), the arrests follow 6,459
An Indian government agency has summoned Amazon.com top management in the country along with officials from Future Coupons Pvt Ltd. to query them about a botched deal, The Economic Times newspaper reported. The Enforcement Directorate — the agency that investigates
China’s carbon emissions fell in the third quarter for the first time since its economic recovery from the coronavirus began, new research shows, partly as a result of a clampdown on property development and widespread
Passive funds will struggle to achieve net zero carbon emissions across their portfolios, according to the chief executive of one of Japan’s largest asset managers. Akira Sugano, president and CEO of Asset Management One, said
China’s ruling Communist Party slammed the “money worship”, “extreme individualism” and corruption that emerged in the four decades since the country opened up, calling for stronger party leadership and moral discipline in a key resolution
The Oversight and Anti-Corruption Authority announced the arrest of 172 people on charges related to financial and administrative corruption in government agencies, according to an article in Al Ekhbariya. The authority stated on its Twitter
China has detailed and concrete plans on how to meet its climate commitments, and is pushing those plans forward vigorously, unlike some countries that are “paying lip service” to their climate targets, the head of
