Fired Chinese Insurance Regulator Charged With Bribery, Abuse of Power

Xiang Junbo was fired last April amid concerns the industry’s sizzling expansion had saddled the financial system with risk......»»

Category: topSource: wsjApr 16th, 2018

Chinese Insurance Regulator Pleads Guilty to Bribery Charges

China’s former chief insurance regulator confessed in court to charges he took bribes worth $3 million, paving the way for the sentencing of an official whose downfall symbolized Beijing’s battle against financial risk......»»

Category: topSource: wsjJun 14th, 2018

Anbang"s Wu Xiaohui Sentenced to 18 Years in Prison

Disgraced Chinese insurance magnate Wu Xiaohui was convicted of fraud and abuse of power connected with the meteoric rise of his company......»»

Category: asiaSource: wsjMay 10th, 2018

Big investors call for carbon price, end to coal power

More than 450 asset managers, including major pension funds and insurance companies, are calling on governments to phase out coal-fired power plants and put a meaningful price on carbon to help tackle climate change......»»

Category: topSource: foxnewsDec 10th, 2018

Malaysia ex-Deputy PM charged with graft, money laundering

Malaysia's former deputy prime minister has been charged with abuse of power, corruption and money laundering involving millions of dollars in another graft investigation against the leaders ousted in shock election results earlier this year......»»

Category: topSource: foxnewsOct 19th, 2018

Malaysia"s Najib charged with abuse of power

Malaysia's Najib charged with abuse of power.....»»

Category: videosSource: videonewsindexJul 4th, 2018

PG&E seeks 12 percent rate hike in 2020

PG&E Corp said on Thursday it had requested California's top utilities regulator for a 12 percent rate hike in 2020 to fund its community wildfire safety program, insurance liabilities, and core gas and electric operations......»»

Category: topSource: reuters11 hr. 59 min. ago

New report documents widespread groundwater contamination at Georgia coal ash ponds

Eleven of Georgia's 12 coal-fired power plants are leaking toxic coal ash into groundwater supplies, and 10 of those plants are owned by Georgia Power Co., a report prepared by several environmental groups claimed Thursday. Public utility data examined .....»»

Category: topSource: bizjournals20 hr. 44 min. ago

Anita Hill: Companies Should Treat Sexual Harassment as an Abuse of Power

“We have to view this as a cultural problem, not a behavioral problem." After the Congressional testimonies of Christine Blasey [f500link, ignore=true]Ford[/f500link] and Brett Kavanaugh in September, professor Anit.....»»

Category: europeSource: fortuneDec 12th, 2018

A Chinese tycoon sought power, and Washington responded

Ye Jianming courted the Biden family and networked with former United States security officials. Today, his empire is crashing down in court......»»

Category: topSource: moneycentralDec 12th, 2018

A Chinese tycoon sought power, and Washington responded

Ye Jianming courted the Biden family and networked with former United States security officials. Today, his empire is crashing down in court......»»

Category: topSource: moneycentralDec 12th, 2018

Former Hong Kong Minister Convicted in Bribery Scheme

A representative for a Chinese conglomerate who toured the world marketing China’s global investment and infrastructure program was convicted Wednesday of bribing African officials to secure oil rights for the company......»»

Category: topSource: wsjDec 6th, 2018

Ping An’s New Pitch for Blockchain: Shared Ledger, But Banks Keep Clients

Ping An, the Chinese insurance giant that built the eTradeFinance blockchain, is modifying the platform to give its 12 participating banks more control over customer relationships......»»

Category: forexSource: coindeskDec 3rd, 2018

Manafort Pardon ‘Not Off The Table’ Says Trump, as Mueller Targets Stone and Corsi

Senator Mark Warner of Virginia said the move would be “would be a blatant and unacceptable abuse of power." .....»»

Category: europeSource: fortuneNov 29th, 2018

China grants market access to 2 more foreign financial firms

China has given the go-ahead for two more foreign financial institutions to set up local subsidiaries, the country's banking and insurance regulator said in a notice on Sunday, bringing the total number of approvals to 12......»»

Category: topSource: moneycentralNov 25th, 2018

Kenya: 3 Chinese to be charged with bribing i006Evestigators

Kenya's director of public prosecutions says three Chinese nationals will be charged by the country's anticorruption authority for paying a bribe to influence the outcome of fraud investigations......»»

Category: topSource: foxnewsNov 25th, 2018

Rockwell Collins stock up 8.8% premarket after report that China has approved United Tech takeover

Rockwell Collin Inc.'s shares surged 8.8% in premarket trade Friday, after a Reuters report that the Chinese market regulator has given conditional approval to United Technologies Corp.'s bid for the aircraft parts maker. United Technologies s.....»»

Category: topSource: marketwatchNov 23rd, 2018

Bannon, Chinese Critic Create Fund to Investigate Beijing

President Trump’s former chief strategist Steve Bannon is teaming up with one of the Chinese government’s fiercest critics on a $100 million effort to investigate what they view as abuses of power by President Xi and the Communist Party......»»

Category: asiaSource: wsjNov 21st, 2018

De Blasio removes Investigation Department commissioner

Mayor Bill de Blasio said Friday he has fired Mark Peters, commissioner of the city Department of Investigation, following an independent probe that found that Peters had abused his power when he... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkNov 20th, 2018

Groups target Europe"s coal companies over harmful emissions

Environmental groups say 10 utility companies are responsible for the majority of premature deaths caused by emissions from coal-fired power plants in Europe......»»

Category: topSource: foxnewsNov 20th, 2018

Fire-plagued California won"t let insurers "cram" through big rate hikes in 2019: state regulator

Home insurers in California face potentially significant losses from the current wildfires but can't "cram" all of it into next year's insurance bills, according to the state's insurance commissioner......»»

Category: topSource: moneycentralNov 17th, 2018