Hungarian and Italian authorities begin investigations into deadly bus accident

By Sandor Peto BUDAPEST, Jan 22 : Italian and Hungarian authorities have begun investigations into the cause of a bus crash in northern Italy that left 16 dead and two people with life-threatening injuries. The bus was carrying teenage students from a Budapest school, their teachers and parents, returning from a ski trip in France. […]

Sri Lanka anti-corruption chief quits after president’s criticism

By Shihar Aneez COLOMBO, Oct 17 : The head of Sri Lanka’s anti-corruption body resigned today, government officials said, days after President Maithripala Sirisena implied her agency was favouring the rival party of his prime minister. Dilrukshi Wickramasinghe has headed probes into alleged corruption involving top officials in the former government of ex-president Mahinda Rajapaksa, […]

Seoul court denies arrest warrant for Lotte Group chairman; corruption probe continues

By Joyce Lee SEOUL, Sep 29 : A South Korean court rejected a request by prosecutors for a warrant to arrest Lotte Group Chairman Shin Dong-bin in the latest twist in a wide-ranging corruption probe that has convulsed the country’s fifth-largest family-run conglomerate. But an investigation that has constricted management since June, derailing plans for […]

SKorea court denies arrest warrant for Lotte Group chairman

By Joyce Lee Seoul, Sep 29 : A South Korean court rejected prosecutors’ request to arrest Lotte Group chairman Shin Dong-bin, a Seoul Central District Court judge said early today, following a wide-ranging corruption investigation that became public in June. While it was not immediately clear what prosecutors’ next step would be, the court’s decision […]

Bangladesh may be confronting a more fearsome militant foe

By Sanjeev Miglani and Ruma Paul DHAKA, Jul 2 : Bangladesh, faced with the worst militant attack in its history, is probing deeper for possible ties between the men who murdered around 20 people in a restaurant and trans-national Islamist extremist groups, security officials said. Until yesterday’s attack in an upscale part of the capital […]

S Korea’s Lotte says tough for hotel unit IPO to stay on schedule

By Tony Munroe and Se Young Lee SEOUL, Jun 13 : South Korea’s Lotte Group said it would difficult for its hotel unit’s IPO to meet a July deadline as planned, as the conglomerate grapples with the fallout from raids by prosecutors on it offices and several of its units last week. But it is […]