Day: October 5, 2020
Asian shares rose Monday in Asia as investors were encouraged by positive reports about President Donald Trump’s health after he tested positive for the coronavirus. Asian Shares Japan’s benchmark Nikkei 225 gained 1.2% to 23,316.08. South Korea’s Kospi jumped 1.3% to 2,356.80. Australia’s S&P/ASX 200 surged 2.4% to 5,932.40. Hong Kong’s Hang Seng rose 1.5% […]
The Securities and Exchange Commission today announced an award of almost $30 million to two insider whistleblowers whose tips led SEC staff to open an investigation. The first whistleblower, who was the first to alert SEC staff of potential wrongdoing and provided substantial, ongoing assistance, received an award of approximately $22 million. The second whistleblower […]
Wirecard, which primarily processes payments for merchants and helps companies to issue pre-paid cards in Singapore, filed for insolvency in June after a 1.9 billion euro ($2.3 billion) hole was discovered in its books. Singapore police are among a number of global authorities investigating Germany’s biggest post-war corporate fraud. “Wirecard SG has informed MAS that […]
