One of India’s most famous police officers is on trial—accused of being a killer-for-hire—in a case that embodies the difficulty of trying to clean up the nation’s notoriously corrupt crime-fighting forces.
Most Asian stock markets eked out modest gains, with many investors cautious amid prolonged uncertainty over Greece’s debt situation.
Last week, a trifecta of Japan’s most-celebrated electronics companies—Sony, Sharp and Panasonic—gave up hope for an annual profit, projecting combined losses of nearly $17 billion for the fiscal year ending in March.
Eugene Isenberg agreed to waive his right to a $100 million termination payment that was triggered when oil driller Nabors Industries replaced him as CEO.
Investigators in a world-wide probe of how crucial interest rates are set are focusing on a small number of traders suspected of trying to influence other bank employees to manipulate the rates.
The SEC is finalizing a proposal to shore up the money-market fund industry, more than three years after Lehman’s collapse sparked a panic.
Police investigating illegal newsgathering tactics in the media recovered a large cache of emails previously described by News Corp. as deleted.
The California State Teachers’ Retirement System is making a $500 million bet with Australia’s Industry Funds Management Fund that it can make money from utilities, roads, ports and pipelines around the globe.
A bankruptcy trustee investigating MF Global said he faces huge challenges getting back an estimated $1.2 billion in customer funds drained from the securities firm before it collapsed.
Wal-Mart Stores said Greg Foran, senior vice president for Wal-Mart International, has been named president and CEO of Wal-Mart China.