Asia
Credit Suisse fined in Hong Kong
Hong Kong’s regulator has fined and reprimanded Swiss wealth manager Credit Suisse for internal control failures and selling unsuitable products.
Ailing Samsung chairman accused of $7.5m tax evasion
The chairman of South Korean tech giant Samsung has been named by local police as a suspect in an KRW8.2bn (£5.4bn, $7.5bn, €6.1bn) tax evasion case despite having been in hospital since suffering a heart attack in 2014.
Global markets plunge after Dow Jones drop
European and Asian markets tumbled this morning after the Dow Jones took its biggest hit in six years.
Aussie life insurer to repay A$1.5m for hard selling
An Australian life assurance firm has been ordered to repay A$1.5m after the regulator found it was using unfair and high-pressure sales tactics.
Asian investors in London property risking hefty IHT bills
Overseas investment into the London residential new-build property market is dominated by Asian investors who may be overlooking UK inheritance tax in their financial planning, Old Mutual International has warned.