Asia
Tax scam mastermind who duped Crocodile Dundee star arrested
The man at the centre of Australia’s biggest ever tax evasion scandal that ensnared Crocodile Dundee actor Paul Hogan is understood to have been arrested in Italy.
Expat hotspots top global competitive ranking
Hong Kong and Singapore ranked first and third as the most competitive countries in the world, with Switzerland coming in second, according to the 2017 IMD World Competitiveness Ranking.
Pakistan returns to MSCI emerging markets index with a bump
With more of a shudder than a surge, Pakistan formally returned to the MSCI emerging markets index on Wednesday after nine years as a frontier market, a day after foreign investors sold up in the biggest net outflow since July 2013.
Australian adviser given life ban for stealing A$2.3m
An Australian financial planner has been jailed and permanently banned from providing financial services after pleading guilty to stealing more than A$2.3m (£1.3m, $1.7m, €1.5m) from a nurse to fund his lavish lifestyle.
Menon reappointed MD of Singapore’s financial regulator
The Monetary Authority of Singapore (Mas) has reappointed Ravi Menon as managing director for a further two years, effective from 1 June 2017.