Asia
Boss of £23m biofuel scam jailed for eight years in Cambodia
The chairman of a collapsed biofuel investment scheme has been convicted of fraud and sentenced to eight years in prison by a Cambodian court.
Korea’s political turmoil makes managers wary of equities
Political scandals, corporate governance issues and the potential impact of Donald Trump’s trade policies prompt caution on Korean equities.
Frontier markets growing faster than EMs, says Templeton
Frontier markets are growing at a much faster pace than emerging markets, according to Mark Mobius, executive chairman of the Templeton emerging markets group.
Nutmeg raises another £12m from Taiwanese bank
Europe’s largest online wealth manager Nutmeg has attracted an additional £12m ($14.8m €14.1m) from Taipei Fubon Bank (TFB) and has revealed its assets under management for the first time.
Australia’s Westpac taken to court over advice failures
Australia’s financial services regulator is taking legal action against one of the country’s biggest banks for giving financial advice that failed to put the “best interests” of its clients first.