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Chinese Bank Regulator Dies Working Overtime

Jul 01, 2014 05:59 AM EDT

Chinese Banking Regulatory Commission (CBRC) employee Li Jianhua died working overtime on April 23 and his fatal dedication to his job was lauded by officials.

Bitcoin Auction Winners Still Undetermined

Bianca Ortega |

Jul 01, 2014 05:52 AM EDT

The United States Marshals Service put almost 30,000 Bitcoins seized from the black market Silk Road on auction on Friday, but the winning bidders are still undetermined.

US to Announce Nearly US$9B Fine for BNP Paribas

Bianca Ortega |

Jun 30, 2014 08:55 AM EDT

The U.S. government is expected to announce on Monday a record fine of almost US$9 billion for France’s BNP Paribas over alleged violations of US sanctions.

North Korea Demands Cancellation of South Korea-US Military Drills

Bianca Ortega |

Jun 30, 2014 08:16 AM EDT

North Korea’s National Defense Commission wants South Korea to cancel its annual military drills with the US to promote reconciliation ahead of the Asian Games which will commence September.

GSK Exec’s Sex Video Deepens Bribery Probe

Bianca Ortega |

Jun 30, 2014 04:09 AM EDT

A sex video of GlaxoSmithKline (GSK) China executive Mark Reilly brought a new twist to an on-going bribery probe into the British drug maker's operations in China.

China A Leader In Adopting New Technology –GfK

Bianca Ortega |

Jun 30, 2014 02:01 AM EDT

China is one of the countries that find new technology interesting and are eager to embrace it, according to the findings of a recent study by research firm GfK.

Corruption Continues to be a Widespread Problem in China

China Launches Graft Probe On Guangzhou Party Chief

Bianca Ortega |

Jun 27, 2014 11:44 AM EDT

China launched a graft probe on Guangzhou Communist Party chief Wan Qinliang amidst President Xi Jinping’s ongoing anti-corruption campaign across the country.

U.S. Disbands Philippine Anti-Terror Task Force

Bianca Ortega |

Jun 27, 2014 11:39 AM EDT

The United States is disbanding its anti-terror task force in the southern Philippines after more than ten years of helping fight Islamic militants.

Aussie Woman Dies Using Cheap USB-Type Charger

Bianca Ortega |

Jun 27, 2014 03:33 AM EDT

A 28-year-old Australian woman died from apparent electrocution while using a cheap USB-style charger on Friday, prompting authorities to issue warnings against sub-standard chargers.

Shia LaBeouf Arrested During Broadway Show

Bianca Ortega |

Jun 27, 2014 02:51 AM EDT

Former “Transformers” star Shia LaBeaouf was handcuffed and arrested for disorderly conduct and criminal trespassing during the Broadway show “Cabaret” in New York on Thursday.

MH370 Passengers Likely Died From Suffocation –Australian Report

Bianca Ortega |

Jun 27, 2014 02:19 AM EDT

The Australian Transport Safety Board (ATSB) released a new 55-page report saying the Malaysia Airlines Flight MH370 passengers and crew most likely died from lack of oxygen.

Tencent, Alibaba Help Fuel $642M In World Cup Gambling

Bianca Ortega |

Jun 26, 2014 08:16 AM EDT

Gambling is illegal across most of mainland China, but Chinese Internet giants Alibaba and Tencent helped fuel $642 million in World Cup 2014 bets through their smartphone payment apps.

Diane Sawyer to be Replaced by David Muir as 'World News' Anchor

Bianca Ortega |

Jun 26, 2014 07:11 AM EDT

Diane Sawyer will step down from the anchor chair of ABC’s “World News” at the end of August and will be replaced by “20/20” anchor David Muir on September 2.

Aereo Deemed Illegal By US Supreme Court

Bianca Ortega |

Jun 26, 2014 07:04 AM EDT

New York-based streaming TV startup Aereo lost a copyright lawsuit filed against it by major network broadcasters when the Supreme Court of the United States (SCOTUS) deemed it to be illegal.

Chinese Tycoon Booed In Lunch For Homeless New Yorkers

Bianca Ortega |

Jun 26, 2014 12:06 AM EDT

Chinese tycoon Chen Guangbiao got booed during a free lunch he hosted for 250 homeless New York citizens when they realized they were not going to receive the $300 cash they were previously promised.