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Prolific London
London loses title as world’s top financial hub to New York

Issues around Brexit have cost London its crown as the world’s leading financial centre, with New York taking the top position, according to the seventh annual Global Regulatory Outlook (GRO) report, published by New York-based consultancy Duff & Phelps. 

South China Morning Post
1MDB scandal: reforms needed to avoid repeat of Najib-era corruption, says Malaysian graft-buster Abu Kassim

The one-year-old government of Malaysian Prime Minister Mahathir Mohamad has made major strides in tackling the corruption that nearly brought the country to its knees, but major legislative reform is needed to ensure the excesses of disgraced former leader Najib Razak are never repeated.

PSG president Nasser Al-Khelaifi charged with corruption

The president of French football champion Paris Saint-Germain has been charged by Parisian prosecutors with corruption in relation to a $3.5 million payment over the organization of the World Athletics Championships in Qatar, a judiciary source told CNN Thursday.

North Korea: UN report says people 'trapped in cycle of corruption'

North Koreans face a daily struggle to make ends meet due to a "vicious cycle of deprivation, corruption and repression", a new report says.

New York court dismisses whistleblower's libel suit against UBS

A New York appeals court has dismissed a U.S. whistleblower’s $20 million libel suit against Swiss bank UBS, his former employer, concluding that statements the Zurich-based bank made about him were at least “substantially true”.

Cricket World Cup Corruption 'low risk'' - ICC Chief

The ICC's anti-corruption chief, Alex Marshall, says he cannot guarantee a clean World Cup but that it is "low risk".

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