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Japan parliament approves new central bank chief Ueda
Japan parliament approves new central bank chief Ueda
Business and Economy
by  AFP

Japan's parliament on Friday approved economics professor Kazuo Ueda as the central bank's next governor, after a decade of monetary easing by outgoing chief Haruhiko Kuroda. Ueda told lawmakers last month that he saw the "continuation of monetary easing as appropriate", warning of uncertainty in financial markets and the global economy.

Ex-Goldman banker sentenced to 10 years in 1MDB scandal
Ex-Goldman banker sentenced to 10 years in 1MDB scandal
Business and Economy
by  AFP

A US judge in New York on Thursday sentenced former Goldman Sachs banker Roger Ng to 10 years in prison following his conviction in the massive 1MDB bribery scandal. A New York jury in April 2022 found Ng guilty in the scheme involving the state-owned Malaysian investment fund 1MDB following testimony from Tim Leissner, another former Goldman Sachs banker and a co-conspirator.