Japan an alluring target for Standard Bank ATM thieves
SINGAPORE/TOKYO (Reuters) – Criminals who stole millions of dollars from automatic teller machines across Japan in a three-hour spree probably chose the country because banks consider it a low fraud risk, security experts say.
Higher home sales, prices drive Toll Brothers revenue beat
(Reuters) – Toll Brothers Inc’s quarterly revenue jumped nearly 31 percent, beating analysts’ estimates, as the company sold more luxury homes at higher prices, mainly in California.
G7 to examine economic risk, vow policy mix to spur growth: sources
TOKYO (Reuters) – Leaders from the Group of Seven advanced economies will examine potential risks to the global economy when they gather this week for their summit in western Japan, government sources told Reuters.
Singapore orders BSI bank unit shut as 1MDB probe widens
SINGAPORE/ZURICH (Reuters) – Singapore closed down BSI’s operations in the city-state, while Switzerland began criminal proceedings against the private bank, in the biggest international crackdown on financial entities dealing with a scandal-hit Malays…
Financial tech startups compete for overlooked U.S. immigrant market
MEXICO CITY (Reuters) – For two decades, Noe Sanchez sent money from California to his father in Mexico City through storefront outlets of traditional remittance firms such as Western Union.
Asian stocks near 11-week lows, dollar bounces on Fed rate view
HONG KONG (Reuters) – Asian shares stumbled to near 2-1/2-month lows on Tuesday and the U.S. dollar pared some of its recent losses as investors worried about the likelihood of a U.S. interest rate increase in coming weeks.
South Korea’s Mando in talks to supply parts for Tesla’s Model 3: source
SEOUL (Reuters) – Mando Corp is in talks with Tesla Motors to supply parts for its Model 3 car, an industry source said, as it seeks to join other South Korean firms supplying components for Tesla’s more affordable electric cars.
Doubts mount over merger of health insurers Anthem, Cigna
(Reuters) – Wall Street expressed growing doubts about a pending $54 billion merger of U.S. health insurers Anthem Inc and Cigna Corp on Monday as news of management squabbles added to concerns over its review by antitrust regulators.
Swiss attorney general opens criminal proceedings against bank BSI
ZURICH (Reuters) – Switzerland’s Office of the Attorney General (OAG) has opened criminal proceedings against Swiss bank BSI in connection with embattled Malaysian state fund 1Malaysia Development Berhad (1MDB), it said on Tuesday.
Production of Coke halted in Venezuela for lack of sugar
(Reuters) – The Venezuelan bottler of Coca-Cola has halted production of the sugar-sweetened beverage due to a lack of sugar, a Coca-Cola Co spokeswoman said on Monday.
