Sam Bankman-Fried—Convicted Fraudster And Disgraced FTX Mogul—Sentenced To 25 Years In Prison
forbes.com/sites/zacharyfolk/2024/03/28/sam-bankman-fried-convicted-fraudster-and-disgraced-crypto-mogul-faces-prison-sentencing-today/
Quick Glance: Sam Bankman-Fried's Verdict: 25-Year Prison Term - BBC News
- Sam Bankman-Fried received a 25-year prison sentence. Key details from the court hearing in New York were summarized, focusing on his defense lawyer's arguments and the judge's ruling.
- The judge criticized SBF's lack of remorse, noting that he had never expressed a word of regret for committing terrible crimes. Customers who lost money in the collapse reported experiencing nightmares.
- SBF admitted to making a series of poor decisions but claimed that customers could be reimbursed. The judge pointed out that the assertion that customers would be fully repaid through the bankruptcy process was misleading.
- The court hearing also included testimonies from customers who lost significant amounts of money, insights into SBF's background, and the reasons behind the collapse of his company FTX.
Live news: Princess Catherine undergoing treatment for cancer
ft.com/content/b1bf8de1-e4a0-42dd-a97f-4dd1f10852b5
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Old Xi Jinping speech sparks China monetary easing speculation: A sentence from a months-old speech by Chinese President Xi Jinping has sparked speculation the ...
reuters.com/markets/asia/old-xi-jinping-speech-sparks-china-monetary-easing-speculation-2024-03-29/
China football captain Zhang Linpeng quits after 2-2 draw with Singapore: “We could not even beat the Singapore team. I think it’s unacceptable ...
straitstimes.com/sport/football/china-football-captain-zhang-linpeng-quits-after-2-2-draw-with-singapore
How HSBC Transformed Its Customer Experience - SPONSOR CONTENT FROM HSBC: Sponsor content from HSBC.
hbr.org/sponsored/2024/03/how-hsbc-transformed-its-customer-experience
Morning Bid: Volatile yuan, fragile yen cool sentiment: A look at the day ahead in Asian markets.
reuters.com/markets/asia/global-markets-view-asia-graphic-pix-2024-03-25/
How Patuá, the ‘critically endangered’ creole language of Macau, is being rescued by a younger generation
scmp.com/native/lifestyle/travel-leisure/topics/macau-original-melting-pot/article/3256200/how-patua-critically-endangered-creole-language-macau-being-rescued-younger-generation
Cathay Pacific budget carrier HK Express eyes mainland China for expansion, aims to boost capacity
scmp.com/news/hong-kong/transport/article/3256836/cathay-pacifics-budget-carrier-hk-express-eyes-mainland-china-expansion-aims-boost-capacity
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Hong Kong, GBA Employers Grew Less Optimistic on Hiring in 2024: Hong Kong and Greater Bay Area employers became less optimistic on hiring this year as bonus ...
bloomberg.com/news/articles/2024-03-14/hong-kong-gba-employers-grew-less-optimistic-on-hiring-in-2024
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Hong Kong welcomes 100,000 visitors this month on 20 cruise ships, as Serenade of the Seas arrives for first-time visit
scmp.com/news/hong-kong/transport/article/3256898/hong-kong-welcomes-100000-visitors-month-20-cruise-ships-serenade-seas-arrives-first-time-visit
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An AI-driven “factory of drugs” claims to have hit a big milestone: Insilico is part of a wave of companies betting on AI as the "next amazing revolution" in ...
technologyreview.com/2024/03/20/1089939/a-wave-of-drugs-dreamed-up-by-ai-is-on-its-way/
Quick Glance: UN adopts groundbreaking global AI resolution
- The resolution underscores the need for guidelines for safe, trustworthy AI systems and excludes military AI.
- It promotes the positive potentials of AI, calls for bridging digital divides and ensuring equitable access to achieve UN Sustainable Development Goals.
- The resolution was a step forward to address the promises and risks of AI, aiming to support developing countries.
- Concerns regarding negative impacts of AI on human rights and data protection are highlighted, emphasizing the need for responsible regulation of the technology.
Cathay Pacific posts first annual profit since 2019: Cathay Pacific reported its first annual profit in four years as the airline left behind the pandemic-linked ...
reuters.com/business/aerospace-defense/cathay-pacific-posts-first-annual-profit-four-years-2024-03-13/
Chief Executive John Lee signs the Safeguarding National Security Ordinance into law, effective March 23, 2024. Photo: GovHK. Full coverage: hongkongfp.com/article23-security-law/
Quick Glance: Australia and Britain Condemn China's Actions in Hong Kong and South China Sea
- Australia and Britain criticized China for its actions in Hong Kong and the South China Sea, as well as its support of Russia.
- In a statement following a meeting where London and Canberra deepened their security ties, the two countries expressed concerns about security and rights in Hong Kong, as well as human rights abuses in China.
- The ministers also strongly criticized Russia's invasion of Ukraine and called on China to play a role in ending the conflict.
- They also warned of the potentially severe consequences of an Israeli ground invasion of Rafah in the Gaza Strip.
Bank of China (Hong Kong) pioneers Greater Bay Area home mortgage solutions for Hong Kong residents
scmp.com/presented/business/topics/seamless-mortgage-experience-all/article/3253653/bank-china-hong-kong-pioneers-greater-bay-area-home-mortgage-solutions-hong-kong-residents
Macau’s final race meeting arrives: ‘Everyone is just going through the motions’: After a whirlwind 75 days of uncertainty and sadness, Macau will host horse ...
scmp.com/sport/racing/article/3257244/macaus-final-race-meeting-arrives-everyone-just-going-through-motions
Tyson Foods to close Iowa pork plant with 1,200 workers: Tyson Foods will permanently close a pork plant in Perry, Iowa, the meatpacker said on Monday ...
reuters.com/markets/commodities/tyson-foods-close-iowa-pork-plant-with-1200-workers-2024-03-11/
DBS bank customers can expect greater peace of mind when transferring funds: The bank is confident of 15% to 17% ROE in the next 3 to 5 years.
straitstimes.com/business/dbs-bank-customers-to-expect-greater-peace-of-mind-when-transferring-funds
Greater Bay Airlines launches Singapore-Hong Kong flights, one-way fares from RM288
thestar.com.my/aseanplus/aseanplus-news/2024/03/26/greater-bay-airlines-launches-singapore-hong-kong-flights-one-way-fares-from-rm288
Chinese developer Vanke's credit pursuit clouded by clamour for collateral: A rare Beijing directive to help Vanke beat a liquidity crisis has left lenders ...
reuters.com/markets/asia/chinese-developer-vankes-credit-pursuit-clouded-by-clamour-collateral-2024-03-19/
UAE prince and Hong Kong, Xi’s policy shift, Singapore ‘Asia’s happiest country’ again: SCMP’s 7 highlights of the week
scmp.com/week-asia/article/3257162/uae-prince-and-hong-kong-xis-policy-shift-singapore-asias-happiest-country-again-scmps-7-highlights
Crypto exchange OKX receives in-principle approval for Singapore payments licence
reuters.com/technology/crypto-exchange-okx-receives-in-principle-approval-singapore-payments-licence-2024-03-13/
Hong Kong has dropped four places to 86th out of 144 countries and territories in the World Happiness Report. The three-yearly study was released on Wednesday ... Show more
Quick Glance: New Report: Kenya Ranks 114th in Happiness Index
- For the seventh consecutive year, Finland has secured the title of the world's happiest country, with Kenya ranking 114th out of a total of 143 countries. Conversely, Afghanistan finds itself at the bottom of the ranking as the unhappiest nation.
- The latest findings were unveiled on March 20, 2024, coinciding with the International Day of Happiness.
- This annual report relies on six key factors, encompassing social support, income, health, freedom, generosity, and absence of corruption. The economic dimension serves as a pivotal gauge for happiness levels across different nations.
- Attaining happiness is contingent on various elements like career progression and tackling specific challenges. The United Nations advocates for a harmonized economic growth strategy that fosters happiness and well-being for all.
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Hev Abi will hold a concert at the New Frontier Theater in Cubao, Quezon City, on April 28, 2024, the rapper announces on his Facebook ... Show more
Hong Kong’s Cathay Pacific insists it must stick to prudent spending, holds off on passenger perks
scmp.com/news/hong-kong/transport/article/3256295/hong-kongs-cathay-pacific-insists-it-must-stick-prudent-spending-holds-passenger-perks
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Catlin beats Puig in playoff to win International Series Macau: American John Catlin won the International Series Macau title on the second playoff hole on ...
reuters.com/sports/golf/catlin-beats-puig-playoff-win-international-series-macau-2024-03-17/
Qatar museum director sees International Cultural Summit in Hong Kong as a chance to learn from the city and tell the world what Doha is doing
scmp.com/lifestyle/arts-culture/article/3255835/qatar-museum-director-sees-international-cultural-summit-hong-kong-chance-learn-city-and-tell-world
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Insurer AIA's 2023 new business value soars on strong Hong Kong sales: AIA Group reported a 33% jump in its annual value of new business (VONB) on Thursday as ...
reuters.com/business/finance/insurer-aias-2023-new-business-value-soars-strong-hong-kong-sales-2024-03-13/
Plastic not fantastic: is Hong Kong ready for ban on throwaway items starting next month?
scmp.com/news/hong-kong/health-environment/article/3256276/plastic-not-fantastic-what-are-new-hong-kong-rules-throwaway-items-be-banned-next-month
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Hong Kong’s arts hub to welcome works, shows from top institutions in France, Qatar and Greater Bay Area in coming years, as John Lee touts East-West role
scmp.com/news/hong-kong/hong-kong-economy/article/3256619/hong-kongs-arts-hub-welcome-works-shows-top-institutions-france-qatar-and-greater-bay-area-coming
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From a Rohingya refugee boat capsizing in Indonesia to a new Banksy painting in London, here is a collection of some of the best pictures taken last week ... Show more
Hongkongers can expect lower airfares this year as flag carrier Cathay Pacific predicts flight supply to return to ‘normal’
scmp.com/news/hong-kong/hong-kong-economy/article/3256408/hongkongers-can-expect-lower-air-fares-year-flag-carrier-cathay-pacific-predicting-return-normal
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Analysis: Cards stacked against China in deterring citizens from gambling overseas despite fresh warnings
channelnewsasia.com/asia/china-gambling-overseas-casino-warning-illegal-asia-embassy-macao-4211111
HSBC to hire almost 50 bankers for startup, venture lending in US: HSBC is planning to recruit about 50 more bankers in its U.S. commercial bank to lend to ...
reuters.com/business/finance/hsbc-hire-almost-50-bankers-startup-venture-lending-us-2024-03-11/
Overhead power line collapses on minibus, 2 lamp posts on busy road in Hong Kong’s New Territories
scmp.com/news/hong-kong/transport/article/3255919/overhead-power-line-collapses-minibus-2-lamp-posts-busy-road-hong-kongs-new-territories
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Mainland Chinese investors flood Hong Kong property market. Here’s why : Following the removal of additional stamp duties on foreign buyers, mainland Chinese ...
wionews.com/business-economy/mainland-chinese-investors-flood-hong-kong-property-market-heres-why-702188
Discover the best new hotels in Amsterdam in 2024: Amsterdam’s journey from a quaint, bucolic village at the lade of Amstel to becoming the resplendent ...
asiaone.com/lifestyle/discover-best-new-hotels-amsterdam-2024
The rise and fall of Sam Bankman-Fried, from cryptocurrency fame to prison sentence
qz.com/sam-bankman-fried-ftx-sbf-rise-fall-prison-sentence-1851354212
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Quick Glance: The Rise and Fall of Sam Bankman-Fried: Unrepentant Ex-Mogul Faces Lengthy Prison Term
- Sam Bankman-Fried, founder of FTX cryptocurrency exchange, was found guilty of wire fraud and money laundering conspiracy.
- Prosecutors urged a 40 to 50-year sentence to emphasize the severity of harm to victims and deter financial misconduct.
- Victims shared impact statements detailing loss of savings and financial distress caused by Bankman-Fried's actions.
- Once a prominent figure in the crypto world, Bankman-Fried faced accusations of embezzling funds and engaging in fraudulent activities.
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Stock Market Today: Dow, S&P Live Updates for March 27: Stocks in Asia were mixed after US benchmarks wiped out gains in the final half hour of trading ...
bloomberg.com/news/articles/2024-03-26/stock-market-today-dow-s-p-live-updates
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Cafe role-play helps to bring back memories for elderly Hong Kong care home residents with dementia
scmp.com/news/hong-kong/society/article/3255138/cafe-role-play-helps-bring-back-memories-elderly-hong-kong-care-home-residents-dementia
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UBS to Nearly Double Planned HK Office and Occupy Entire Tower: UBS Group AG will lease an entire 14-story office tower in Hong Kong — almost double the space it ...
bloomberg.com/news/articles/2024-03-27/ubs-to-nearly-double-planned-hk-office-and-occupy-entire-tower
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HSBC HK, Traders Indicted in Seoul Over Short Selling Claims: HSBC Holdings Plc’s Hong Kong unit and three of its traders were indicted by South Korean ...
bloomberg.com/news/articles/2024-03-28/hsbc-hk-traders-indicted-in-seoul-over-short-selling-claims
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Martin Lewis reveals how you can get £200 'free cash' today: Loyalty doesn't always pay off. There are currently five banks offering up to £200 if you ...
metro.co.uk/2024/03/27/martin-lewis-reveals-can-get-200-free-cash-today-20540468/
Investing in the dragon: Exploring China's deep discounts and investment opportunities - News | Khaleej Times
khaleejtimes.com/business/economy/investing-in-the-dragon-exploring-chinas-deep-discounts-and-investment-opportunities
GBA launches National Academy Training Programme - Guyana Chronicle: IN what can only be described as a move of historic proportions, the Guyana Boxing ...
guyanachronicle.com/2024/03/29/gba-launches-national-academy-training-programme/
This Amazon deal gets you two perfumes for under £30 🤩👌 www.walesonline.co.uk/whats-on/shopping/amazon-deal-gets-fragrance-fans-28902225 (contains affiliate links)
First Pacific Co Ltd (FPAFY) Q4 2023 Earnings Call Transcript: First Pacific Co Ltd (OTCPK:FPAFY) Q4 2023 Earnings Conference Call March 27 ...
seekingalpha.com/article/4680725-first-pacific-co-ltd-fpafy-q4-2023-earnings-call-transcript
CX Daily: TikTok’s High Stakes Battle Against U.S. Ban Threatens Worldwide Expansion - mailchi.mp/caixin/cx-daily-june-9-asias-ruined-run-of-pandemic-success-279511
Tottenham Hotspur to swap front of shirt logo in support of Philippines-based breast cancer charity
tottenhamhotspur.com/news/2024/march/tottenham-hotspur-to-swap-front-of-shirt-logo-in-support-of-philippines-based-breast-cancer-charity/
Samsgung QN90D first look: setting the bar for 2024: Samsung's latest-gen QLED made improvements exactly where it needed them and once again sets the bar ...
digitaltrends.com/home-theater/samsung-qn90d-tv-first-look/
Zotac Unveils Small And Mighty AI Mini PCs With Intel And AMD CPU Options: The first Meteor Lake and AMD Phoenix based Zotac Zbox Mini-PCs are here ...
hothardware.com/news/zotac-first-ai-zbox
Recovery among Asia-Pacific airlines continues as traffic rises in February 2024
aerotime.aero/articles/aapa-traffic-figures-february-2024
TCL is soon launching a 115-inch version of its flagship 4K QD-Mini-LED TV: A 115-inch variant of TCL's premium X955 TV is now available to order on German and ...
techspot.com/news/102419-tcl-soon-launch-115-inch-variant-x955-europe.html
HSBC’s Top Tech Banker Winston Cheng Exits to Join Tech Firm: HSBC Holdings Plc’s global co-head of technology, media and telecom Winston Cheng is leaving the ...
bloomberg.com/news/articles/2024-03-25/hsbc-s-top-tech-banker-winston-cheng-exits-to-join-tech-firm
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CX Daily: China IPO Slowdown Pits Startups Against Investors - mailchi.mp/caixin/cx-daily-june-9-asias-ruined-run-of-pandemic-success-279504
FTX fraudster SBF: It won't be 110 years in prison, but maybe for life: Up to 110 years in prison for fraudsters Bankman-Fried says the law. The authority ...
heise.de/news/FTX-Betrueger-SBF-110-Jahre-Haft-werden-s-nicht-doch-vielleicht-lebenslang-9669505.html
'Beautiful' designer perfume 'fit for royalty' just £22 in Amazon sale: The Vera Wang Princess perfume gone down a treat with Amazon shoppers as they save a ...
devonlive.com/whats-on/shopping/beautiful-designer-perfume-fit-royalty-9186645
First Direct brings back £175 switching offer – what's the catch?: There's currently five switching offers to pick from
which.co.uk/news/article/first-direct-brings-back-175-switching-offer-whats-the-catch-aw1tE4Z3pyBk
Central Refereeing Committee rejects claims about closed-door virtual meeting held with Turkish Football Federation President Büyükekşiwww.dailysabah.com/sports/football/turkiyes-football-refereeing-board-rejects-claims-on-leaked-meeting
Best TV deals from Amazon's Big Spring Sale: Cheap LED and QLED options from Hisense, TCL, and Roku
mashable.com/article/best-amazon-big-spring-sale-tv-deals
Gigaset: End for the Smart Home/Care business: Gigaset's Smart Home/Care division is discontinuing its services as of March 29. Customers must submit any claims ...
heise.de/news/Gigaset-Ende-fuer-das-Smart-Home-Care-Geschaeft-9666124.html
Chief Executive John Lee on Monday accepted the recommendation of the Judicial Officers Recommendation Commission for the appointment of James Leslie Bain ... Show more
The first drugs found by AIs are coming: Companies like Insilico Medicine want to use AI to find new active ingredients more quickly ...
heise.de/hintergrund/Die-ersten-von-KIs-gefundenen-Medikamente-kommen-9663211.html
4 UAE banks help raise Dh4.25-billion syndicated loan for Africa - News | Khaleej Times
khaleejtimes.com/business/finance/4-uae-banks-help-raise-dh4-25-billion-syndicated-loan-for-africa
Geforce RTX 4070 Ti Super: Classic custom designs only occupy two slots in the housing
pcgameshardware.de/Geforce-RTX-4070-Ti-Super-Grafikkarte-280115/News/Manli-GeForce-RTX-4070-Ti-Super-Gallardo-1443772/
New trailer for the action RPG Soulframe shows gameplay and story: The new MMORPG from the makers of Warframe has been quiet for a long time. Now ...
pcgames.de/Soulframe-Spiel-74370/News/MMO-MMORPG-Warframe-Fantasy-Action-RPG-1443753/
Indian stock market: 7 key things that changed for market overnight - Gift Nifty, US Fed to China’s loan prime rates | Mint
livemint.com/market/stock-market-news/indian-stock-market-7-key-things-that-changed-for-market-overnight-gift-nifty-china-s-loan-prime-rates-to-oil-prices-11710899376606.html
Beijing Picks Up 'Strong Message': Air Force Escalates US-China Arms Race with Latest Hypersonic Missile Test
techtimes.com/articles/302857/20240322/us-air-force-escalates-us-china-arms-race-with-latest-hypersonic-missile-test.htm
The most innovative companies in food for 2024: Why J.M. Smucker, Driscoll’s, Chomps, and Scout are among Fast Company’s Most Innovative Companies in the food ...
fastcompany.com/91038925/food-most-innovative-companies-2024
Shares in Australia, HK edges higher, while Japan, China stocks decline: Treasuries were mostly steady following a rally on Friday that wiped seven basis points ...
business-standard.com/world-news/shares-in-australia-hk-edges-higher-while-japan-china-stocks-decline-124032500376_1.html
Smithfield funds $250K scholarship at Mount Olive University: Smithfield Foods has established a $250,000 endowed scholarship programme at University of Mount ...
newfoodmagazine.com/news/226074/smithfield-funds-250k-scholarship-at-mount-olive-university/
Poulter hoping data-driven approach can secure victory in Macau: Englishman is looking to get back to winning ways at the International Series event
gulfnews.com/sport/golf-in-uae/world/poulter-hoping-data-driven-approach-can-secure-victory-in-macau-1.1710317276593
Palazzo Versace Opens in Macau: Located within the Grand Lisboa Palace Resort Macau, Palazzo Versace offers 271 rooms and suites across 12 floors.
wwd.com/business-news/real-estate/palazzo-versace-macau-1236285605/
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