Sources: Xinhua
The Indonesian Attorney General’s Office arrests three executives of state-owned oil and gas company Pertamina on charges of corruption and fraud regarding gasoline quality that cost the government more than $11 billion USD. $2025-02-25
The High Court of Seoul, South Korea, orders Japan to pay compensation of ₩200 million (around 22 million or US$154,000) to 16 comfort women, overturning a previous ruling that denied the women's claims due to sovereign immunity. $2023-11-23
Fox News and Dominion Voting Systems reach a US$787.5 million settlement in the defamation lawsuit, which was initially filed against the network in March 2021 for spreading false claims about the company regarding the 2020 United States presidential election. $2023-04-18
A United States grand jury awards former professional basketball player Kobe Bryant's widow, Vanessa Bryant, $16 million against the Los Angeles County sheriff's and fire departments for releasing graphic photographs of the former player, their 13-year-old daughter, and the other victims of the helicopter crash. Another victim's widow receives $15 million. $2022-08-24
Salvadoran President Nayib Bukele announces at a Bitcoin conference in Florida that his country will adopt the cryptocurrency as legal tender alongside the U.S. dollar, making El Salvador the first country to do so. He plans to introduce the relevant legislation to the Legislative Assembly next week. $2021-06-5
Polish Prime Minister Mateusz Morawiecki proposes a €1 billion (US$1.2 billion) stabilization fund by the European Central Bank to revitalize the Belarusian economy amid the protests. $2020-09-17
Wells Fargo bank is fined US$1 billion by the United States government for mishandling of mortgages and automobile loans. Wells Fargo is also ordered to reimburse customers who were overcharged. $2018-04-20
U.S. District Court for the District of Columbia Judge Ellen S. Huvelle awards Amir Mirza Hekmati, a U.S. Marine who was imprisoned in Iran as a falsely accused CIA spy, a default judgment of $63 million for his ordeal. $2017-10-3
Creditors offer Puerto Rico's highly leveraged power authority $2 billion in new financing, including $1.2 billion for a new natural gas operation, in exchange for assurances that it will repay its debt. $2015-03-30
The Federal Reserve System starts a new campaign of increasing the money supply, the expected so-called QE3. But it says it buys mortgage-backed securities in an "open-ended" way, essentially "creating" 40 billion US$ each month. The Fed also considers other measures in a bid to stimulate the economy. $2012-09-13