Month: August 2022

SEOUL, South Korea (AP) — South Korea plans to challenge a World Bank tribunal’s order to pay $216.5 million plus interest to Texas-based Lone Star Funds in their dispute over the private equity firm’s sale of Korea Exchange Bank. Justice Minister Han Dong-hoon called the ruling unacceptable because there was no fault in the way

By MICHAEL R. SISAK and MICHAEL BALSAMO Associated Press Behind a closed chapel office door inside a federal women’s prison in California, a chaplain forced inmates seeking his spiritual guidance to have sex with him — exploiting their faith and their powerlessness behind bars for his own gratification, prosecutors said. James Theodore Highhouse, who pleaded

BERLIN (AP) — German prosecutors have raided the office of JPMorgan Chase & Co. in Frankfurt as part of a broader tax evasion investigation targeting numerous banks in Germany and beyond. Cologne prosecutors said Wednesday that dozens of investigators began searching the offices Tuesday of a Frankfurt-based financial institution and several auditing and tax firms.

By JIM GOMEZ Associated Press MANILA, Philippines (AP) — A psychiatrist who helped fellow Cambodians recover from trauma resulting from the Khmer Rouge’s genocidal rule and a Japanese ophthalmologist who led an effort to treat thousands of Vietnamese villagers are among those selected for this year’s Ramon Magsaysay Awards, regarded as Asia’s version of the

By MARK PRATT Associated Press BOSTON (AP) — There is a silver lining to the drought affecting the northeastern U.S. that has frustrated farmers, dried up rivers and reservoirs, and brought water use restrictions and brush fires to the region. The arid conditions have benefited amusement parks, minor league baseball teams, construction contractors and other