Hong Kong police have arrested three men in connection with a HK$10 million (US$1.28 million) knifepoint robbery in Sheung Wan, the latest in a string of such cases targeting people exchanging foreign currency. Superintendent Lo Ka-chun said on Friday that officers had earlier received a tip-off that a criminal syndicate would attempt a robbery, prompting…
Hong Kong was shaken last week by a 51 million yen (US$327,560) robbery, after two staff members from a Japanese currency exchange company reported that their cash was stolen outside a money changer in Sheung Wan. The two Japanese men told officers they had made an appointment to exchange about 190 million yen at a…
Like many long-time reporters in Hong Kong, I had occasional dealings with David Webb, the market transparency and shareholder rights crusader who died this week of prostate cancer at the relatively young age of 60. Almost all of my encounters with him over the years were annoying and slightly unpleasant. But they made me respect…
China is highlighting its success in joint law enforcement with the sentencing of two men in a drug-related money laundering case following a tip-off from the United States. The People’s Daily stated on Saturday that officers in Shenyang, in northeast China’s Liaoning province, had received information in April last year from US authorities about a…