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| Insider traders in U.S. face longer prison terms, Reuters analysis shows | |  The rise is at least partly driven by the bigger profits being earned through the illegal schemes, defense lawyers said. The trend is likely to continue on Monday when former SAC Capital Advisors manager Mathew Martoma is sentenced for what prosecutors have called the most lucrative insider trading case ever brought. In the five-year period ending December 2013, insider trading defendants received an average sentence of 17.3 months, up from 13.1 months during the previous five years, or a 31.8 percent increase, the analysis of 207 insider trading sentences shows. Cases that were reversed on appeal were excluded from the study. The number of cases has increased, with 57 percent of the sentences imposed in the past five years. The last three years alone have seen two record sentences.
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| Afghan turmoil threatens NATO's "mission accomplished" plans | |  By Adrian Croft and Mirwais Harooni BRUSSELS/KABUL (Reuters) - NATO will declare "mission accomplished" this week as it winds down more than a decade of operations in Afghanistan but departing combat troops look likely to leave behind political turmoil and an emboldened insurgency. NATO had hoped its summit in Wales on Thursday and Friday would herald a smooth handover of security at the end of this year from the NATO-led International Security Assistance Force (ISAF) to Afghan forces. The 28-nation alliance had also hoped to celebrate Afghanistan's first democratic transfer of power by inviting a new president to share the spotlight with U.S. Instead, NATO diplomats privately admit that the backdrop to the summit is the "worst case scenario".
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| Malaysian law professor charged in crackdown on dissent | | | By Stuart Grudgings KUALA LUMPUR (Reuters) - Malaysian prosecutors charged a high-profile law professor with sedition on Tuesday for an opinion he voiced on a political crisis that occurred five years ago, extending a recent crackdown on dissent from opposition politicians to academia. Lawyers said the charge against Azmi Sharom, a lecturer at the University of Malaya in Kuala Lumpur and who writes a regular newspaper column, could have a chilling effect on freedom of speech as the government wavers on its pledges to expand civil liberties. ... |
| Hong Kong pro-democracy group says support fizzles - Bloomberg | |  A Hong Kong pro-democracy movement that has threatened to blockade the financial district to protest against Beijing ruling out full democracy for the city said support for the group has dwindled, Bloomberg reported on Tuesday. "The number of people joining us will not be as big as we expect, because of the very pragmatic thinking of Hong Kong people," Occupy Central with Love and Peace founder Benny Tai told Bloomberg. Tai had originally said he expected 10,000 demonstrators to lock down the heart of the Asian financial centre - home to global companies and banks such as HSBC Holdings and Standard Chartered - to protest against Beijing ruling out full democracy in elections for the city's leader in 2017. He said that number was now "maybe" possible, according to Bloomberg.
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| Philippines Congress dismisses impeachment motions against Aquino | |  Lawmakers allied with Philippine President Benigno Aquino on Tuesday threw out three impeachment motions in the House of Representatives, the first political challenge to the popular leader in four years. The impeachment motions stemmed from Aquino's controversial economic stimulus fund, which the Supreme Court declared partly illegal in July, and a new military agreement with the United States. Voting 54-4, the justice panel in the lower house of Congress declared the complaints "insufficient in substance", dismissing the three motions only after two hearings. "This is a terrible day for the Filipino people," said Neri Colmenares, a left-wing member of Congress.
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| Pakistan PM chairs joint parliament session as crisis deepens | |  By Syed Raza Hassan ISLAMABAD (Reuters) - Pakistani Prime Minister Nawaz Sharif chaired a joint session of parliament on Tuesday as a deepening crisis over violent protests demanding his resignation prompted fears of an army intervention. It is a rebellion against the state of Pakistan," Interior Minister Chaudhry Nisar told parliament. ... They are not revolutionaries, they are intruders and terrorists," he said of the protesters. Pakistan has been in turmoil since mid-August when tens of thousands of protesters led by Imran Khan, a former hero cricket player, and outspoken cleric Tahir ul-Qadri flooded into the capital Islamabad refusing to leave unless Sharif resigns.
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| U.S. business lobby says concerned China antitrust probes unfair | |  By Michael Martina BEIJING (Reuters) - Foreign companies are increasingly concerned they are being targeted by Chinese regulators, a U.S. There are growing perceptions that multinational firms are under "selective and subjective enforcement" using "legal and extra-legal approaches", the Chamber said in a report. A survey of 164 members showed 49 percent of respondents felt foreign companies were being singled out in recent pricing and anti-corruption campaigns, compared to 40 percent in a late 2013 survey of 365 members.
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| British rights activist faces libel trial in Thailand | | | The trial comes as civil society groups voice increasing concern over what they say is a rise in the number of criminal defamation cases brought by the military against rights workers and journalists in an attempt to silence them. The military has ruled in Thailand since a May 22 coup. Tuesday's trial concerns the first of four cases brought against Andy Hall, 34, by Natural Fruit Co. Ltd, one of Thailand's largest pineapple processors and a major supplier of fruit drinks to the European market, to go to court. Natural Fruit accuses Hall of libel in a report published in 2013 that he helped author for Finnwatch, a Finland-based watchdog group. |
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