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On Nov. 18, China’s Ministry of Public Security announced that authorities in northern Myanmar had handed over some 31,000 suspects. The Kokang Self-Administered Zone and the Wa Self-Administered Division both share a border with China and are heavily influenced by their bigger neighbor. The Ming family are not the only powerful Kokang families caught up in the drive. Wa police handed 194 Chinese nationals to Chinese authorities on Nov. 28, according to Wa's state media, Voice of Wa State. Others say that China is showing it won't tolerate the scams anymore, regardless of how powerful are the people behind them.

Persons: ”, Lu Jiantang, Jason Tower, Ming, Hu Xijin, ” Hu, Wei Qingtao, they’ll, ” Wei, Liu Zhengqi, Ming Xuechang, Kokang, Yin Masan, MNDAA, cyberscammers, Richard Horsey, “, Bai Suocheng, Li Kyar Wen, It’s, Wanqing Chen Organizations: China’s Ministry of Public Security, U.S . Congress, United States Institute of Peace, Communist Party, China’s Communist Party, CCTV, Global Times, of Public Security, Fully, Wa Construction Ministry, Wa Communist Party, Brotherhood Alliance, Arakan Army, Myanmar National Democratic Alliance Army, National Liberation Army, International Crisis Locations: BANGKOK, China, Myanmar, “, Wa, Kokang, Yunnan, Wa State, Shan, Arakan, cyberscams, Beijing

☆ Hwang In-tae: The South Korean referee making history officiating in the NBA
▼ + stars: | 2023-10-31 | by ( Ben Morse | Gawon Bae | ) edition.cnn.com time to read: +8 min

But Hwang In-tae, who is the first Asian staff referee in the NBA, wouldn’t have it any other way. Stephen Gosling/NBAE/Getty ImagesRoute to the topJust like unearthing a future NBA or WNBA star, there is a scouting group to find potential standout NBA referees. Hwang (right) and Shin (middle) before a game at the 2014 Incheon Asian Games with fellow FIBA referee Kim Cheong-soo (left). Courtesy Shin Gi-rokAnd Shin believes that Hwang’s rise will prove to be motivation for others in similar positions to him. “There are few new referees at the Korea Basketball Association right now saying that their goal is to become an NBA referee.

Persons: CNN — You’ve, Hwang, Shin Gi, ” Shin, Shin, ”, “, It’s, Hwang officiates, Stephen Gosling, nbaofficials.com, He’s, ” Hwang, Star Charles Barkley, ” Barkley, CNN’s Chris Wallace, They’re, Both Hwang, Kim Cheong Organizations: CNN, NBA, rok, Busan University of Foreign Studies, CNN Sport, America, Connecticut Sun, Washington Mystics, Korean Basketball League, Olympics, Summer, FIBA, International Basketball Federation, G League, G, WNBA, Washington Post, Star, “, Korean Basketball Association, Incheon, Games, Korea Basketball Association Locations: South Korea, Shin, North America, Spain, Incheon, Masan

☆ Vietnam's Masan secures $200 mln investment from Bain Capital
▼ + stars: | 2023-10-02 | by ( ) www.reuters.com time to read: 1 min

Logo of the Bain Capital is screened at a news conference in Tokyo, Japan September 28, 2017. REUTERS/Kim Kyung-Hoon/File Photo Acquire Licensing RightsHANOI, Oct 2 (Reuters) - Vietnamese conglomerate Masan Group (MSN.HM) has secured funding of at least $200 million from Bain Capital, with the possibility of bringing in other investors to increase that to as much as $500 million, the two entities said on Monday. Proceeds, according to fast-moving consumer goods firm Masan would be used to strengthen the its financial positions. The investment would be in the form of convertible dividend preference share at a price of 85,000 dong ($3.50) per share which can be converted into ordinary shares at a 1:1 conversion ratio, Masan said in a statement. ($1 = 24,310.0000 dong)Reporting by Phuong Nguyen; Editing by Martin PettyOur Standards: The Thomson Reuters Trust Principles.

Persons: Kim Kyung, Phuong Nguyen, Martin Petty Organizations: Bain Capital, REUTERS, Rights, Thomson Locations: Tokyo, Japan, Rights HANOI, Masan

☆ South Korea's SK Group may sell some Southeast Asia assets
▼ + stars: | 2022-12-26 | by ( ) www.reuters.com time to read: +1 min

SEOUL, Dec 26 (Reuters) - South Korea's second-largest conglomerate SK Group (034730.KS) said on Monday it is considering selling some of its assets in Southeast Asia and reinvesting in other businesses in countries in the region, including Vietnam. An SK Group spokesperson said in a statement the conglomerate plans to decide which assets to potentially sell depending on buyers' offers, and is considering reinvesting some of the proceeds from any stake sales in local firms. The statement didn't disclose details of which assets might be sold. The comments came after South Korean newspaper the Korea Economic Daily reported SK's plans late on Sunday citing unnamed investment banking sources. Assets held by SK Group's Southeast Asia investment firm that could be sold, according to the paper, include stakes in Vietnam's Vingroup (VIC.HM), Masan Group (MSN.HM), retail pharmacy chain Pharmacity, retailer VinCommerce and consumer retail platform The Crown X.

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