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Malaysia's Court of Appeal has upheld a RM169.2mil asset freeze against fugitive businessman Ricky Wong and associates, rejecting their appeals against the High Court injunction. Wong remains wanted on multiple charges.
The founder of Abu Dhabi-based AI startup AppliedAI pleaded guilty to insider trading, having profited from confidential merger details shared by lawyers at prominent US law firms, part of a wider investigation spanning dozens of accused participants.
A US federal judge has rejected Elon Musk's attempt to overturn a jury verdict finding he defrauded Twitter investors during his $44 billion acquisition. Damages could total approximately $2.5 billion.