case

Huawei’s Meng Wanzhou loses key decision in extradition case

NEW YORK — A Canadian judge on Wednesday ruled that the extradition trial of Meng Wanzhou, Huawei’s chief financial officer, will move on to the next stage as the premise of the extradition request — “double criminality” — is met.

“On the question of law posed, I conclude that, as a matter of law, the double criminality requirement for extradition is capable of being met in this case. The effects of the U.S. sanctions may properly play a role in the double criminality analysis as part of the background or context against which the alleged conduct is examined,” wrote Associate

Read More

Huawei executive loses key decision in extradition case

NEW YORK — A Canadian judge on Wednesday ruled that Huawei CFO Meng Wanzhou’s extradition trial will move on to the next stage as the premise of the extradition request — “double criminality” — is met.

“On the question of law posed, I conclude that, as a matter of law, the double criminality requirement for extradition is capable of being met in this case. The effects of the U.S. sanctions may properly play a role in the double criminality analysis as part of the background or context against which the alleged conduct is examined,” wrote Associate Chief Justice Heather Holmes

Read More

Coronavirus latest: Singapore case count exceeds 30,000

The Nikkei Asian Review is tracking the spread of the new coronavirus that originated in the central Chinese city of Wuhan.

Global cases have reached 5,101,400, according to Johns Hopkins University.

The worldwide death toll has hit 332,876.

To see how the disease has spread, view our virus tracker charts:


(Source photo by AP) 

Here are the latest developments (Tokyo time):

Friday, May 22

6:26 p.m. Indonesia reports 634 new coronavirus cases Friday, compared with 973 on Thursday, and 48 deaths, bringing its total case count to 20,796, including 1,326 deaths.

5:50 p.m. Taiwan’s unemployment rate reaches 4.1%

Read More

Will house prices fall, and what has to happen for a worst case 30pc market crash?

The property market is in unprecedented territory. Newly agreed sales have fallen by 90pc since lockdown, according to the property portal Zoopla. This is a product of the housing market freeze, as sales effectively cannot happen.

As the number of properties sold recently has plunged to such a low level, it is no longer possible to measure house prices, according to the Office for National Statistics (ONS). As a result, it has suspended its house price index. 

This means that April’s data, which are published in June and reflect agreed sales before the housing market freeze, will be the last 

Read More