Many Filipinos say floods are worse than ever — and now, the government has admitted that vast sums were embezzled from a ...

Allegations of widespread government corruption in flood infrastructure projects worth billions of dollars forced out two ministers from President Ferdinand Marcos Jr.’s cabinet on Nov. 17, as ...

Thousands of protesters in the Philippine capital are expressing outrage over a corruption scandal involving lawmakers, officials and businesspeople who allegedly pocketed huge kickbacks from ...

MANILA, Philippines (AP) — Philippine President Ferdinand Marcos Jr. said Thursday that many of at least 37 powerful senators, members of Congress and wealthy businesspeople implicated in a massive ...

Tom Hayes, the former trader who became the face of the Libor scandal, sued UBS UBS1.45%increase; green up pointing triangle on Monday for $400 million in damages, alleging his former employer made ...

Tom Hayes, the former British trader jailed over the Libor interest rate scandal, has filed a $400 million lawsuit against UBS, alleging "malicious prosecution and corporate scapegoating" by his ...

BOSTON/LONDON (Reuters) - Some of the world's largest insurers for corporate directors and officers could be on the hook for hundreds of millions of dollars in claims over the next few years to cover ...