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- Intense Israeli bombing rocks Beirut ahead of war anniversary
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- Ohtani magic powers Dodgers over Padres in MLB playoff thriller
- Five of the best: Pakistan-England Test thrillers
- Man sets arm on fire as marches across US mark Gaza war anniversary
- Vietnam's young coffee entrepreneurs brew up a revolution
- Trump rallies at site of failed assassination: 'Never quit'
- Too hot by day, Dubai's floodlit beaches are packed at night
- Is music finally reckoning with #MeToo?
- Fans hail Trump's 'guts' as he returns to site of rally shooting
- Lebanon state media says Israeli strikes hit south Beirut
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- Monaco take top spot in Ligue 1 with win at Rennes
- Madrid beat Villarreal to level Liga leaders Barca
- Thuram treble fires Inter past Torino and up to second
- 'Fight': defiant Trump jets in to site of rally shooting
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- Israel on alert ahead of Hamas attack anniversary
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- Macron criticises Israel on Gaza, Lebanon operations
- French rugby player whistled but 'serene' on return amid ongoing rape case
- Retegui hat-trick fires five-star Atalanta to hammering of Genoa
- Heavyweights Australia, England off to World Cup winning starts
- Visiting UN refugee agency chief decries 'terrible crisis' in Lebanon
- Spinners come to party as England defeat Bangladesh at T20 World Cup
- Search continues for missing in deadly Bosnia floods
- Man City sink Fulham to get title bid back on track
- France's Auradou whistled on Pau return in Perpignan loss amid ongoing rape case
- A 'forgotten' valley in storm-hit North Carolina, desperate for help
- Arsenal hit back in style after Southampton scare
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- Liverpool stay top of Premier League as Arsenal, Man City win
- In dank Tour of Emilia, Pogacar shines in rainbow jersey
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- Thousands march in London in support of Palestinians, 1 year after Oct 7
- Israel readying response to Iran missile attack
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- Liverpool extend Premier League lead with win at Palace
- Djokovic 'shakes rust off' to make third round of Shanghai Masters
Vietnam issues arrest warrant for tycoon over stock manipulation
Vietnamese authorities have issued an arrest warrant for one of the country's wealthiest men over allegations he manipulated the stock market, officials said Tuesday.
Trinh Van Quyet, who owns the FLC empire encompassing luxury resorts, golf courses and the budget Bamboo Airways, is one of the richest people in the communist nation.
An arrest warrant for the 46-year-old was issued late Tuesday over allegations he was "manipulating the stock market and hiding information in stocks activities on January 10, resulting in serious losses for investors and badly influencing the activities of the Vietnam stock market", the ministry of public security said.
Officers have begun combing 21 locations for evidence including his home and office, the ministry's statement added, without giving further details.
Quyet set up Bamboo Airways in 2018, betting billions on Southeast Asia's already crowded aviation sector.
Despite doubts over whether the airline could succeed, he told AFP in 2018 that his company would be "huge", promising large profits.
It dramatically expanded after launching its first flights in early 2019 and was aiming to fly to around 40 international destinations earlier this year.
The airline accounts for nearly 20 percent of Vietnam's aviation market, only out-ranked by national carrier Vietnam Airlines and low-cost Vietjet.
FLC's public relations department could not be reached for comment.
A.F.Rosado--PC