<div class=newsTextDataWrapInner><p>(Sept 13):&nbsp;Shares of Wells Fargo &amp; Co&nbsp;fell after the bank reached a deal with the Office of the Comptroller of the Currency (OCC) requiring the lender to beef up systems for detecting money laundering and complying with international sanctions.</p></div>

<div class=newsTextDataWrapInner><p>“The bank has begun to take corrective action and has committed to taking all necessary and appropriate steps to remedy the deficiencies identified by the OCC and to enhance its internal controls and financial crimes risk management practices,” the regulator said in an agreement released on Thursday, which doesn’t mention any monetary penalty.</p></div>

<div class=newsTextDataWrapInner><p>The stock tumbled as much as 6.5% before paring losses to 4.3% at 2.16pm&nbsp;in New York.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>“We have been working to address a substantial portion of what’s required in the formal agreement,” the bank said in a separate statement. “And we are committed to completing the work with the same sense of urgency as our other regulatory commitments.”</p></div>

<div class=newsTextDataWrapInner><p><em>Uploaded by Siow Chen Ming</em></p></div>


Shares of Wells Fargo & Co fell after the bank reached a deal with the Office of the Comptroller of the Currency (OCC) requiring the lender to beef up systems for detecting money laundering and complying with international sanctions.

Wells Fargo drops as US seeks fixes to money-laundering controls

Chinese hackers accessed the networks of US broadband providers and obtained information from systems that the federal government uses for court-authorised wiretapping, the Wall Street Journal reported on Saturday.

Chinese hackers breached US court wiretap systems, WSJ reports

France's TotalEnergies is considering a move into trading copper, expanding its oil trading operations into metals to capitalise on the global energy transition, the Financial Times reported on Sunday.

TotalEnergies considers foray into copper trading — report

More than 180 years of horse racing came to an end in Singapore on Saturday, as the Singapore Turf Club hosted its final race day before its track is handed back to the government to provide land for new homes.

Singapore ends 181 years of horse racing to make way for homes

Vietnam reported its strongest economic growth in two years in the quarter to end-September, as strong exports and industrial production and rising foreign investment offset the effects last month of Asia's strongest typhoon so far this year.

Vietnam quarterly growth hits two-year high on exports, investment

The development of stronger cyber security infrastructure as well as tax relief incentives for companies that invest in digital infrastructure are among aspects that the government is expected to focus on in Budget 2025.

Infrastructure development, tax relief needed to boost cyber security — experts 

Malaysia should prioritise investments in agricultural technology (agritech) in Budget 2025 to attract diverse investors, particularly family offices, said an economist.

Priotitise agritech investments under Budget 2025 to draw high-net-worth investors — economist

Italian energy company Eni is in talks with Japan on supplying the country with liquefied natural gas (LNG), Cristian Signoretto, Eni's director for global gas and LNG portfolio, told reporters on the sidelines of a conference on Sunday.

Italy's Eni in talks with Japan on supplying LNG, executive says

Republican nominee Donald Trump rallied supporters at the site of a July assassination attempt, returning to the Pennsylvania venue where a gunman’s bullet bloodied his ear and upended the presidential campaign.

Trump rallies with Elon Musk at site of assassination attempt

US inflation probably moderated at the end of the third quarter, reassuring a Federal Reserve that’s shifting more of its policy focus toward shielding the labour market.

US inflation is set to reassure a labour market-focused Fed

Saudi Arabia raised its main oil prices for buyers in Asia amid heightened volatility in the crude market as traders watch developments in the Middle East conflict.

Saudi Arabia raises Asia oil price as volatility grips market

<p>More than 180 years of horse racing came to an end in Singapore on Saturday, as the Singapore Turf Club hosted its final race day before its track is handed back to the government to provide land for new homes.</p>


<p>Malaysia should prioritise investments in agricultural technology (agritech) in Budget 2025 to attract diverse investors, particularly family offices, said an economist.</p>


<p>The development of stronger cyber security infrastructure as well as tax relief incentives for companies that invest in digital infrastructure are among aspects that the government is expected to focus on in Budget 2025.</p>


<p>Vietnam reported its strongest economic growth in two years in the quarter to end-September, as strong exports and industrial production and rising foreign investment offset the effects last month of Asia's strongest typhoon so far this year.</p>


<p>France's TotalEnergies is considering a move into trading copper, expanding its oil trading operations into metals to capitalise on the global energy transition, the <i>Financial Times</i> reported on Sunday.</p>


<p>Italian energy company Eni is in talks with Japan on supplying the country with liquefied natural gas (LNG), Cristian Signoretto, Eni's director for global gas and LNG portfolio, told reporters on the sidelines of a conference on Sunday.</p>


<p>Chinese hackers accessed the networks of US broadband providers and obtained information from systems that the federal government uses for court-authorised wiretapping, the <i>Wall Street Journal</i> reported on Saturday.</p>
