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Singapore oil tycoon Lim Oon Kuin has been sentenced to 17 and a half years in jail for cheating HSBC Holdings Plc and instigating forgery in a case that has shaken the city-state’s commodity-trading community and left banks nursing hefty…

The Supreme Court’s ruling on November 7 to liquidate Jet Airways effectively closed the chapter on attempts to revive the once-prominent Indian airline. The verdict followed a prolonged legal dispute that saw the Jalan Kalrock Consortium (JKC), Jet’s winning bidder,…