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Why these two Russian metal stocks are forging their way back into Hong Kong investors’ hearts

Shares in Rusal, the world’s second-largest aluminium producer, have surged by 71 per cent since the United States signalled its intention seven weeks ago to lift sanctions against the company. But can the Hong Kong-listed stock rise further? It is possible, according to some analysts who said they considered the stock to be undervalued. The Moscow-based company has been beaten down by a geopolitical spat between the US and Russia, which led last April to US sanctions against 23 Russian heavyweights and the firms they control, including Rusal. US sanctions-hit…

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Singapore 

Lawyer struck off rolls for forging degree results, Singapore News

A young lawyer hoping to improve her chances of getting a job in the Singapore Legal Service submitted a forged transcript that reflected better grades in 2013. The 25-year-old did not land the job. When Ms Jaya Anil Kumar applied a second time more than three years later, she doctored her National University of Singapore (NUS) law degree certificate. Yesterday, Ms Jaya, now 30, was struck off the rolls. Called to the Bar in July 2012, she had not applied for a practising certificate since August 2014. The Law Society…

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Singapore 

Policewoman jailed 5 months for forging statement of alleged molestation victim, Singapore News

SINGAPORE – When a senior police officer was unable to meet an alleged molestation victim to interview her, she decided to speed up the investigation by forging the woman’s statement. Kalaivani Kalimuthu’s account gave the impression that the alleged victim did not mind being touched and recommended that no further action be taken. But when the woman was interviewed later, she denied making the statement – and the senior staff sergeant’s deceit was uncovered. Kalaivani was sentenced to five months’ jail on Tuesday (Jan 8) after pleading guilty last month…

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