Posted inAT Finance, India, Malaysia, Singapore, South Asia

AirAsia bribe case in India sends airline’s shares tumbling

An investigation into allegations of bribery involving two former Indian ministers and airline boss Tony Fernandes sent shares of budget carrier AirAsia to a six-month low on Wednesday. The budget airline’s shares fell up to 6.3% in Kuala Lumpur on Wednesday, their lowest level since late November, before edging back up. Indian authorities raided the […]