Hong Kong's adherence to its rules may force the IPO of Alibaba to be done elsewhere. The largest shareholders of the Alibaba Group have backed the partnership structure proposed by the company that was the central issue of a debate as to the permission to list its shares in the bourse.
Industry
ESMA seeks to have levies imposed on non-EU clearing houses
The European Securities and Markets Authority had sought for the imposition of a levy for non EU clearing house operators.
Polish Central Bank Governor says do business "in a smart and intelligent way"
Marek Belka, Poland's Central Bank Governor, had urged local banks to find opportunities through purchase of local rivals that are owned by foreign banks.
CFTC reminds investors of intent of Dodd-Frank Act
The CFTC warned that all buyers must be allowed to participate and operations need to be transparent as required by the Dodd-Frank Act.
Rates increases may dampen US real estate recovery
Real estate prices would not be picking up soon due to worry over rising borrowing cost rates, according to economist sentiments gathered by Reuters.
Latest News
In an unprecedented sweep, several Japanese firms and their executives have been charged with conspiracy to undertake price fixing and agreed to settle amounts with the US Justice Department.
New product offers have been made by NASDAQ OMX such as USD10,000 contracts for its clients in the currency market.
JPMorgan Chase & Co are deep in the negotiations to settle the probes conducted at the state and federal levels.
The major technology bourses NYSE Euronext and NASDAQ OMX Group was required by regulators to improve the technology as to back up feeds.
France and the European Union are conducting inquiries as to the tactics employed by Apple that would violate antitrust regulations.
Megafon is discussing with small lending institutions as to the eventual integration of banking services with its telecommunications services.
Several top private equity firms had expressed in a convention that Africa would be seeing an influx of investments in the near future.
Saudi Arabia's taxi business is in chaos with the conflicting regulations, leading to the pull out of investors.
GM debt had been upgraded by Moody's Investment Service to investment grade from junk status. General Motors' debt to investment grade status had been restored by Moody's Investment Service to investment grade.
