Legal & Regulatory
Chinese banks must cut coal lending, shift to cleaner businesses: study
China needs to cut lending to coal-related industries and shift more financing to cleaner businesses in order to address a huge funding gap that is hindering the country's war on pollution, a study drawn up in part by central bank researchers said.
China overhauling IPO process, mulls foreign firms listing: report
China will switch to a "registration system" for initial public offerings (IPO), ending the current approval process, the official China Securities Journal reported on Tuesday, a day after parliament began reviewing draft changes to the Securities Law.
Swedish watchdog may raise banks' reserves to cool housing market
Sweden's financial watchdog may increase the amount of capital the country's banks must set aside as reserves in a bid to cool a red-hot housing market, it said on Tuesday.
U.S. presses Mexico to ease poultry import limits brought by bird flu
The United States is pressing Mexico, the top importer of U.S. chickens and turkeys, to relax restrictions imposed on poultry shipments because of an outbreak of a strain of avian flu deadly to birds, an Agriculture Department spokeswoman confirmed on Friday.




