The Obama administration declared victory on Sunday in its effort to get HealthCare.gov working smoothly for the vast majority of users, saying the site had reached a goal of handling 50,000 simultaneous users after a five-week "tech surge."
Legal & Regulatory
Report says British Chancellor George Osborne considering tax relief for venture capital industry
According to a report on The Telegraph, British Chancellor George Osborne is said to be thinking of modifying the rules in the country's Enterprise Investment Scheme or EIS to boost investment in the venture capital industry.
Japan sees Yakuza branching out to startup investing, insider trading, corporate lending - AFP
A report by Agence France-Presse (AFP)recounted the difficulties of curbing the links between corporate Japan and the yakuza, and how some of the country's major banks adopted a laissez-faire compliance in eradicating mob ties.
Chinese regulators plans resumption of IPOs in China next month
After a 14-month freeze on initial public offerings, the China Securities Regulatory Commission said it expects a resumption of public listings by January next year.
Hong Kong's HK$100B offshore investment proposal could take a long time for approval
Bankers and brokers believe that QDII3, a HKD100 billion investment scheme in Shenzen's Qianhai economic zone designed to allow offshore investment in Hong Kong, could take a long time before Beijing approves it.
Latest News
A final deal between Repsol and YPF on compensation for the seizure of the Spanish oil major's stake in its Argentine counterpart is likely before the year-end, a Pemex board member at Repsol said in an interview on Saturday.
A Bloomberg recounted how the Federal Trade Commission's decision to approve the USD2.3 billion buyout deal by Hertz Global Holdings Inc of Dollar Thrifty Automotive Group Inc was a mistake.
Bloomberg obtained information from two sources who were aware of the plans by the Basel Committee on Banking Supervision to sign drafts regarding capital requirements on banks worldwide who holds securitizations.
Chuck Reed, the Mayor of San Jose, California, is leading a statewide voter initiative that aims to reduce skyrocketing costs of pension plans and retiree healthcare.
Aussie Treasurer Hockey to approve plans of ADM to increase stake in GrainCorp instead of a takeover
Both Archer-Daniels-Midland Co. and GrainCorp Ltd expressed their disappointment over the ruling of Australian Treasurer Joe Hockey regarding the US corn processor's takeover of one of the largest crop handlers in Australia.
Chile-based drug firm CFR Pharmaceuticals promised a 25.1% stake for its black shareholders should the acquisition of local pharmaceutical company Adcock Ingram be approved, in line with South Africa's black economic empowerment (BEE) codes.
The central bank of Brazil said the country's monetary policy stands to be compromised if the Supreme Court rules against the nation's largest lenders for implementing government rules to fight hyperinflation in the past.
The central bank of the Philippines approved the merger between China Bank Savings In and rural bank Unity Bank Inc, expanding China Bank's network to 90 branches.
A new research from TABB Group Europe showed that almost 90% of institutional investors in Europe were concerned about the proposed restrictions of dark trading.
