Legal & Regulatory
Fisker's DOE loan bought by Hong Kong consortium
The Department of Energy loan given to the now floundering Fisker was bought out by an investment firm headed by Richard Li.
HSBC unit slapped with record USD2.46 billion final judgment
A decision by US Judge Ronald Guzman put HSBC's Household International Inc liable to pay USD2.46 billion as settlement for misleading its investors.
Evidence in one case used tor LIbOR rigging suit against Barclays
Presented evidence on another case is being used as evidence to prove Barclays' hand in the recent LIbOR rigging scandal.
Poland to sell Euro denominated bonds post US shutdown
Poland, in order to finance the fourth quarter of the year, intended to sell Euro denominated bonds to increase the liquidity.
Latest News
Eateries, tourist services, even larger firms fear for the numbers as a result of the government shutdown that lead to tepid business activity in the country.
Lehman Brothers' Australian creditors had approved a proposed insurance payment plan that allowed the company to receive around USD48 million.
Orient Corp, a Japanese consumer credit company, had been probed by authorities for lending to crime groups with Mizuho Financial Group Inc.
US President Barack Obama had urged the Congress to move along with other agendas after reaching a deal to end the partial shutdown of the country.
The Singapore Stock Exchange had questioned the authority of Asiasons Capital to issue new shares for the acquisition of a stake in a US oil and gas company.
Egyptian telecoms magnate Naguib Sawirirs said that the unclear telecommunications policy in Canada would jeopardize foreign investment.
Richmond resident trustees have filed an appeal on a decision made by US District Judge Charles Breyer dismissing the eminent domain case.
According to officials who sought anonymity, House Speaker John Boehner and other Republican leaders in the House would approve the Senate drafted deal on the debt ceiling and the budget.
A verdict of not guilty was entered by a Dallas jury on the case of insider trading against billionaire Mark Cuban.
The recent privatization of Royal Mail creates an 'equity culture' in the UK. The strong demand for Royal Mail shares could become the watershed moment where retail investors return to share sales.