Legal & Regulatory

China accuses CNPC VP of "severe breaches of discipline"

CNPC vice president Wang Yongchun is under investigation from the China Ministry of Supervision due to unspecified breaches of discipline.


Exchange law will help Kwanza trade, says Angolan Central Bank

Exchange law passed last year was done as a step toward increased kwanza trade. According to the Banco de Nacional de Angola, Angola's central bank, the amount of dollars sold at auctions by the central bank has been halved due to a foreign exchange law.

Donald Trump investment school faces $40 million lawsuit

NY State Attorney General files lawsuit against Trump investment school for operating without a license.

China's banks takes next step in rate reform push

Top Chinese banks had been expecting to win approval for negotiable certificates of deposit worth CNY10 billion.


Latest News

Chinese regulators sought confessions from foreign companies regarding any committed antitrust violations and warned them about hiring external lawyers to fight the said accusations.
US District Judge George B. Daniels dismissed the suit filed by Teamsters Local 282 Pension Trust Fund against the credit ratings agency Moody's.
Delbert Belton was beaten to death by two teenagers, expanding again the issues of penal institutions and their activities.
Atlas Elektronik and Rheinmetall Defence Electronics were raided by German authorities in relation to bribery accusations on a submarine equipment order.
Agustin Carstens, Governor of the Mexican central bank, asked the US Federal Reserve to clarify its plans for the reduction of its monthly bond purchases.
The presence of wild pigs had become a huge problem in the United States. Agriculture authorities in the US said wild pigs had become a tremendous problem in the country.
Banks were prompted to look at their tradition of "client hires" as the SEC deepened its investigation of JPMorgan's hiring of two Chinese nationals.
Public labor unions asked a US court to throw out Detroit's bankruptcy filing on various grounds.
A federal judge allowed the lawsuit filed by the Justice Department against a unit of Bank of America to proceed by endorsing a broad interpretation of the FIRREA.
The European Union said it would study the possibility of using economic pressure to end the bloodshed in Egypt.
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