Legal & Regulatory

Running for mayor is very expensive

The cost of a mayoralty campaign now is not just about the person but also about actual funds. Disgraced New York mayoralty candidate Anthony Weiner's troubles not only continue to haunt him, but is actually taking a new life of its own.


Samsung loses US$1.05 billion in market value after Obama's iPhone, iPad ban veto

Samsung lost US$1 billion in market value after the US President Barack Obama vetoed the import ban on Apple's products.

South Korea expresses concern about US veto on Apple ban

South Korea expressed its concerns regarding the Obama administration’s decision to overrule a sales ban of Apple’s iPhone 4 and iPad 2.

Sources expect Bank of Japan to continue with present monetary policy as economy improves

The Bank of Japan (BOJ) would most likely hold on to its present monetary policy as the Japanese economy shows signs of improvement, sources told Reuters.


Latest News

Analysts said that US President Barack Obama's ruling could aid the sales of Apple and could be Samsung's setback.
An class action suit on employee discrimination filed against Wal-Mart was dismissed by a federal court judge.
The Indian finance head attempted to gather support from opposition leaders for the passing of insurance and pension sector bills.
The European competition authority intensified its scrutiny on Google's search results as competitor blocking concerns in search results were raised by search engine rivals.
The Florida Office of Financial Regulation closed down the First Community Bank of Southwest Florida in Fort Myers.
US major firms including Wal-Mart, Google, Morgan Stanley and Dell raised concerns regarding patent trolls and urged legislators to broaden US Patent and Trademark Office's scope of power in reviewing patents.
A document seen by Reuters showed that Italian prosecutors are investigating JPMorgan in relation to their probe of Monte dei Paschi.
US President Barack Obama proposed a plan that would satisfy both Democrats and Republicans alike. On Tuesday, US President Barack Obama proposed a plan called the "grand bargain for middle-class jobs".
The Securities and Exchange Commission launched an investigation against Gulf Coast Funds Management's investment program.
IBM Corp disclosed that the SEC is probing how the revenues of their cloud computing business is generated.