Legal & Regulatory

Obama urges fast action on immigration overhaul

US President Barack Obama urged the House of Representatives to act quickly on the immigration reform plan.


Former fund manager in New York pleads guilty of US$2.9 million Ponzi scheme

Jason Konior pleaded guilty of stealing US$2.9 million from investors as part of the 2011-2012 Ponzi scheme.

INTL FCStone abandons plan to purchase Asian online exchange Cleartrade

INTL FCStone abandoned its plan to buy Cleartrade Exchange due to the newly-issued financial guidelines.

House approves contentious farm bill less food stamps provision

The House of Representatives approves the contentious farm bill defying a veto threat from the White House.


Latest News

Angela Merkel wanted to push for free trade but told EU allies not to sweep America's secret surveillance under the carpet.
A global blueprint that was supposed to eradicate manipulation of benchmarks was expected to stumble due to patchy implementation.
The Financial Stability Oversight Council designated American International Group and GE Capital as systemically important to the financial system.
Last Monday, the Indian government said that it would give preference over locally made electronics goods for procurement in the government and private sector.
According to Michael Steinberg's lawyers, his trial might be biased due to the wall-to-wall media coverage.
Prime Minister Shinzo Abe faced a tough test on whether or not permit foreign firms operating in Japan to easily fire out workers after IBM was sued for illegal termination of employees.
Perry Capital LLC investors filed a suit against the US Treasury and the Federal Housing Finance Agency for the bailout terms it had set for Fannie Mae and Freddie Mac.
Sebi announced its verdict on the dairy scheme utilized by HBN Dairies and Allied Ltd. Sebi made its move today to prevent an investment scheme involving public funds collection that were used to purchase cattle.
The Competition Commission of India (CCI) said that it would approve the proposed Jet-Etihad deal provided that the two carriers supply it with enough information.
India’s government held a meeting today with as many as eight banks as it weighed its options to sell the country’s debt abroad.