Chinese Securities Regulatory Commission allowed Alibaba to expand its capital for the online loan enterprise.
Legal & Regulatory
Chile court gives latest suspension on Barrick’s gold mine operation
Barrick temporarily stopped the construction of the controversial Pascua-Lama gold mine project due to a court suspension issued last Monday.
Denmark Urges Banks to Ignore SME Capital Provision
Denmark advised Danish banks to disregard the European directive to reduce exposure charges The European Parliament, in an attempt to align with the Basel Committee on Banking Supervision's regulation, passed a directive that will simplify the risk calculation for small- and medium-sized business loans.
US and China do dialogue on cyber espionage and information theft
The US and China agree on parameters as to intellectual property and trade secrets. The concerns on cyber theft of intellectual property as well as trade secrets were acknowledged by both the United States and China.
Protests and gun sales grow amid Zimmerman verdict
After the acquittal of Zimmerman, protests broke and gun sales increased. After the announcement of George Zimmerman's acquittal from his murder trial yesterday, the United States Justice Department said that they will be conducting further review on the case.
Latest News
Florida's 'Stand Your Ground' law under fire for its role in the Trayvon Martin murder trial.
The gunman of teenager Trayvon Martin was found not guilty of second degree murder. George Zimmerman was found not guilty by jury of six women for the murder of Trayvon Martin.
US President Barack Obama urged the House of Representatives to act quickly on the immigration reform plan.
Jason Konior pleaded guilty of stealing US$2.9 million from investors as part of the 2011-2012 Ponzi scheme.
INTL FCStone abandoned its plan to buy Cleartrade Exchange due to the newly-issued financial guidelines.
The House of Representatives approves the contentious farm bill defying a veto threat from the White House.
CFTC was close to a compromise on how the regulator's rules applied to foreign corporations dealing with banks in the US.
The European Commission proposed the creation of a new agency that would close and revamp failed banks.
Angela Merkel wanted to push for free trade but told EU allies not to sweep America's secret surveillance under the carpet.
