China announced handing over audit documents of Chinese firms listed on the US stock exchanges to the United States regulators.
Legal & Regulatory
Smithfield CEO feels heat at Senate inquiry
On Wednesday, US Senators questioned the head of Smithfield Foods Inc as they looked for answers over the proposed sale of the company to China’s Shuanghui International.
SEC lifts longtime advertising ban for hedge funds
Last Wednesday, US regulators lifted a long time ban on advertising by hedge funds and other firms. On Wednesday, US regulators lifted an 80 year old ban on advertising by hedge funds, private equity firms and other companies.
The cause of currency crises
In order to manage a currency crisis, selling off foreign currency to mop up local currency averts a long term crisis.
China's Central Bank moving to make yuan more international friendly
The People's Bank of China has released notice to require banks and companies to use the yuan in their international transactions.
Latest News
The absence of clear labor policies would prompt Fiat to move the production of Alfa Romeo outside of Italy.
After conducting reviews, JPMorgan found out that it had made about 9% mistakes in more than 1000 lawsuits filed against non-payment of its credit card holders.
The U.S. Consumer Bureau announced that banks supervised by them may now face penalties if they mistreat clients during collection.
Cukurova Holding AS has won its legal battle against Alfa. Cukurova Holding AS won its legal battle against Russian Alfa Group over Turkcell Iletisim Hizmetleri AS, Turkey's biggest mobile-phone operator.
European governments agreed to release aid for Greece worth Eur3 billion as they continued to seek for enough financial calm.
The President of Cyprus announced several new rules giving investors new incentives. In a statement released today, the President of the Republic of Cyprus announced that more incentives will be given to investors who wish to take a chance on the Cypriot market.
Mylan’s acquisition of a unit at Strides Arcolab Ltd announced July 8 was deferred by Indian regulators.
The U.K. Chancellor of the Exchequer has supported tougher rules for the banking industry George Osborne, U. K. Chancellor of the Exchequer, has supported tougher rules for the banking industry.
Trustees will gain control over Ma' ariv if Shlomo Ben-Tzvi decides to stop backing the newspaper.
