Two brokerages were sanctioned after having been found out of helping fraudulent IPOs. (Photo : Reuters)The Chines flag waiving in front of rising business sectors The Securities Regulatory Commission in China will fine two brokerages for helping perpetrate fraud IPOs get listed on the bourse.

The US Treasury has announced suspension of pension funds to raise its debt limit. The US Treasury announced last Friday the suspension on pension funds payment.

Digital currency companies are rushed to comply with anti-money laundering acts after Liberty Reserve gotten held up for an alleged money laundering scheme.

Morgan Stanley files petition to prohibit former brokers to reach out to current staff in their old office.

Cisco is seeking EU intervention on its claims of monopolistic effect of Microsoft's purchase of Skype.

EFES is affected by law passed by the Turkish government. The largest beermaker in the Middle East is being buffetted in the world's credit markets at the same time Turkish Prime Minister Recep Tayyip Erdogan has been clamping down on sales of alcohol and its attendant advertising.

Singapore Exchange is expanding its market by opening a menu of services for yuan denominated transactions.

According to findings by the NY Atty General's office, banks have violated the servicing standards agreement for foreclosures agreed upon last year.

Peru's president said he would be implementing a new set of reforms designed to boost investments in the country.

China's Premier Li Keqiang has criticized the move of EU to investigate alleged anticompetitive activities of two Chinese firms in Europe.