01/06/2015
The statements closely followed an announcement by Founder Securities on Friday that a court had frozen 1.77 billion yuan ($285 million) in its bank accounts, in connection with a dispute with Beijing Zenith Holding Ltd, its second-largest shareholder.
01/06/2015
To sternly deal with wilful defaulters, market regulator Sebi on Tuesday proposed barring such entities from raising funds from the capital markets
01/05/2015
The Cabinet, through an Ordinance, has raised the FDI limit in insurance to 49%, recommending a composite cap of 49%, which would include all forms of foreign direct investments and foreign portfolio investments
01/05/2015
The China Post previously reported that on occasions when Mr. Hsieh had inside information that certain shares might drop in value, he sold his own shares first and government stakes later.
01/05/2015
Official with the U.S. Internal Revenue Service (IRS) are currently deployed in foreign jurisdictions, including the American consulate in Hong Kong
01/05/2015
Moody’s filed a challenge to the tribunal on Nov. 24 to the SFC’s reprimand
01/05/2015
Money launderers are coming up with new and inventive ways to go about their financial crimes
01/05/2015
Taipei, Jan. 5 On a day when former President Chen Shui-bian was released on medical parole, the Supreme Prosecutors Office issued a reminder Monday that Chen and his family have racked up illegal gains and fines of NT$1.01 billion so far.
01/03/2015
Barclays is forecasting volumes in Asia, excluding Japan and Australia, to rise 10% in 2015
01/03/2015
The Financial Supervisory Service is poised to take disciplinary action in the next two months against officials involved in loan fraud at KT ENS, the accounting fraud at Moneual and Shinhan Bank's illegal access to customer accounts.
01/02/2015
Under the rule, tech companies including Daum Kakao and Naver are not able to set up online banks, causing the already weak local fintech industry to lag further behind other nations.
01/01/2015
The website of Bank Indonesia states that ABIF “provides an operating framework for ASEAN member states to implement principles and the integration process in the banking sector to support the ASEAN Economic Community (AEC) [which is to be implement
01/01/2015
A Hong Kong tribunal rejected a private proceeding request by Moody’s Investors Service for its appeal against a HK$23 million penalty and public reprimand imposed by the city’s securities regulator.
12/31/2014
The move will come in force with immediate effect.
12/29/2014
Pressure from regulators is forcing Indian banks to focus more on the local banking needs in overseas jurisdictions.
12/29/2014
Loosened banking regulations may spur an increase of foreign banks in China
12/29/2014
Thanks to China, Christine Lagarde of the International Monetary Fund, Jim Yong Kim of the World Bank and Takehiko Nakao of the Asian Development Bank may no longer have much meaningful work to do.
12/29/2014
Chinese authorities are seeking to strengthen their collaboration with Western countries to recover ill-gotten assets which have been sent offshore.
12/28/2014
The hike in FDI cap in the insurance sector has potential to attract up to USD 7-8 billion
12/28/2014
India's central bank chief lashed out at Uber