Wison Engineering Services Co. Ltd, is cooperating with Chinese authorities investigating the corruption allegedly committed by the current state assets regulator during his tenure as PetroChina head.
Legal & Regulatory
Korea sells 10-year dollar bonds amid concerns of US Federal Reserve monetary stimulus easing
South Korea would be offering a sale of ten-year bonds despite concerns of the US Federal Reserve reducing its asset purchases.
UK regulator to prosecute Olympus over Gyrus acquisition accounting fraud
Japanese camera and endoscope maker Olympus Corp. would be prosecuted by UK's Serious Fraud Office for providing "misleading, false or deceptive" information in its Gyrus Group's financial accounts dating fiscal years 2009 and 2010.
Aberdeen Asset Management receives a GBP7.2 million fine from city regulator
The Financial Conduct Authority (FCA) fined Aberdeen Asset Management GBP7.2 million for not Financial Conduct Authority (FCA) said that it would impose a GBP7.
Belgium government grant-loan helps expand water, sanitation services in Kenyan town
A grant-loan from the Belgian government would expand the water and sanitation services in Iten, Kenya.
Latest News
OTP Bank had prepared to purchase the shares owned by the Hungarian Post Office and the Hungarian development bank.
CBS Corp and Time Warner Cable had reached an agreement to end a month long cable blackout of some shows in New York, Dallas and Los Angeles.
Polands 2014 privatization target would be met through several sale of its stakes in listed firms. Poland had expected to meet privatization targets by 2014 through several sale of its stakes listed in companies.
Mark Carney, Chairman of the Financial Stability Board, said banks had infused fresh capital amount to half a trillion dollars since 2009.
Mumbai-based Kingfisher Airlines sued International Aero Engines for engine defects. Mumbai-based Kingfisher Airlines Ltd filed a lawsuit against International Aero Engines (IAE) for defects in the planes' engines.
A deal between China COSCO Holdings and Piraeus would pave the way for privatization of the largest port in Greece.
The European Commission approved the restructuring plan of BCP, Portugal's largest listed bank.
The Syrian government cancelled its tender to buy white 276,000 tonnes of white sugar two times after receiving only one offer from international traders.
The Japanese government said it would use public funds to deal with the radioactive water emanating from the Fukushima nuclear plant as Tepco appeared overwhelmed by the problem.
