Legal & Regulatory

Central Bank of Malaysia says no to sukuk issuance proposal for Bank Islam acquisition

The Central Bank of Malaysia said no to the proposal of BIMB Holdings to issue Islamic bonds to fund its purchase of Bank Islam.


HTC Employees lands in jail over HTC trade secrets breach

Reuters reported that five of HTC's employees were jailed over the weekend over trade secrets breach claimed by the Taiwanese mobile phone maker.

Everbright senior executives resign after insider trading allegations

Two of Everbright Securities senior executives resigned after severe penalties amounting to were imposed on the company for allegations of insider trading and other illegal activities.

Etihad still waiting regulatory clearance for USD600 million Jet Airways deal

Etihad plans to invest USD600 million in Jet Airways after approval from Indian authorities. Etihad extended the regulatory clearance deadline of its USD600 million deal with Jet Airways.


Latest News

President Xi Jinping's anti-corruption drive tries another senior official of graft. The Chinese government's investigation on corruption has now turned to the head of its state assets regulator in what has been called 'serious discipline violations'.
The Federal Reserve Bank of India said that it would not convert idle gold into bullion. India's central bank said it does not plan to convert the country's idle gold to bullion.
An increasing number of GCC firms have relied on their lawyers for expertise in undertaking IPO transactions.
The Japanese government got the approval of a special panel to raise the national sales tax by 2014.
A source told Reuters that the FHFA would settle the lawsuit it filed against JPMorgan Chase & Co on subprime mortgages for at least USD 6 billion.
Proposals to overhaul the US tax system could eliminate the billions of dollars in tax breaks enjoyed by corporations.
Hermann Groehe said Angela Merkel would be most willing to tackle issues about European politics on their television debate this Sunday.
T. Rowe Price banned some American Airline employees from trading the funds in their 401k plans because of collective trading.
Reuters columnist Allison Schrager dissects the cause of unemployment in the US. Is the cause of unemployment in the US structural or cyclical? This was the question that Reuters columnist Allison Schrager attempted to answer in her column.
Government protests and athletes' drug violations could imperil Turkey's bid for the 2020 Olympic Games.