SAC Capital founder Steven Cohen ended charges of insider trading with a USD616 million settlement deal.
Legal & Regulatory
Structural adjustments needed for China’s economic growth
China's Vice Finance Minister says there is no need for Chinese government to stimulate the world’s No. 2 economy.
U.S. regulators discuss digital currency with Bitcoin Group
Bitcoin Foundation joins U.S. regulators in FinCEN-hosted discussion regarding digital currency. Financial Crimes Enforcement Network (FinCEN) director Jennifer Shasky-Calvery hosted a discussion with members of the Bitcoin Foundation.
Facebook privacy settlement approved by U.S. judge
U.S. judge approves USD20 million Facebook settlement on lawsuit over targeted ads. A U. S. judge granted final approval on Monday to Facebook's USD20 million settlement despite objections from plaintiff's that the lawsuit failed to cover children's privacy.
Chinese landmark copper deal with Afghanistan at risk
An acquisition deal for a Chinese copper landmark had been placed at risk after the USD3 billion agreement was reviewed.
Latest News
The second part of the trial on patent infringement between Microsoft and Google's Motorola will continue this week.
The world saw Filipinos staged a mass rally against corruption that was organized via social media like Facebook and Twitter.
CNPC vice president Wang Yongchun is under investigation from the China Ministry of Supervision due to unspecified breaches of discipline.
Exchange law passed last year was done as a step toward increased kwanza trade. According to the Banco de Nacional de Angola, Angola's central bank, the amount of dollars sold at auctions by the central bank has been halved due to a foreign exchange law.
NY State Attorney General files lawsuit against Trump investment school for operating without a license.
Top Chinese banks had been expecting to win approval for negotiable certificates of deposit worth CNY10 billion.
There were more than 110 China brokerages that would undergo government probe after Everbright Securities made a CNY23.4 billion buy order error.
The Reserve Bank of India would scrutinize pending foreign deals after the steep fall in rupee's value.
Chinese regulators sought confessions from foreign companies regarding any committed antitrust violations and warned them about hiring external lawyers to fight the said accusations.
