A US regulator subpoenaed major metal warehousing firms after an alleged restriction of material inflated prices.
Legal & Regulatory
NoKor and South Korea agree on reopening of joint industrial park
North and South Korea announced that they had agreed to reopen the Kaesong industrial complex, which was closed when tensions grew between the two countries in April.
US Airways, AA promise to fight antitrust lawsuit filed by US government
US Airways and American Airlines promised to fight the antitrust lawsuit filed by the US Department of Justice, of which halted the airline companies' USD 11 billion merger.
Swedish judge convicts teen for sending Facebook friend request
A Gotland District Court Judge ruled to convict an 18 year old male for sending a friend request in social networking site Facebook.
PCAOB proposes detailed audit reports
The Public Company Accounting Oversight Board gave a new proposal allowing auditors to give their commentary on "critical audit matters" in their audit reports.
Latest News
US District Judge William Alsup said singer songwriter Chubby Checker could sue Hewlett Packard Co for infringing his trademarked name.
Spain may seriously consider taking their Gibraltar dispute with Britain to the United Nations for support on the issue.
Porsche faces court battles with investors over volkswagen AG. Porsche SE continues to face new legal battles against investors over their aborted purchase of Volkswagen AG.
The European commission seek to prove that the Belgian aid to Wallonia airports was illegal. The European Commission (EU) called for an investigation into the Belgian aid for several airports in the Wallonia region.
The US Securities and Exchange Commission approved the takeover by IntercontinentalExchange of NYSE Euronext.
Sources told Reuters BaFin gave investors interested in buying BHF-Bank until the end of August to give the information it needs to approve the sale or not.
The Philippine Department of Transportation and Communications said it is eyeing the possibility of rebidding the LRT-1 Cavite extension project under revised terms.
Shanghai Securities News said the Ministry of Public Security and a cabinet-level research center of China were preparing to investigate on EMC Corp, IBM Corp and Oracle Corp over security concerns.
Japan Tobacco International said they will continue to grow in the Philippines despite higher taxes on cigarettes.
