30th September 2016
On the occasion of Myanmar’s State Counselor Aung San Suu Kyi’s recent visit to the United States (U.S.), President Obama announced that executive sanctions on Myanmar would soon be lifted. This will grant Myanmar greater access to the U.S. market and encourage U.S. companies to invest in the country. Trade between… Read More
29th September 2016
The Luxembourg Stock Exchange has become the first stock exchange in the world to introduce a platform that will trade exclusively in green bonds and other environment-focused financial instruments. The Luxembourg Green Exchange (LGX), which went live this week, limits access to issuers that comply with tight eligibility criteria,… Read More
29th September 2016
The top two U.S. securities regulators on Tuesday outlined rule proposals ranging from asset management to swaps dealing they will take up in coming months, indicating the agencies will be at full throttle through election season to the end of the year. The Securities and Exchange Commission and Commodity Futures… Read More
27th September 2016
The United States Justice Department has filed criminal charges against a Chinese executive, accusing her, the company she owns and several of her colleagues of violating American sanctions meant to choke off funding to North Korean companies that help Pyongyang develop nuclear weapons. Read More
27th September 2016
The nation’s deeply rooted business entertaining culture is expected to go through a major change with the enforcement of the anti-corruption law on Wednesday, amid mixed prospects of its impact on the economy and its role of building a transparent society. Expectation is high for the power of the law,… Read More
27th September 2016
An international group that monitors money laundering said on Tuesday that Singapore should pursue more offenders involved in international cases and take more action to confiscate suspicious funds moving through the city-state. “Singapore maintains one of the lowest domestic crime rates in the world and therefore the bulk of Singapore’s… Read More
22nd September 2016
China’s outbound direct investment spiked at US$102.75 billion in the first seven months, a 61.8 per cent year-on-year surge Read More
20th September 2016
Binary Uno is the latest binary options broker to be added to the BCSC’s investor caution list. Read More
19th September 2016
The U.S. decision to lift trade sanctions against Myanmar has been welcomed by local economists and businessmen, who say it will remove a major constraint on international trade with the impoverished country and boost growth across its economy. Political analysts and activists said the decision also puts a greater responsibility… Read More
16th September 2016
A money laundering and bribery investigation in Australia has reached India. Several bank transfers and over two dozen accounts operated by an Australian company Getax, owned by Indian-origin Guptas, are being probed by the Australian Federal Police (AFP). In India, the Central Board of Direct Taxes (CBDT) is looking at… Read More