Law & Regulation

Mongolia law pending to block Chalco transaction

Mongolia is set to pass a law by June that would prevent foreign state-owned firms from owning certain domestic assets, following an outcry over a bid by Alu

Chinese, Indian airlines flout EU carbon tax

Chinese and Indian airlines have not complied with the new EU carbon tax while all other nations have,

China loosens rules on QFII investment allocation

China's chief securities regulator has eased restrictions on the amount foreign investors can invest in securities other than stocks under the Qualified Fore

Regulators announce accounting sector shake-up

Chinese regulators announced new rules requiring foreign auditors to, among other things, appoint a Chinese national as their chief partner in China, the

US approves Chinese bank expansion

The Federal Reserve will allow three of China's Big Four banks to expand operations in the US and additionally approved two Chinese state-owned investment fu

HK ruling may hold banks responsible for IPO lies

Proposed rules for Hong Kong's IPO market could hold banks responsible if the companies they sponsor lie to investors,

US regulator nearing deal to observe Chinese audits

The US auditing authority announced that it is nearing a deal to observe Chinese audit inspections of US-listed Chinese companies,

China rules against foreign RMB funds

Chinese regulators have ruled that yuan-denominated private equity funds can only be treated as local if all their capital is sourced within China,

Last Wal-Mart employees detained over pork scandal discharged

Officials in Chongqing have released the last two Wal-Mart (WMT.NYSE) employees detained over a pork mislabeling scandal last October, causing a two-week clo

Oil companies settle over damages in China's Bohai Bay spill

ConocoPhillips (COP.NYSE) and China National Offshore Oil Corporation (subsidiary CNOOC Limited; CEO.NYSE, 0883HKG) will pay more than US$250 million to sett

Morgan Stanley banker pleads guilty in bribery case

Garth Peterson, a 42-year-old American who ran Morgan Stanley's (MS.NYSE) global real estate practice in Shanghai, pleaded guilty in a New York court to brib

SEC sues SinoTech, top officers for fraud

The US Securities and Exchange Commission sued SinoTech Energy (CTESY.PINK) and its officials over two separate alleged frauds, the latest in a series of cra

Wu Ying spared death sentence

China’s Supreme People’s Court rejected a death sentence for Wu Ying, one of China’s richest women who had been accused of illegal lending,

US sets anti-dumping duties on China brightening agents

The US International Trade Commission approved anti-dumping duties on optical brightening agents from China and Taiwan on Thursday, after rejecting duties on

China home prices fall in March

New-home prices in China's major cities fell year-on-year in March for the first time since Beijing enacted measures to curb the market two years ago,

Regulator says crude oil futures market due this year

Guo Shuqing, China’s top securities regulator, said that the country will begin offering crude oil futures contracts this year, a move that could help compan

Central bank report calls for more monetary reforms

China is at a "rare strategic moment" to accelerate the opening of its capital account by reforming interest and exchange rates, the central bank's statistic

Apple agrees to China pollution audit

Apple Inc (AAPL.NASDAQ) has agreed to let outside auditors review environmental conditions at its China-based suppliers, just one month after the Fair Labor

Long arm of the law

Chinese law mergers have been a long time coming

Wen urges China to combat corruption

Chinese Premier Wen Jiabao urged authorities to work towards eliminating corruption in 2012 in an article published in Communist Party magazine "Seeking Trut

SEC sues AutoChina for stock manipulation

The US Securities and Exchange Commission (SEC) filed a civil lawsuit against AutoChina International on Wednesday, the third lawsuit in less than two months

China mulls offshore RMB bonds

Chinese authorities are considering introducing a quota-based system to allow mainland companies to borrow yuan-denominated funds outside China's borders and

COSCO: Gov't insurer likely to cover embargoed Iranian oil

China Ocean Shipping Group Company (known as Cosco Group), the country's largest ocean-cargo carrier, said there is a "big chance" a government-supported ins

Sino-Forest slapped with enforcement notice, delisting

The Ontario Securities Commission (OSC) has sent an enforcement notice containing "allegations of a serious nature" to Chinese timber company Sino-Forest (TS

Court freezes assets in Zhongpin insider trading case

A court in the US ordered the assets of six Chinese citizens and a British Virgins Islands company frozen in response to an insider-trading investigation sur

Chinese premier urges break-up of bank monopoly

China's premier called on the country to break up the monopoly of state-owned banks to accomplish its goal of getting more private capital into the financial

Microblogs resume normal service following crackdown

China's two largest microblog sites resumed normal service Tuesday after barring users from commenting on other microblog accounts for three days on governme

Hong Kong property tycoon brothers arrested for corruption

Thomas and Raymond Kwok, the billionaire co-chairmen of Hong Kong mega-developer Sun Hung Kai Properties (0016.HKG), were arrested Thursday in relation to an

China tests financial reforms in Wenzhou

China's State Council moved to legalize private lending in Wenzhou, Zhejiang province, in what may be the beginnings of an effort to liberalize the state-con

Cyber attacks

China embraces piracy 2.0

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