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  • BEIJING, March 30- China has agreed to delay implementing new bank technology restrictions that Washington has complained represent unfair regulatory pressure on foreign firms, a senior U.S. Treasury official said in Beijing on Monday. BSA The Software Alliance, whose members include Adobe Systems, Apple Inc, IBM, Microsoft Corp and Oracle Corp, and the...

  • China's property plan is supportive, impactful: Pro

    Alan Jin, property analyst, Asia ex-Japan at Mizuho Securities Asia, says the easing of housing tax and lending rules is in line with China's bid to maintain "reasonable economic growth."

  • Indiana furor what’s wrong with politics: Fiorina Monday, 30 Mar 2015 | 6:14 PM ET
    Chair of the American Conservative Union Foundation Carly Fiorina.

    Indiana’s "religious freedom" law has been misunderstood, says Carly Fiorina, who is mulling a bid for the GOP presidential nomination.

  • The Securities and Exchange Commission sided with Wal-Mart's assertion that it could be omitted on the grounds that it had already been "substantially implemented" in other ways by the company, according to the ruling posted on the SEC's website. "The SEC agreed that it could be excluded again this year on that basis," Wal-Mart spokesman Randy Hargrove said,...

  • RIO DE JANEIRO, March 30- Nippon Steel& Sumitomo Metal Corp said on Monday it had reported Ternium to Brazil's CVM market regulator for transferring to third parties shares in steelmaker Usiminas, which they jointly control, before a vote to elect a new chairman next week. The Japanese steelmaker said Ternium's move was an attempt to influence the vote for a new...

  • BEIJING, March 30- China has agreed to delay implementing new bank technology restrictions that Washington has complained represent unfair regulatory pressure on foreign firms, a senior U.S. Treasury official said in Beijing on Monday. BSA The Software Alliance, whose members include Adobe Systems, Apple Inc, IBM, Microsoft Corp and Oracle Corp, and the...

  • CHEYENNE, Wyo.— An agreement between Wyoming environmental regulators, a gas developer and a bond surety company would put the surety company in charge of inventory and reclamation of as many as 143 small reservoirs containing groundwater from coal-bed methane wells. The deal between High Plains Gas, Fidelity and Deposit Company of Maryland and the Wyoming...

  • A lawyer for the Securities and Exchange Commission told an administrative judge in New York that the trader, Joseph Ruggieri, made more than $117,000 in profits for Wells Fargo by trading healthcare company stocks ahead of ratings changes by one of the bank's analysts. Paul Ryan, Ruggieri's lawyer, called the SEC's case circumstantial, and said the regulator...

  • SEC files fraud charges against Lynn Tilton, firms Monday, 30 Mar 2015 | 11:18 AM ET

    The SEC said Tilton and the firms have misled investors since 2003 and wrongly collected nearly $200 million in fees and other payments. The case will be heard before an administrative law judge at the SEC. The SEC action against Tilton represents an example of government regulators enforcing the fiduciary standard for investment advisers.

  • BEIJING, March 30- China has agreed to delay implementing new bank technology restrictions that Washington has complained represent unfair regulatory pressure on foreign firms, a senior U.S. China said this month work was ongoing on a draft anti-terrorism law that would require foreign companies to hand over encryption keys and otherwise facilitate...

  • WASHINGTON, March 30- U.S. regulators took aim at financier Lynn Tilton and her advisory business on Monday, saying she breached her fiduciary duty to investors by hiding the poor performance of loans underlying three collateralized loan obligations. The Securities and Exchange Commission said that Tilton and Patriarch Partners were able to collect almost...

  • March 30- GNC Holdings Inc said it restored certain dietary supplements to its stores in New York after reaching an agreement with the state's attorney general that its products complied with the Food and Drug Administration's guidelines. GNC also agreed to adopt stricter testing standards for herbal supplements that exceed FDA requirements, a first in the...

  • NEW YORK, March 30- Morgan Stanley has agreed to sell a compressed natural gas business that came under regulatory scrutiny shortly after its launch last year, according to a document obtained by Reuters and three people familiar with the matter. Two Morgan Stanley managers who were involved with Wentworth, Alberto Chiesara and Ryan Comerford, are leaving to...

  • Cook calls 'religious objection' laws dangerous Monday, 30 Mar 2015 | 7:40 AM ET

    NEW YORK— Apple CEO Tim Cook said that so-called "religious objection" legislation being introduced in a number of states is dangerous and bad for business. The bills, like the one enacted last week in Indiana, create a legal framework for individuals, mostly business owners, to claim that a law or regulation mandated by the government infringes on their religious...

  • BISMARCK, N.D.— A subsidiary of Exxon Mobil Corp. is asking state regulators to grant an exception to the amount of natural gas companies are permitted to burn off at 140 of its oil wells in Dunn and McKenzie counties. OneOK said the pipeline would have moved 40 million cubic feet per day to their Garden Creek gas plant in McKenzie County. The request will now be...

  • SHANGHAI/ ATHENS, March 28- The Greek government will sell its majority stake in the port of Piraeus within weeks, the country's deputy prime minister told China's official Xinhua news agency, a flip-flop from the leftist government as it seeks funds from its creditors. Cosco and other bidders "can make a very competitive offer," said Greek Deputy Prime Minister...

  • March 27- The United States Food and Drug Administration rejected Adamis Pharmaceuticals Corp's injection for treating severe allergic reactions, the company said. Adamis Pharmaceuticals shares were down 37 percent at $3.40 in after-market trading. The FDA raised questions related to the volume of dose delivered by the pre-filled syringe, Adamis said on...

  • More than a dozen senior insurance executives met Fed Governor Dan Tarullo on Feb. 6 to pitch a two-step process for launching nationwide insurance rules, according to records of the meeting by Dirk Kempthorne, who heads the American Council of Life Insurers, an industry group. Tarullo, the Fed's top Wall Street regulator, did not indicate whether he was open to...

  • Ahead of the Bell: Orexigen shares rise Friday, 27 Mar 2015 | 8:25 AM ET

    NEW YORK— The approval of a weight-loss drug by European regulators sent shares of Orexigen Therapeutics soaring 12 percent before the opening bell Friday. The drug competes with Belviq, made by Arena Pharmaceuticals Inc., and Qsymia, made by Vivus Inc.. Shares of Orexigen Therapeutics Inc., based in San Diego, rose 90 cents to $8.15 in premarket trading.

  • Indian companies scramble to find women directors Friday, 27 Mar 2015 | 7:21 AM ET

    India's market regulator, the Securities and Exchange Board of India, has set a final deadline of April 1 for all of the country's listed companies to name at least one female director. Mukesh Ambani, the second richest Indian who heads the petrochemicals to telecoms conglomerate Reliance Industries Ltd., appointed his wife Nita Ambani to the company's board.