The Federal Reserve Bank of New York has criticized Deutsche Bank of several reporting issues. CNBC's Mary Thompson reports the details.» Read More
July 16- Alibaba Group Holding Ltd, which powers 80 percent of all online commerce in China, is expected to raise more than $15 billion when it lists on the New York Stock Exchange later this year. While Alibaba valued itself at $130 billion in a recent regulatory filing, some Wall Street analysts estimate the company could be worth more than $200 billion.
U.S.-based FedEx Corp., TNT Express NV from the Netherlands and Britain's Royal Mail PLC are all under investigation for unidentified malpractices. FedEx, TNT Express and Royal Mail said in statements they could suffer "material" losses after receiving a notice from the French authority alleging breaches of anti-trust rules.
TOKYO, July 16- A nuclear plant in southern Japan cleared an initial safety hurdle on Wednesday which could make it the first nuclear facility to restart under tough new safety regulations after the industry was idled by the 2011 Fukushima disaster.
*Line may list in Tokyo and the United States. SEOUL, July 16- South Korea's Naver Corp said on Wednesday its Japan- based messaging application subsidiary Line Corp has applied for an IPO in Tokyo- an offering that could value the company at more than $10 billion. Naver, in a regulatory filing, stressed that its plans were preliminary.
SEOUL, July 16- South Korea's Naver Corp said on Wednesday its Japan- based messaging application subsidiary Line Corp has applied for an initial public offering at the Tokyo Stock Exchange. Naver, in a regulatory filing, said it is considering a dual listing in Japan and the United States.
July 15-- Impax Laboratories said it was subpoenaed by the Connecticut Attorney General regarding an investigating into possible price fixing of its generic heart drug, digoxin. Besides price fixing, the investigation is also to determine if there was an allocation or dividing of customers or territories, the company said in a regulatory filing.
WASHINGTON, July 15- The U.S. Federal Communications Commission on Tuesday pushed back to July 18 the first deadline to submit comments on the agency's proposed new Internet traffic rules as a surge in traffic overwhelmed the agency's online filing system.
CNBC's Sue Herera speaks to U.S. Soccer Federation President Sunil Gulati, about the independent investigation FIFA is in the middle of over its bidding process for the next two World Cups.
The planned transformation of EBS, owned by the world's largest interdealer broker ICAP, comes as the sector faces greater regulatory scrutiny after alleged manipulation of foreign exchange benchmarks used to price trillions of dollars of investments and company deals.
CNBC's Steve Liesman and Paul McCulley, Pimco chief economist, provide perspective on Tuesday's retail sales numbers and weigh in on Fed policy ahead of Janet Yellen's Capitol Hill testimony.
This is the worst recovery since World War II, says CNBC's Larry Kudlow revealing his views on the economic recovery ahead of his testimony today on Capitol Hill. And Jared Bernstein, Center on Budget & Policy Priorities, weighs in on why he does not agree with Larry.
Sen. Heidi Heitkamp, (D-N.D.), discusses what she wants to hear from Janet Yellen when the Fed Chair testifies before Congress later this morning on Fed monetary policy.
LONDON— Britain's financial regulator on Tuesday announced new limitations on what payday lenders can charge their customers, the latest step in moves to tackle poor conduct in the short-term credit industry.
Paul McCulley, Pimco chief economist, provides perspective on why the banking sector will have to change its current business model.
BERLIN— Germany's antitrust authority has imposed fines totaling 338 million euros on 21 sausage manufacturers for colluding on prices. The companies punished included Nestle subsidiary Herta, as well as Meica, Boeklunder and Wiesenhof.
Mark Spanbroek, vice-chairman at European Principal Traders Association, outlines the differences between dark pools and high-frequency trading.
July 15- The U.S. Department of Justice is investigating possible pricing coordination among music publishing companies as it reviews the decades-old rules that govern the cost of licensing songs, the Wall Street Journal reported, citing people familiar with the matter.
*Fed Chair Janet Yellen's testimony awaited. *Otsuka soars on new drug application to FDA. TOKYO, July 15- Japan's Nikkei share average climbed on Tuesday with all sectors rising, helped by gains on Wall Street on Citigroup's strong earnings and a merger and acquisition deal in the healthcare industry.
WASHINGTON, July 14- Leaders of the U.S. energy and rail sectors have agreed to toughen tanker cars for future oil train cargo and to a schedule to retire older model cars that regulators have deemed unsafe, said two industry sources familiar with the plan. The Transportation Department is expected to outline that safety plan before the end of the month.
WASHINGTON, July 14- U.S. cigarette maker Reynolds American Inc, in talks to buy rival Lorillard Inc, may have a hard time convincing regulators to approve the deal because of their big shares in the traditional cigarette and fast-growing electronic cigarette markets.