SHANGHAI, April 18- China's recent liberalisation of stock short-selling rules is not intended to encourage the practice, the China Securities Regulatory Commission said on Saturday, after overseas markets dropped sharply in response to the move. Institutional investors including mutual fund companies and asset management businesses of securities...» Read More
U.S. electronics firm Apple will soon announce steps to resolve European Commission charges that its iTunes stores broke EU rules by setting prices country by country in Europe, people familiar with the situation said on Tuesday.
Attorneys for the brothers of hedge fund manager Seth Tobias say his wife killed him because "Seth was worth substantially more to (her) dead than he was alive, and she knew that."
The U.S. Attorney's Office in Brooklyn has broadened its investigation into the collapse of two hedge funds that Bear Stearns managed, CNBC has learned.
Britain this year will give regulators greater power to intervene early when financial institutions run into trouble to avoid a repeat of the Northern Rock crisis, finance minister Alistair Darling said.
California sued the U.S. Environmental Protection Agency on Wednesday for denying its first-in-the-nation greenhouse gas limits on cars, trucks and SUVs, challenging the Bush administration's conclusion that states have no business setting emission standards.
The Federal Trade Commission will not block Google's $3.1 billion dollar deal to acquire Internet advertising company DoubleClick.
British pay-TV firm BSkyB looks set to have suffered a costly blow after a regulator said it should sell more than half of its 17.9 percent stake in ITV because it is hampering competition.
Temasek Holdings filed an appeal against an order to divest its stake in one of Indonesia's two largest mobile phone operators, the Straits Times reported on Wednesday.
China's state firms must carefully manage their books or face a risk of bankruptcy as the government ratchets up its economic tightening, the head of the country's state asset watchdog said on Tuesday.
China will intensify its policy tightening next year to curb credit growth, deputy central bank governor Liu Shiyu said in remarks published on Monday.
U.S. securities regulators sued two former financial advisers at Morgan Stanley Friday for defrauding at least 50 mutual fund companies and their shareholders.
A judge sentenced former media mogul Conrad Black to 6-1/2 years in prison for obstructing justice and defrauding shareholders of one-time newspaper publishing giant Hollinger International.
J Sainsbury and Asda, Wal-Mart's British supermarket unit, have admitted joining with other companies in fixing the price of dairy products in Britain, the Office of Fair Trading said Friday.
Christie's auction house will hold the first liquor auction since Prohibition this weekend in New York, with some rare whiskies expected to fetch up to $30,000 a bottle.
Tests on more than 1,200 children's products, most of them still on store shelves, found that 35 percent contain lead -- many with levels far above the federal recall standard used for lead paint.
A federal judge has named two New York pension funds lead plaintiffs for five class-action lawsuits accusing Countrywide Financial, the largest US mortgage lender, of inflating earnings and overstating its ability to weather the housing slump.
European Union regulators said Thursday they will investigate whether British telecoms company BT Group is getting unfair financial help from the British government because its state guarantee exempts it from normal company pension rules.
The U.S. Department of Agriculture told Tyson Foods the department made a mistake and that the second-largest U.S. chicken producer could no longer label products as "raised without antibiotics," the Wall Street Journal reported on Monday.
XM Satellite Chairman Gary Parsons told CNBC he is hopeful about federal regulatory approval for the company's proposed merger with Sirius Satellite Radio.
Bear Stearns expects to write down $1.2 billion of assets linked to mortgages in the fourth quarter, but the worst of the bank's mortgage writedowns is over, Bear's chief financial officer said.