Law and Regulation
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Regulators in charge of monitoring the bankrupt futures brokerage Peregrine Financial Group missed warning signs as far back as 1994, according to an independent report released on the same day Peregrine's founder was sentenced to 50 years in prison.
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South Korea's Samsung Electronics did not willfully infringe on some of Apple's patents, a U.S. federal court has ruled, foiling Apple's attempt to ratchet up the $1.05 billion in damages it was awarded last August by a U.S. jury.
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The European commissioner in charge of regulatory reform of the region's banks has signaled a retreat from plans to force lenders to build barriers around their securities trading operations, as policy makers focus on stimulating growth. The Financial Times reports.
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For a man who has emerged as the Justice Department's great white whale in its insider trading investigation, Steven A. Cohen, the billionaire owner of the hedge fund SAC Capital Advisors, does not appear concerned.
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A top U.S. lawmaker is close to releasing a draft on ways to revamp corporate taxes levied on complex financial products, a committee aide said on Wednesday.
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North Korea said on Thursday it would carry out further rocket launches and a nuclear test that would target the United States, dramatically stepping up its threats against a country it called its "sworn enemy".
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Japanese regulators have joined their U.S. counterparts in all but ruling out overcharged batteries as the cause of recent fires on the Boeing 787 Dreamliner, which has been grounded for a week with no end in sight.
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Japan has one of the world’s highest suicide rates. But last year the number of suicides fell below 30,000 for the first time in 15 years, thanks in part to community efforts. The CSM reports.
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Women in India's capital are taking self-defence classes, snapping up pepper sprays, booking cabs with female drivers or leaving work early, all signs of growing insecurity following the brutal gang rape and murder of a student last month.
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As Facebook and Twitter become as central to workplace conversation as the water cooler, federal regulators are ordering employers to scale back policies that limit what workers can say online, The NY Times reports.
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A nine-story brothel in the now famous upscale Gangnam neighborhood in Seoul, South Korea, was raided by police on Monday.
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One analyst says there's much to like about the money center banks Citigroup and Bank of America.
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Global miner Rio Tinto has announced the surprise resignation of its chief executive after taking a $14 billion charge in connection with Tom Albanese's two most significant acquisitions, Mozambican coal and aluminium.
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CNBC's Hampton Pearson reports on the impact of President Obama's address on gun control, from the Blue Ridge Arsenal in Northern Virginia.
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Almost exactly four years after authorities shut down Allen Stanford's $7 billion Ponzi scheme, his investors could finally get some of their money back—but it won't be much.
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If Congress reaches a deal on the "fiscal cliff," it would be a boon for the market, sending stocks up like a rocket, said Ralph Acampora, senior managing director at Altaira Investment Solutions.
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India will delay by two years the implementation of controversial rules on tax avoidance to 2016, Finance Minister P. Chidambaram said on Monday, giving some respite to investors after the measures dented confidence at a time the country needs capital inflows.
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A federal appeals court ruled that Netflix receives an unfair advantage from the US Postal Service in handling its DVDs and ordered postal regulators to remedy the situation.
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China's insurance regulator said it is seeking more information from Ping An Insurance after conducting a preliminary review of HSBC's planned sale of its $9.4 billion stake in the insurer to Thailand's CP Group.
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China's securities regulator is requiring underwriters and auditors of all applicants for domestic initial public offerings to re-examine their financial statements as part of efforts to boost the quality of listed companies, four sources with knowledge of the plan told Reuters on Wednesday.