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Legislation Regulations

  • Ease of doing business in Indonesia has improved: Ambassador

    Ngurah Swajaya, Indonesian ambassador to Singapore, says Indonesia is getting serious about attracting FDI.

  • Hong Kong is both international and access market: HKEx CEO

    Hong Kong Exchanges and Clearing Chief Executive Charles Li, weighs in on the positioning of the Hong Kong Exchange and the southbound connect.

  • Water is added to concentrate at Freeport McMoRan's Grasberg copper and gold mining complex in Papua province, Indonesia, on Wednesday, April 22, 2015.

    Shareholders are pressuring miner Freeport-McMoRan to stand up to the Indonesian government over the U.S. miner's contract.

  • The Consumer Financial Protection Bureau on Monday issued a warning to consumers to pay close attention to their personal information on record with student loan servicers as errors are popping up that can cost borrowers dearly. About 44 million Americans have student loan debt totaling $1.3 billion. The watchdog agency said it gets thousands of...

  • Feb 27- Gregory Abel, chief executive of the energy unit of Warren Buffett's Berkshire Hathaway Inc, was awarded $17.52 million in compensation last year, mainly in the form of a bonus, a regulatory filing shows. He also got a $1 million salary plus $1.52 million of other awards. The total amount was down from $40.77 million in 2015, which included $39.5 million of...

  • JOHANNESBURG— African telecommunications giant MTN warned shareholders Monday to expect big losses caused by a $1 billion regulatory fine in Nigeria, damaging foreign exchange rates and a share offering to promote black empowerment in South Africa. A statement from the South Africa- based company said it would announce full-year losses for 2016 on...

  • President Donald Trump is seen through a window speaking on the phone on Jan. 29, 2017.

    President Donald Trump's administration will no longer challenge Texas' strict voter ID law, attorney says.

  • WASHINGTON, Feb 27- The U.S. Federal Aviation Administration said Monday that Kenya now complies with international aviation safety standards and has been granted a Category 1 rating. With the designation, Kenyan air carriers able to secure the requisite U.S. Transportation Department authority can establish service to the United States and carry the code...

  • Feb 27- Goldman Sachs Group Inc is building a 1.1 million square foot office in London with initial occupancy slated for 2019, it said in a regulatory filing on Monday, even as global banks grapple with risks around Brexit. When completed, the new London building would be about half the size of Goldman's executive offices in downtown New York at 200 West Street.

  • How leading banks are battling tech disruption

    Blockchain Board Director Antony Jenkins talks about the state of the banking sector, and how it’s impacted by developments in the regulation field and by digital disruption.

  • WASHINGTON— U.S. businesses boosted their orders for long-lasting manufactured goods in January by the largest amount in three months, but a key category that tracks business investment plans slipped. Orders for durable goods rose 1.8 percent in January after two months of declines, the Commerce Department said Monday. Sal Guatieri, senior economist at BMO...

  • *270 mln euros to be invested. PARIS, Feb 27- French drugmaker Sanofi and Swiss manufacturer Lonza will invest 270 million euros in a new large-scale biologics facility that will produce monoclonal antibodies by 2020, the two companies said on Monday. Pending regulatory approvals, the facility- which will be established through a 50-50 joint venture- will be...

  • AUGUSTA, Maine— Fishing regulators and industry representatives support a plan for a lottery system to get new fishermen into Maine's lucrative baby eel fishery, which is a key piece of the sushi supply chain. Maine is the only state with a significant fishery for baby eels. "I'd like to see some younger kids get in," said Darrell Young, who heads the Maine Elver...

  • Guo Shuqing answers media questions before the second plenary session of China's parliament, the National People's Congress (NPC), at the Great Hall of the People on March 8, 2015 in Beijing, China.

    One of China's biggest ­official supporters of a free market looks set to head the country's banking industry watchdog, the SCMP reports.

  • The London Stock Exchange says its planned merger with the Deutsche Boerse is likely to be blocked after the European Commission raised antitrust concerns. In a statement Sunday, the London exchange said the European Commission, the executive branch of the European Union, was demanding that it sell its majority stake in the electronic bond market MTS before...

  • 'Non-reforms' in the Chinese equity markets

    Christopher Beddor, associate at the Eurasia Group, weighs in on the capital market reforms taking place in China.

  • PAWTUCKET, R.I.— The billionaire industrialist Charles Koch and hair braider Jocelyn DoCouto have at least one thing in common. She is supported by the Koch-affiliated libertarian law firm Institute for Justice, based in Arlington, Virginia, which through lawsuits and lobbying in more than a dozen states has been fighting to deregulate the practice of natural...

  • BEIJING, Feb 26- China will focus on stable development of its capital markets this year, but will press ahead to further open its markets to foreign companies, the top securities regulator said on Sunday. "We will not waver from reforms more market-based, law-based and international, Liu Shiyu, chairman of the China Securities Regulatory Commission, told a news...

  • BEIJING— China needs to do more to stop risky behavior in its stock market, a regulator said Sunday, following a 2015 collapse in share prices and complaints investors are engaged in a dangerous new round of speculative buying. Regulators need to stop "blind expansion" by financial firms, the deputy chairman of the China Securities Regulatory Commission, Li Chao,...

  • Feb 24- Pfizer Inc said it received subpoenas from the U.S. Attorney's Office for the District of Massachusetts related to its support for organizations that provide financial help to Medicare patients. In a regulatory filing on Thursday, Pfizer said the December 2015 and July 2016 subpoenas were related to groups that help cover patient co-payments for...