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JPMorgan Applies to Launch Brokerage in China

JPMorgan Chase is seeking approval from a Chinese regulator to launch a joint-venture brokerage in the country, becoming the latest bank to explore the opportunity after Chinese authorities loosened rules on foreign firms controlling such ventures......»»

Category: asiaSource: wsjMay 11th, 2018

SC asks directors of Unitech Ltd to give details of personal assets

The bench headed by Dipak Misra directed that neither any director, nor their agents or assignees "shall create any third party interest in the properties" of the firms.....»»

Category: topSource: business-standardMay 2nd, 2018

China eases rules: Foreign firms can own stakes in security ventures

China's announcement of the changes in 2017 coincided with a visit by US President Donald Trump to the country.....»»

Category: topSource: business-standardApr 29th, 2018

RBI eases rules for foreign investors, lifts 3-yr cap on bond investments

Move follows weak interest in two recent auctions that saw a spike in sovereign debt yields.....»»

Category: topSource: business-standardApr 28th, 2018

160-year-old department store Bon-Ton is preparing to liquidate its assets

Charles Krupa / AP Images Two liquidation firms have won an auction for The Bon-Ton Stores' assets.&nbs.....»»

Category: topSource: businessinsiderApr 18th, 2018

Tobacco farmers argue for banning FDI but major firms warn of monopoly

Current rules prohibit a foreign entity from investing in the manufacture of all forms of smoking and chewing tobacco products, including cigarettes, bidis and cigars.....»»

Category: topSource: business-standardApr 11th, 2018

State Bank of India, Punjab National Bank to sell 15 NPAs worth Rs 10.63 bn

Leading public sector lenders State Bank of India (SBI) and Punjab National Bank (PNB) have put their 15 non-performing assets worth Rs 1,063 crore for sale. Both the banks said they will conduct the e-auction on 20th of this month.....»»

Category: topSource: business-standardApr 8th, 2018

A huge European security regulation that affects many U.S. companies takes effect this week

Small businesses, nonprofits, research firms and solopreneurs – wherever they’re located – are also subject to these rules......»»

Category: topSource: washpost1 hr. 16 min. ago

UAE to ease visa rules to allow 100% foreign business ownership by year-end

The decision is part of wider change that would grant residency visas of up to 10 years to investors and specialists in scientific, technical, medical and research fields.....»»

Category: topSource: business-standardMay 20th, 2018

Foreign Effects of Higher U.S. Interest Rates

The post Foreign Effects of Higher U.S. Interest Rates appeared first on The Big Picture......»»

Category: blogSource: TheBigPictureMay 18th, 2018

Sebi further extends deadline for new FPI limits monitoring system

Under the new rules, the system for monitoring the foreign investment limits in listed Indian companies will be implemented and housed at the depositories - NSDL and CDSL.....»»

Category: topSource: business-standardMay 17th, 2018

As RCom faces insolvency test; Mukesh Ambani"s hope of bailing it out fade

Insolvency administrators will now oversee disposal of RCom assets under rules that could bar him from bidding for them......»»

Category: topSource: business-standardMay 17th, 2018

The FBI is "deeply concerned" about espionage from companies like Chinese tech giant ZTE as Trump tries to lift sanctions on them

FBI Director Christopher Wray has warned that the agency is "deeply concerned" about companies "beholden to foreign governments." Wray's comments about foreign firms conducting espionage and steal.....»»

Category: topSource: businessinsiderMay 16th, 2018

Fraud-hit PNB stock is a dud investment, caution analysts

The results have made analysts cautious on public sector banks (PSBs) that are saddled with a large quantum of non-performing assets (NPAs).....»»

Category: topSource: business-standardMay 16th, 2018

ArcelorMittal pays Rs 70 billion to become eligible bidder for Essar Steel

The payment relates to dues on account of Uttam Galva Steels and KSS Petron, both classified as non-performing assets (NPAs) for more than a year.....»»

Category: topSource: business-standardMay 15th, 2018

CEO: Verizon has no interest in being a traditional TV network

Verizon was previously reported to have made an offer for the Fox assets, but ultimately lost out to Disney......»»

Category: topSource: moneycentralMay 15th, 2018

Rates on US Treasury bills nearly reach a 10-year high

Interest rates on short-term Treasury bills rose in Monday's auction to their highest levels in nearly a decade......»»

Category: topSource: foxnewsMay 14th, 2018

Deducting home loans interest is trickier under new tax rules

If you are looking to take a mortgage or home equity loan, you need to know how the tax changes may impact you.....»»

Category: topSource: moneycentralMay 14th, 2018

Deducting home loans interest is trickier under new tax rules

If you are looking to take a mortgage or home equity loan, you need to know how the tax changes may impact you.....»»

Category: topSource: moneycentralMay 14th, 2018

Tesla registers Shanghai electric car firm ahead of ownership rule change

SHANGHAI (Reuters) - Tesla Inc has registered a new electric car firm in Shanghai, as China prepares to scrap rules on capping foreign ownership of new-energy vehicle (NEV) ventures......»»

Category: topSource: reutersMay 14th, 2018