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SINGAPORE: A strange thing happens in Singapore after the government announces it’s selling highly-coveted land. Executives from developers bidding for the sites hit the golf course together.
BEIJING: China has laid the cornerstone to build a capital market that is more capable of serving the real economy via revisions to the Securities Law, with breakthroughs in deepening market-oriented reforms and intensifying a crackdown on illegal market behaviour, experts said.
BEIJING (AFP): Chinese lawmakers agreed Saturday (Dec 28) to slash red tape for initial public offerings, approving an amendment to the country's securities law that also aims to better protect investors and prevent insider trading.
Former Yunnan boss Qin Guangrong became one of the most senior figures to surrender to anti-graft investigators in May. State media reports that he has now been placed under formal arrest on suspicion of taking bribes.
NEW YORK: Chris Collins, a former U.S. Congressman from New York state who was known as an early backer of President Donald Trump, pleaded guilty on Tuesday to taking part in an insider trading scheme.
Google is bracing for another landmark privacy decision at the European Union’s top court.
PETALING JAYA: The Kuala Lumpur Sessions Court has sentenced a former executive deputy chairman of a public-listed company to a five-year jail term and a fine of RM9mil for insider trading offences, after a full trial with 24 witnesses having testified for both the prosecution and defence.
KUALA LUMPUR: A former executive with Malaysian Merchant Marine Bhd (MMM) was sentenced to five years’ jail and fined RM9mil for insider trading in the shares of the now-delisted marine company.
NEW YORK CITY: Raj Rajaratnam (pic), the mastermind of what prosecutors said was one of the largest hedge-fund insider- trading rings in US history, is out of prison – almost two years early.
COLOMBO (Reuters) - Sri Lanka will ask Singapore to extradite former central bank governor Arjuna Mahendran in connection with an insider trading investigation, a Foreign Ministry official said on Tuesday.