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The Thai market regulator has initiated an investigation after an individual surfaced with an estimated one billion US dollars in shareholdings in telecom titan True Corporation, thereby becoming one of its largest shareholders. The regulatory body intends to…
China’s market regulator recently imposed fines and seizures on seven e-commerce platforms, totaling 3.6 billion yuan (US$527.32 million), for failing to adhere to food delivery safety guidelines. The offenders include prominent companies such as Pinduoduo,…
The Australian Securities and Investments Commission cautioned investors about cryptocurrency risks, noting that they are «on their own» for the time being as efforts are underway to develop regulations. Consumers should approach investing in crypto with…
China’s Alibaba Group Holding Ltd beat estimates for third-quarter revenue on a pandemic-driven jump in e-commerce, but its shares dropped amid regulatory heat for founder Jack Ma’s business empire. It also announced a bond sale worth as much as $5 billion…
China’s securities watchdog issued 3.6 billion yuan of penalties over a case of insider trading by a Shanghainese entrepreneur and his daughter – an all-time record-high regulatory fine. Wang Yaoyuan and his daughter Wang Chengcheng were fined 2.72 billion…
