According to government officials and industry insiders, India has halted plans to allow local companies to list on foreign exchanges as it attempts to strengthen its own capital markets, dealing a blow to foreign funds and stock exchanges hoping to… Read More ›
Regulations & Legal
Russian Markets Set To Reopen; Russia Bans Foreigners From Selling Off Stocks
After a nearly month-long hiatus, Russia expects to resume stock trading on Thursday, with 33 rouble securities to be traded on the Moscow Exchange. Non-residents, on the other hand, will have to wait until April 1 to sell equities and… Read More ›
USTR reinstates tariffs on 352 Chinese products
The Biden Administration has reinstated 352 from U.S. “Section 301” tariffs on Chinese imports, effective retroactively from October 12, 2021 and extended through Dec. 31, 2022, said the USTR. The move covers a wide range of Chinese products worth around… Read More ›
Unfriendly countries will pay for LNG supplies in Rubles: Putin
In a statement Russian President Vladimir Putin said, unfriendly countries will have to pay for gas in rubles. Following the announcement European gas prices soared since the move will exacerbate the region’s energy crunch. Western nations led by the United… Read More ›
Singapore relaxes COVID-19 norms
In a statement on Thursday, Singapore’s Prime Minister Lee Hsien Loong said, it is lifting more COVID-19 curbs including most restrictions for fully vaccinated visitors arriving in the country; it is also dropping requirements to wear masks outdoors. Singapore was… Read More ›
Thailand bans usage of digital assets for making payments from April 1 2022
On Wednesday, Thailand’s market regulator said, from April 1, 2022, it has banned the use of digital assets for being used to pay for goods and services. The move is in line with earlier discussions between the Securities and Exchange… Read More ›
US UK sign new trade deal, ends tariffs on wide range of products
In a significant development, Britain and the United States ended a four-year dispute over aluminium and steel tariffs and pledged to collaborate to counter China. The trade deal sees the removal of US retaliatory tariffs a range of items including… Read More ›
Is It Possible For Companies Exiting Russia To Make Up Losses Through Insurance?
Hundreds of corporations, including Shell Plc, Hyundai Motor Co, and PwC, a worldwide professional services organisation, have said that they are withdrawing or halting activities in Russia as a result of the country’s invasion of Ukraine. The following are some… Read More ›
Debt Payments Are Proving Difficult For Russian Sanctions-Linked Companies
Investors were on pins and needles as coupon payments to international holders of Russian debt obligations tied to sanctioned oligarchs hit a snag due to Western sanctions prompted by Moscow’s invasion of Ukraine. According to a source close to the… Read More ›
Britain’s Advertising Watchdog Tightens Its Regulation Of Crypto Firms
The Advertising Standards Authority of the United Kingdom has increased its scrutiny of cryptocurrency advertisements and has ordered more than 50 companies in the crypto industry to adequately inform their customers that digital assets are unregulated and volatile. During the… Read More ›