Traders of any European asset class would be forced to hand over personal identification such as passport numbers to every venue they trade on due to a seldom-discussed aspect of the looming MiFID II laws which is a potentially a recipe… Read More ›
Regulations & Legal
Trump’s choice for Federal Reserve’s top post could significantly impact the U.S. economy
This should be read in the context of Larry Fink, the CEO of Blackstone, the largest asset manager in the world, saying the warning signs of the U.S. economy are getting darker. In what is likely to be a bid… Read More ›
Lobbying For Immigrant ‘Dreamers’ To Remain In U.S. To Be Done By Tech Companies
With the demand for legislation that would allow young, illegal immigrants a path to permanent residency, nearly two dozen major companies in technology and other industries are planning to launch a coalition, according to reports by the media. The documents… Read More ›
U.S. President Donald Trump clears significant hurdle for U.S. tax code overhaul
The tax-cut strategy calls for a reduction of corporate taxes from its existing 35% down to 20%. In a significant development, U.S President Donald Trump’s push to overhaul the U.S. tax code cleared a significantly hurdle with the Senate approving… Read More ›
Kobe Steel’s aluminum plates meet safety and durability standards: Toyota Motor Corp
Toyota is now checking whether Kobe Steel’s non-aluminum products meet the necessary standards as well. On Thursday, in what is likely to be a reprieve for embattled Japanese steelmaker Kobe Steel Ltd, Toyota Motor Corp has confirmed that the aluminum… Read More ›
Japan’s Securities and Exchange Surveillance Commission probing Toshiba latest earnings report
Toshiba’s auditor PriceWaterhouseCoopers Aarata LLC has qualified its latest earnings report. On Thursday, a source with direct knowledge of the matter has divulged that Japan’s securities watchdog is investigating Toshiba Corp’s latest earnings statements to see whether it has properly… Read More ›
Rise of India’s Minority Investors Challenges Local Billionaires
Shailesh Mehta, a 71-year-old investor who holds just 10 shares in the indebted telecom company of Anil Ambani was the target to blame for some of its woes at a recent shareholder meeting as the telecom unit is battling insolvency proceedings. By… Read More ›
Nissan – Japan’s second biggest automaker again in the dock for vehicle inspection misconduct
As per sources, uncertified technicians continued to certify final vehicle inspections as late as October 11. On Wednesday, as per two sources with direct knowledge of the matter at hand, despite reports of widespread misconduct at its factories in Japan,… Read More ›
T-Mobile U.S. Inc and Sprint Corp in exploratory merger talks
With both companies expecting touch negotiations with antitrust regulators, they are both keeping their cards close to their chest and have yet to disclose their respective potential concessions. According to multiple sources familiar with the matter at hand, T-Mobile U.S…. Read More ›
Reimposing economic sanctions on Tehran risks handing an upper hand to Iranian hardliners in negotiations with the West
Any form of reactionary based out of its domestic policy on the international theatre is likely to have significant impact on not only the U.S. economy but on regions surrounding Iran. On Saturday, Germany’s foreign minister warned that the U.S…. Read More ›