China charges former No 2 securities regulator for taking US$10.5 million in bribes and insider trading
Wednesday, 11 July 2018 China has put Yao Gang, former vice-chairman of the China Securities Regulatory Commission (CSRC) on trial in a local court on Wednesday for taking 69.6 million yuan (US$10.5 million) in bribes and illegally making 2.1 million yuan of gains from insider trading, the Central China Television reported. Yao, 56, was placed under investigation for alleged corruption in November 2015, five months after the worst rout in China’s stock market history that wiped out US$5 trillion of market value...
Former employees of two biopharmaceutical companies were convicted on Tuesday. The ex employees were brought to trial on U.S. charges that they used confidential information about drug studies to make huge profits in the stock market through insider trading. According to Reuters, a federal jury in...
Business Insider reports that a bottle of whiskey just entered the record books. A bottle of Macallan 1926 60-Year-Old just broke auction records for the most expensive bottle of whiskey ever sold. The..
On Friday and Saturday at the G20 summit in Argentina, President Donald Trump is meeting with Chinese President Xi Jinping. Business Insider reports that discussing the the US-China trade war is at the..
Beijing (AFP) Dec 1, 2018
UBS has been authorised by China's securities regulator to take a controlling stake in a local business, making the Swiss giant the... Energy Daily - ScienceAlso reported by •S.China Morning Post