 | | | | Hong Kong's markets watchdog expects to penalise more brokers for misconduct over listings in the financial hub, particularly smaller firms, its enforcement director said on Wednesday, despite some large fines levied recently. | | | | | | The Indian government is considering allowing foreign institutional investors to buy up to a total of 20% in state-owned Life Insurance Corporation (LIC), a government source said on Wednesday, as it presses ahead with a stake sale. | | | | | | Abu Dhabi on Wednesday gave an initial price guidance of about 90 basis points (bps) over U.S. Treasuries (UST) for 10-year bonds and around 130 bps over UST for 30-year bonds, a bank document showed, in its second bond sale of the year. | | | | | | Indonesian venture capital firm Intudo Ventures said on Wednesday it had closed its third "Indonesia-only" fund at $115 million, amid a tech sector boom for Southeast Asia's largest economy. | | | | | | Value investor Ardan Livvey on Tuesday criticised Deutz AG , a German maker of diesel engines in which it said it was a top-five shareholder, for failing to provide adequate guidance on its business outlook. | | | | | | Chinese dissident and artist Ai Weiwei has said Credit Suisse told him it was closing his foundation's bank account in Switzerland earlier this year citing his "criminal record" in China, despite the activist never being convicted of a crime. | | | | | | Russian car-sharing company Delimobil and real estate database Cian are hoping to raise around $350 million each in U.S.-based initial public offerings this autumn, financial market sources said on Tuesday, leading the Russian IPO charge in New York. | | | | | | The U.S. securities regulator has been asking money managers to explain the standards they use for classifying funds as environmental, social and governance (ESG)-focused for several months, according to two sources familiar with the queries. | | | | | | Danske Bank said on Friday it had identified a new issue within its tax services, which could have led up to 6,000 customers to suffer losses from incorrect pay-outs and tax benefits of almost $8 million. | | | | | | Joe Perkins, head of Michigan-based auto supplier Mobex Global, marked Labor Day weekend this year as more than a holiday or a symbolic nod to U.S. workers. | | | | | |
