The US Treasury said it would halt Russia’s ability to make debt payments in dollars through US banks as world leaders sought to punish Moscow for the apparent mass killings of unarmed civilians in Ukraine. Emmanuel Macron urged a ban on Russian oil and coal imports while Joe Biden called for a war crimes trial
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Beijing has revised its audit secrecy laws in a bid to stop around 270 Chinese companies from being delisted from US exchanges, in a significant concession to pressure from Washington. The China Securities Regulatory Commission, Beijing’s top financial watchdog, said on Saturday it would change confidentiality laws that prevent its overseas-listed companies from providing sensitive
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Traders on the NYSE Feb. 28, 2022. Source: NYSE Select Chinese stocks have declined sharply on Thursday. China watchers believe this is likely because the Securities and Exchange Commission has identified five U.S.-listed American depositary receipts of Chinese companies (Yum China, BeiGene, Zai Lab, ACM Research and HUTCHMED) for failing to adhere to the Holding
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Traders on the floor of the NYSE, March 2, 2022. Source: NYSE The Securities and Exchange Commission is voting on Wednesday to propose new cybersecurity rules for public companies.   There are two components to the proposal: Mandatory cybersecurity incident reporting: “Material” incidents would have to be reported on an 8-K form within four business days
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