You Searched For "regulatory crackdown" and got 20 results
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4 mins read
China lost 36% of its billionaires to years of economic troubles and crackdowns
China has lost 432 billionaires since the high of 1,185 in 2021, according to a list compiled by t…
Hannah Abraham
3 mins read
RBI crackdown on personal loans – Bajaj Finance, IIFL, Aditya Birla and SBI Cards to take a bigger hit, say analysts
Reserve Bank of India’s crackdown on personal loan disbursals by banks and non-banking finance comp…
2 mins read
It's starting to look like China regrets its private-enterprise crackdown
Beijing's official readout from its annual Central Economic Work Conference suggests "remorse," wro…
Huileng Tan
1 min read
China regulator suggests Big Tech crackdown may be coming to an end, report says
More than a thousand issues related to the fintech operations of 14 internet platforms were identif…
Carla Mozée
4 mins read
Wall Street has made serious strides to embrace crypto this year. But after FTX's implosion, a regulatory crackdown is imminent.
From BlackRock to Apollo, the biggest names on the Street have been dabbling in crypto. FTX's implo…
Morgan Chittum,Rebecca Ungari…
1 min read
China freezes more than 40 IPOs pending an investigation as regulatory screws tighten
The securities regulator also indicated it would pursue cooperation with the US on auditing supervi…
Ethan Wu
1 min read
Beijing expands regulatory crackdown to brokerages that give Chinese investors access to US stocks
China's personal data privacy law that takes effect November 1 could lead to violations and complia…
Matthew Fox
2 mins read
Alibaba surges 10% as investors hope for easing of tensions with Biden and Xi set to meet
Alibaba stock was catching the attention of retail investors Thursday, according to a sentiment tra…
Carla Mozée
2 mins read
China declares all crypto-related transactions illegal and forbids overseas exchanges from serving its citizens
Cryptocurrencies "cannot be used as currency in the market," China's central bank said, in its toug…
Shalini Nagarajan
1 min read
Casino stocks slide for a 2nd day as China enclave of Macau launches review of gambling industry
The Macau gambling review will include rules about licenses and a proposal for direct government su…
Carla Mozée
1 min read
Crypto trading volume on Binance is reportedly soaring despite a market crackdown and regulatory pressure
Spot cryptocurrency trading volumes at Binance were $789 billion in September, a 74% surge from $45…
Carla Mozée
1 min read
Hedge-fund billionaire Ray Dalio says investors shouldn't ignore investing opportunities in China even after recent market turmoil
"It's a part of the world that one can't neglect and not only because of the opportunities it provi…
Emily Graffeo
1 min read
China's Weibo reportedly shuts down accounts for stock tips as Beijing targets content it deems damaging
Weibo has closed at least 52 accounts, the largest of which had more than 3 million followers, acco…
Carla Mozée
2 mins read
Chinese regulators call in Didi and 10 other ride-hailing companies, to tell them to fall in line immediately
Transport authorities told the ride-hailing services to review their use of unapproved drivers and …
Sophie Kiderlin
1 min read
Didi surges 12% and leads other Chinese stocks higher as investors eye a bottom for the recent free-fall
The slight reprieve for Didi - and for other US-listed Chinese giants - still pales in comparison t…
Ethan Wu
1 min read
Didi surges on report it's weighing going private amid regulatory pressure
Didi denied the WSJ report, saying it is "not true" that it's considering a take-private transactio…
Carla Mozée
2 mins read
Binance stops offering crypto derivatives in Brazil as it shapes up to regulators' demands
Binance halted trading in crypto derivatives on its Brazil platform to comply with a July 2020 orde…
Camomile Shumba
2 mins read
Tencent warns China's regulatory crackdown on internet companies isn't over yet
On the tech giant's second-quarter earnings call, Tencent's president said he expects more regulato…
Sophie Kiderlin
2 mins read
Tech stocks get battered after China passes a strict data privacy law, extending its regulatory crackdown
The law articulates for the first time a set of rules around better storage of user data and the co…
Shalini Nagarajan
1 min read
Ark Invest's Cathie Wood says China's regulatory crackdown clashes with its goal of becoming a global innovation leader
Wood, who gained recognition for the strong performance of her funds in 2020, dumped Chinese stocks…