Analysis: U.S., China audit agreement not yet a done deal, lawyers warn
There was much relief for investors in U.S.-listed Chinese firms after Beijing and Washington struck a long-pending audit deal, but legal experts and China watchers warn the two sides could still clash over how the accord is interpreted and implemented.
Analysis: Overlapping rules to curb greenwashing may only add to company frustration
Three competing plans to curb companies from exaggerating their green credentials could lead to more frustration and costs for businesses, especially starting next year.
Ericsson shares fall on worries of bigger fine as U.S. SEC starts probe
Shares of Ericsson (ERICb.ST) fell 2.5% on Friday as the chance of it suffering a higher fine increased with the U.S. Securities and Exchange Commission (SEC) starting a separate investigation into the company’s handling of misconduct in Iraq.
Japan urges crypto firms to comply with sanctions against Russia
Japanese authorities ordered crypto exchanges on Monday not to process transactions involving crypto assets subject to asset-freeze sanctions against Russia and Belarus over the war in Ukraine.
Analysis: Investors see risks spiking, fear market-wide liquidity crunch
Wild swings in asset prices following Russia’s invasion of Ukraine are prompting some investors to pare risk in their portfolios, fearing that the type of volatility seen in commodities in recent weeks could hit other markets.
Trump’s Truth Social tops downloads on Apple App Store; many waitlisted
Donald Trump’s new social media venture, Truth Social, launched late on Sunday in Apple’s App Store, potentially marking the former president’s return to social media after he was banned from several platforms last year
Robinhood says it is in ‘strong position’ to face unlikely market events
Robinhood Markets Inc (HOOD.O) on Tuesday highlighted steps it has taken to avoid imposing trading restrictions and said it was in a “strong position” to support customers through unlikely market events, in a blog post published almost one year after a social-media-fueled rally that rattled markets.
Exxon Q4 earnings poised to exceed pre-pandemic level -analysts
Exxon Mobil Corp’s (XOM.N) fourth quarter profit should top Wall Street’s consensus and surpass its pre-pandemic levels, lifted by better-than-expected earnings from oil and gas, analysts said.
U.S. SEC to tighten insider trading rules, boost money market fund resilience
The U.S. Securities and Exchange Commission (SEC) on Wednesday proposed tightening a legal safe-harbor that allows corporate insiders to trade in a company’s shares, and other rules to improve the resilience of money market funds.
