A probe into possible price fixing by foreign and domestic baby formula firms will lead to the consolidation of the dairy sector, experts have said.
The U.S. Securities and Exchange Commission (SEC) announced on Monday that it suspended trading in the securities of 61 so-called empty shell companies, the second- largest trading suspension in the agency's history.
South Korea planned to incubate and nurture small companies through a new capital market called "KONEX " that would enhance access of growth venture companies to the equity capital market, a senior official of the main bourse operator said Friday.
A deal between Chinese and U.S. regulators has been hailed as a key step toward opening the way to probes of bungled audits of U.S.-listed Chinese companies, but experts say questions remain.
Samsung Electronics and Hyundai Motor accounted for more than half of net profits generated by top 100 companies by sales in South Korea, boosting concerns over excessive dependence on a few number of companies, local media reported Wednesday.
Drastic moves to crack down on the misconduct of listed companies were applauded by investors in cyberspace as a crucial step to clean the market environment.
China's currency RMB is not expected to lead to the substitution or marginalization of the Hong Kong dollar, according to a new survey.
China's dairy industry is attempting to rebrand itself due to plummeting consumer confidence and competition from foreign brands.
China's state-owned enterprises (SOEs) lost their position as the most profitable sector and became the country's biggest losers last year, according to the annual results listed companies reported for 2012.
Many Asia Pacific countries have been included in a report comprehensively detailing the inner workings of offshore tax havens from a watchdog reporting network, by which could spark an unprecedented increase in financial accountability.
Regulators have hit Moutai and Wuliangye, two of China's liquor giants, with record penalties of 449 million yuan (71.9 million U.S. dollars) for price fixing, a punishment hailed by Chinese netizens.
China's IPOs slumped in 2012, with newly listed A-share companies and fundraising at a three-year low...But where the number of new listed companies fell - the business of selling shares and rights in existing companies - boomed.
China has fined South Korean makers of LCD screens Samsung and LG - along with several Taiwanese manufacturers - nearly 23 million US dollars...
As online shopping and deliveries surge in China, the country's logistics industry is set for rapid growth.But according to the State Post Bureau, more than 100 logistic companies' permits were canceled in 2012, over quality and safety concerns...
As China seeks to shake off its image of the world's mass-producer of cheap products and move up the value chain, Chinese companies are trying to reshape their reputations in the international market to win acceptance.
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