Tag: us

The US and China have agreed to allow the US accounting watchdog to access audit papers of US-listed Chinese firms alleged of fraud. A handful of the major accounting firms were holding off supplying the information for fear of breaking Chinese law.

A snapshot of how Asian investment grade corporate spreads compare to their US counterparts.

The US has issued final rules compelling foreign financial institutions to reveal details of US taxpayers who deposit money with them and their US-related transactions. CT asks Florence Carr (pictured), Asia-Pacific FATCA expert for Ernst & Young, how to comply.

Analysts were surprised when US trade deficit rose to almost $50 billion. Having digested the news, many have revised lower their annual GDP estimates for the North American nation.

Europe will delay the Basel III deadline for bank capital requirements for six months at least. Originally set to go live in January 2013, Europe now follows the US in postponing the regulations.

The US Department of Justice and Securities and Exchange Commission released a new guide to the Foreign Corrupt Practices Act (FCPA). Allan Matheson, managing director of Blue Umbrella, advises Asian companies on how not to fall foul of the US anti-graft rule.

China ditched ROE and adopted EVA to measure company performance in 2010, but the US export is turning out to be a mismatch.

The Hong Kong Monetary Authority intervened twice in one week to maintain the Hong Kong dollar peg. What is driving Hong Kong dollar's appreciation? Will the surge abate soon? CT asks the experts.

Citi has appointed Tim Tynan to run transaction services in Japan. Tynan has moved in-house from New York where he was COO for Citi’s transaction services business.

Poor Taiwanese export numbers follow a regional drop in trade, particularly from Asia to developed markets.

Department of Financial Services’ (DFS) order to Standard Chartered Bank reads sensationally and personally. The extent of the banks’ wrongdoing is exaggerated.

The Department of Financial Services’ (DFS) accuses Standard Chartered Bank of hiding information in transactions for which ING and HSBC have just incurred record fines.