Capital
China regulator vows to clamp down harder on capital market fraud
CSRC and five other government agencies jointly published a set of guidelines against capital markets cheating, their latest efforts to address a deep-rooted issueCHINA’S securities regulator vowed on Friday...
Mercurius Capital, indebted to auditors and accountants, says it can’t hold AGM by deadline
MERCURIUS Capital Investment said on Thursday (Jul 4) that it is unable to convene its annual general meeting (AGM) for its financial year ended Dec 31, 2023 by the...
AI deals lift US venture capital funding to highest level in two years, data shows
US VENTURE capital funding surged to US$55.6 billion in the second quarter, marking the highest quarterly total in two years, according to PitchBook data published on Wednesday (Jul 3).The...
Trading app Robinhood agrees deal with Pluto Capital to tap into AI
ROBINHOOD Markets said on Monday (Jul 1) it had bought artificial intelligence (AI) powered investment platform Pluto Capital, adding the trading app to a growing list of companies looking...
GXS Bank receives S$229.5 million capital injection from backers
GXS Bank has received a S$229.5 million capital injection from backers Singtel and Grab, according to regulatory filings with the Accounting and Corporate Regulatory Authority of Singapore.Grab took up...
Switzerland sticks to bank capital schedule in blow to UBS
SWITZERLAND said it will keep to its schedule for implementing global bank capital rules despite continued wrangling over the standards in the United States, potentially putting its largest lender...
EU says to delay core element of Basel bank capital rules
THE European Union will peg back implementation of a core element in the final leg of global rules governing bank capital by one year to January 2026, citing a...
Serial Achieva seeks access to capital markets to grow regional IT distribution business
IN its bid to grow in South-east Asia, IT products and computer peripherals distributor Serial Achieva is seeking access to capital markets through a reverse takeover (RTO) transaction with...
