Scandal-hit Libor sold for $1.50 to NYSE Euronext; China announces 10 key financial policy measures: India bans banks from prop trading on currency derivatives.
China publishes new draft IPO rules; South Korea in the hunt for tax evaders: Samsung Group executives targeted; Myanmar to launch its first FX market.
ANZ casts doubts over China's official data and analyses it with a fraud detection formula developed by twentieth century physicist Frank Albert Benford.
Governments are increasingly sensitive about the impact of transfer pricing. As economies dull, tax becomes a very thorny issue. CT reports on the regulatory moves to prevent tax from leaking out
CT talks to Angelica Kwan (pictured), US tax partner at PwC's Hong Kong office, on why CFOs at financial institutions should get ready for Uncle Sam’s latest attempt to levy a new 30% withholding tax on US-related deals.