Finance News

China Decreased Banks Reserve Ratio by 0.25% Effective 27th March 2023 to Improve Liquidity & Support Economic Recovery, Weighted Reserve Ratio Requir

China Decreased Banks Reserve Ratio by 0.25% Effective 27th March 2023 to Improve Liquidity & Support Economic Recovery, Weighted Reserve Ratio Requirements at 7.6% after 0.25% Decrease 18th March 2023 | Hong Kong China central bank the People

logo.png  By NB  Mar 19, 2023

$122 Billion Pharmaceutical Giant Amgen, CEO & CFO Sued in United States Federal Court by Detroit Pension Fund for Hiding $10.7 Billion Back-Taxes

$122 Billion Pharmaceutical Giant Amgen, CEO & CFO Sued in United States Federal Court by Detroit Pension Fund for Hiding $10.7 Billion Back-Taxes 18th March 2023 | Hong Kong Pharmaceutical giant Amgen with $122 billion in market capitalization (

logo.png  By NB  Mar 19, 2023

Deloitte Fined $30.7 Million & Suspended in China for 3 Months for Severe Inaccurate Audit of China Huarong Asset Management 

Deloitte Fined $30.7 Million & Suspended in China for 3 Months for Severe Inaccurate Audit of China Huarong Asset Management  18th March 2023 | Singapore Deloitte (One of Big 4 audit firm) had been fined $30.7 million (CNY 211.9 million) and susp

logo.png  By NB  Mar 19, 2023

$56 Billion UBS to Explore Buying $8.05 Billion Credit Suisse in Parts or in Full, Urged by Swiss Regulator FINMA

$56 Billion UBS to Explore Buying $8.05 Billion Credit Suisse in Parts or in Full, Urged by Swiss Regulator FINMA 18th March 2023 | Hong Kong UBS with $56 billion market value (17/3/23) is exploring options to buy Credit Suisse with market value of $

logo.png  By NB  Mar 19, 2023