Sebi has proposed a fine of ₹50,000 for each instance of non-cooperation by listed companies. Monitoring agencies would be empowered to submit reports directly to stock exchanges. Stricter enforcement measures may include freezing promoters' demat accounts. Companies are required to provide information to monitoring agencies within prescribed timelines. This initiative aims to ensure better…
Korean stocks opened a tad higher Wednesday, despite overnight losses on Wall Street amid lingering concerns about artificial intelligence (AI) spending.
The US Department of the Treasury announced on Tuesday a $1.210 billion penalty against Bank of America for violating the country's anti-money laundering laws and sanctions laws.
Japan’s richest man Masayoshi Son and South Korea’s top billionaire Jay Y. Lee posted a combined net worth decline of over $8 billion on Tuesday, among the world’s five biggest wealth losers.
