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China’s securities regulator banned major shareholders, corporate executives and directors from selling stakes in listed companies for six months, its latest effort to stop the nation’s $3.5 trillion stock-market rout. Investors with stakes exceeding 5 percent must maintain their positions, the China Securities Regulatory Commission said in a statement. While China has already ordered government-owned institutions to maintain or boost their stock holdings, the CSRC’s directive expands the ban on
Toyota’s highest ranking female executive until her arrest in Japan on suspicion of drug law violations was released from custody without charges Wednesday. Julie Hamp, 55, who resigned last week from …
Chinese e-commerce company Alibaba Group Holding Ltd is investing more than $100 million in Mei.com, a “flash sales” platform for luxury and fashion goods, according to a source with knowledge of the deal. Alibaba had said earlier on Wednesday it would form a team within its Tmall business-to-consumer platform to help Mei.com expand its user base, product offerings, logistics and IT infrastructure, but did not disclose the size of its
China announced a flurry of new moves Wednesday to halt a stock market slide. The result? Another big dive in share prices. The government told state companies and executives to buy shares, raised the …
Toyota’s highest ranking female executive until her arrest in Japan on suspicion of drug law violations was released from custody without charges Wednesday. Julie Hamp, 55, who resigned last week from …
U.S. stock index futures indicated a lower open as worries over China’s relentless selloff and Greece’s debt crisis weighed on investor sentiment.
On the eve of San Diego Comic-Con, StarWars.com announced that directors Phil Lord and Chris Miller signed on to direct a Star Wars anthology film focusing on the early life of the young smuggler…
On the eve of San Diego Comic-Con, StarWars.com announced that directors Phil Lord and Chris Miller signed on to direct a Star Wars anthology film focusing on the early life of the young smuggler…
A bronze bust of Bill Cosby is being removed from Disney’s Hollywood Studios theme park, a spokeswoman for Walt Disney World said, per NBC News. The statue was supposed to come down…
A bronze bust of Bill Cosby is being removed from Disney’s Hollywood Studios theme park, a spokeswoman for Walt Disney World said, per NBC News. The statue was supposed to come down…
