[BEIJING] A draft amendment to China's Statistics Law will make officials and their bosses directly accountable for data accuracy and also increase the ceiling on fines for companies that report...

[BEIJING] China on Tuesday imposed a US$23.6 million fine on US automaker Ford's joint venture for "price fixing" in violation of anti-monopoly laws - a move coinciding with growing trade tensions...

[SYDNEY] Australia's big banks - once among the most profitable in the world - are being forced to amass war chests worth billions of dollars to reimburse customers for years of dodgy fees.

[NEW YORK] US officials fined Societe Generale US$1.3 billion after charging the French bank with violating US sanctions on Cuba, Iran and other countries in a criminal settlement unveiled Monday...

[SYDNEY] An Australian court fined No. 2 lender Westpac Banking Corp A$3.3 million (S$3.3 million) for unconscionable conduct in the way its traders handled a key rate for several years.

WHAT happens to the companies that allow our personal data to be stolen? In most cases, nothing. Sometimes, there is a short-lived flurry of bad publicity, a brief dip in stock prices, a class-...

NOMURA Holding America Inc and affiliates agreed to pay a US$480 million penalty to resolve US claims that the bank misled investors in marketing and selling mortgage-backed securities tied to the...

[NEW YORK] New York state financial regulators on Wednesday fined the Dubai-based Mashreqbank US$40 million, saying it cleared millions of high-risk transactions with scant safeguards against...

[BRUSSELS] Google on Tuesday appealed the biggest ever anti-trust fine by the EU, which imposed a 4.34 billion euro (S$6.9 billion) penalty on the US tech giant for illegally abusing the dominance...

[NEW YORK] Britain's Royal Bank of Scotland will pay US$4.9 billion to settle charges it misled investors on mortgage-backed securities ahead of the financial crisis, the US Justice...