NYSE may leave New York if trading is taxed
Senior New York state legislators have signalled interest in enacting a tax on stock sales to address a dire budget shortfall amid the coronavirus downturn.
11 Feb, 2021, 08.26 AM IST
US considering adding Alibaba, Tencent to China investment ban: Sources
07 Jan, 2021, 04.26 PM IST
Targeting Asia’s two most valuable companies would be U.S. President Donald Trump’s most dramatic step yet in a recent raft of measures unleashed against Chinese companies as he seeks to cement his hardline policy against Beijing during his final days in office.
NYSE reverses again with plan to delist China telecom firms
06 Jan, 2021, 08.49 PM IST
The exasperation reached the highest levels of the administration of President Donald Trump, who signed an executive order in November requiring investors to pull out of Chinese businesses deemed a threat to U.S. national security.
China criticizes US order against dealing with Chinese apps
06 Jan, 2021, 05.58 PM IST
Tuesday’s order escalated a conflict with Beijing over technology, security and spying accusations that has plunged U.S.-Chinese relations to their lowest level in decades. It followed confusion in financial markets after the New York Stock Exchange announced last week it would remove three Chinese phone companies and then withdrew that plan Monday.
Asian stocks mixed as markets await US runoff results
06 Jan, 2021, 08.33 AM IST
Adding to broader uncertainty in markets was the latest twist in a regulatory saga over whether the New York Stock Exchange would delist three Chinese telecom giants on security grounds.