(Bloomberg) — Turkey’s capital markets regulator banned short-selling across all stocks and relaxed share buyback rules in a bid to prevent further equity losses after the country’s benchmark index tumbled last week following the detention of a prominent opposition leader. Most Read from Bloomberg The new rules, announced late Sunday, broaden a previous ban that…
Over the past few decades, there has been significant progress in gender equality globally, with more women holding parliamentary seats, fewer women living in extreme poverty and more legal reforms enacted to close the gender gap. But, despite the progress in some areas, the World Economic Forum’s Global Gender Gap Index predicts it will take…
Hong Kong is preparing to turn the local stock market’s operations fully electronic and paperless from early next year, starting with a focus on turning stock ownership into scripless records, the city’s capital market regulator said. The Securities and Futures Commission (SFC) would initiate the five-year reform process from as early as January next year,…
Some 250 listed companies in Hong Kong have yet to add at least one woman to their boards even as a deadline to comply with the exchange’s rules is only a month away, according to the Hong Kong Exchanges and Clearing (HKEX). “The deadline is the end of this year, so the next few weeks…
BENGALURU (Reuters) – India’s markets regulator on Thursday published a study that showed a jump in payment of royalty by listed companies and flagged the need for tighter regulations. The study, conducted between fiscal year 2014 and 2023 and comprised 233 companies, showed that one out of four times listed companies paid royalty to their…
Beijing has slashed capital requirements for foreign institutions and companies to buy into China’s listed firms as strategic investors, taking another step towards bolstering investor confidence in the country’s stock market. Investors who own proprietary assets of no less than US$50 million or have assets under management of at least US$300 million will be eligible…
A group of smaller listed companies are joining together to highlight the challenges they face and help other firms to use the Hong Kong stock market to raise funds and capture new business opportunities. The Hong Kong Small and Medium Listed Companies Association is a non-profit industry body formed by a group of businesspeople who…
(Bloomberg) — China is weighing plans for a stock stabilization fund, and will unleash at least 800 billion yuan ($113 billion) of initial liquidity support for its beleaguered equity market. Mainland and Hong Kong shares jumped. Most Read from Bloomberg The People’s Bank of China will set up a swap facility allowing securities firms, funds…