The Chinese e-commerce giant claimed the technology was in a trial phase and never deployed by any customer.
The SEC says the Chinese retailer fabricated more than $300 million in coupon sales to present a false picture of rapid growth to investors.
As developments in fintech continue to emerge, Chinese regulators have become increasingly worried about finance being overshadowed by technology.
House vote on audit rules could force the delisting of Chinese stocks if they don't comply with regulations.
The strong demand "shows investors are still underexposed to China and there definitely is a scarcity value perceived in these bonds"
The company's decision to put Taiwan's Pegatron on probation underscores the “challenge facing Apple as it seeks to address abuses in its supply chain."
“Both sides are under pressure to maintain a hawkish stance as domestic politics don't allow for yielding ground to someone else.”
The initial public offering would have valued Ant at more than $310 billion.
CEO Kevin Johnson says store traffic is down in central business districts but up in the suburbs.
“We know that there’s huge value to be unlocked as we turn around our automotive operations," said new CEO Jim Farley.
“China's economy continued its rapid rebound last quarter, with the recovery broadening out and becoming less reliant on investment-led stimulus.”
China-based companies are still not complying with PCAOB audit inspections. Does Congress have the answer?
