NYSE backtracks (again) on Chinese delistings

The exchange will drop three Chinese telecoms companies after criticism from the US Treasury The New York Stock Exchange has decided to delist China’s three largest telecoms giants after reversing the decision just a few days earlier. NYSE said it would drop shares in China Telecom, China Mobile and China Unicom on 11 January to […]

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The US  Treasury has announced the appointment of  a “special master” to oversee executives’ compensation at U.S. companies receiving large amounts of government aid, with the power to reject pay plans deemed excessive. Kenneth Feinberg, a lawyer who oversaw payments to families of victims of the Sept. 11, 2001, terrorist attacks, will review the compensation […]

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