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Accounting
regulators inch closer to global rules
London: International and US accounting regulators
took another step on Tuesday towards devising a single
set of accounting rules to halt company scandals that
have battered investor confidence.
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China
may open doors to FIIs
Hong Kong: China is set to open its domestic investors
only A-share market to foreign institutional investors,
a move it hopes will boost local stock prices and attract
buyers to one of the world's fastest growing economies.
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EU
fines Sotheby's $20 mn for colluding with Christie's
Brussles: The European Commission imposed a $20
million fine on auction house Sotheby's on Wednesday for
colluding with its rival Christie's to fix commission
fees.
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