Pompeo applauds tighter Nasdaq listing rules to guard against shady Chinese companies | Malay Mail

Friday, 05 Jun 2020 09:04 AM MYT

President Donald Trump issued a memorandum yesterday calling for recommendations to be issued within 60 days to protect US investors from what he said was China’s failure to allow audits of US-listed Chinese companies. “I applaud Nasdaq for requiring auditing firms to ensure all listed companies comply with international reporting and inspection standards,” Pompeo added.

Trump said last week his administration would begin the process of eliminating special US treatment for Hong Kong to punish China, saying Beijing’s move to impose new national security legislation meant the territory no longer warranted US economic privileges.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Indian app highlights backlash against Chinese business | Malay MailNEW DELHI, June 2 — India’s top trending free app on Google’s mobile app store, with more than five million downloads since late May, is called “Remove China Apps” and does exactly what it says on the label. Its popularity comes amid calls for a boycott of Chinese mobile apps in India as...
Source: malaymail - 🏆 1. / 86 Read more »

Mida: Timely, critical for E&E companies in Malaysia to assess supply chain | Malay MailKUALA LUMPUR, June 4 — It is timely and critical for electrical and electronics (E&E) companies to assess and consider diversifying their supply chain, said the Malaysian Investment Development Authority (Mida). Mida chief executive officer Datuk Azman Mahmud further suggested that the...
Source: malaymail - 🏆 1. / 86 Read more »