Tag: Clampdown

HSBC, StanChart Press Sunak to Ease Clampdown on China Business

(Bloomberg) — Rishi Sunak’s government faces pressure from banks including HSBC Holdings Plc and Standard Chartered Plc, as well as other major companies in the UK, to tone down proposed restrictions on doing business with China. Most Read from Bloomberg Their target is part of new British national security legislation, which aims to boost transparency […]

Immigration clampdown harms American economy that desperately needs workers

I am glad the bipartisan Senate bill to regulate immigration by imposing further restrictions was defeated (“Johnson says Senate border security deal ‘didn’t work,’” Feb. 10). A different approach may be better for our nation and for Wisconsin. The United States, with our aging population, needs new citizens who contribute to our Social Security fund, […]

China’s Quant Clampdown Risks Damaging Fragile Markets for Years

(Bloomberg) — Chinese hedge funds were looking forward to a holiday break from the market turmoil when trouble started brewing last month. One manager had his short-selling orders abruptly rejected by brokers. Another was cut off from the stock market completely. Regulators turned up on trading floors at multiple funds to monitor transactions in person. […]

Thailand Seeks Clampdown on Recreational Cannabis by Year-End

(Bloomberg) — Thailand wants to ban recreational use of cannabis by the end of this year, the nation’s health minister said, threatening to put thousands of marijuana shops and farms that have sprung up around the country since a decriminalization drive two years ago out of business. Most Read from Bloomberg The Southeast Asian nation […]