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CHINA AUDIT FIRMS
Apple iPhone 18 Pro supplier list, parts and photos exposed in Tata data leakSensitive data, including component lists and photos of upcoming iPhone 18 Pro models, has been leaked onto the dark web by a ransomware gr...
Apple supplier Tata Electronics tightens internal controls after data breachTata Electronics is investigating a massive data leak on the dark web, reportedly exposing thousands of secret client files from Apple and ...
Lawyers welcome SC’s AI rules against ‘algorithmic justice’The Supreme Court has released a draft framework for AI in courts, aiming to balance innovation with judicial safeguards. The proposed regu...
Elon Musk vs Sam Altman: AI control, not courtroom clash, is the bigger battleElon Musklosing his case againstSam Altmanreignites debate over AI governance, safety and whether institutions can keep pace with rapid adv...
The stunning way China is using America's own playbook to hit the US where it hurts most, and Washington has no idea how to respondChina Detains Panama-Flagged Ships: Nearly 70 Panamanian vessels held in Chinese ports. COSCO suspending operations at Balboa. A $2 billion...
India seeks fair access to Anthropic's Mythos for critical infrastructure securityIndia is actively pursuing access to Anthropic's powerful Mythos AI model. Discussions with the US administration aim to ensure equitable a...
PwC Hong Kong to pay Evergrande shareholders HK$1 billion in compensation, SFC saysPricewaterhouseCoopers LLP will pay HK$1.3 billion in fines and compensation to settle investigations into its auditing of collapsed proper...
Latest shot on Anthropic’s Mythos—China’s cybersecurity giant Qihoo 360 finds 1,000 software vulnerabilities fast, raising global zero-day risksChina’s Qihoo 360 has flagged nearly 1,000 software vulnerabilities using AI in record time. This is a major cybersecurity shift. AI vulner...
Sunkonnect plans to cut 15% carbon dioxide emissions in educational institutes over 4 yearsSunkonnect's ambitious plan targets 34 million tonnes of CO2 reduction. The firm will install solar rooftops on over 5,000 schools. Energy ...
PwC troubles in China deepen with exit of Hong Kong partnersPricewaterhouseCoopers faces escalating challenges in Hong Kong due to its involvement in the China Evergrande Group audits. The firm is ex...
Explainer: How big are the Big Four accounting firms in China?Chinese regulators have imposed a six-month business suspension and a record fine of $62 million on PwC's auditing unit in mainland China o...
China imposes six month suspension and $62 million fine on PwC following Evergrande controversyChina's finance ministry has imposed a six-month business suspension on PwC's auditing unit in mainland China due to its role in auditing E...
PwC to bring UK partner for help after Evergrande scandal hurts operations in China: ReportPwC is set to appoint UK partner Hemione Hudson to lead its China business following the Evergrande fallout. Chinese regulators are expecte...
PwC loses major client Bank of China amid regulatory probePwC has lost its biggest mainland China client, Bank of China, to EY. This change follows a regulatory probe into PwC's work with China Eve...
PwC weighs halving of China financial services audit staffPwC plans to cut up to half its financial services auditing staff in China amid regulatory scrutiny and client departures. The firm, which ...
China dials up scrutiny of Big Four audit firms after Evergrande probe, sources sayChina's Ministry of Finance is intensifying checks on Big Four auditing firms like Deloitte, EY, PwC, KPMG for local companies. Focus on au...
US renews audit inspection of China firms: ReportThe inspection, part of an agreement signed last year, comes amid rising tensions between the United States and China, including U.S. consi...
China suspends Deloitte’s Beijing office over Huarong auditingChina suspended the operations of Deloitte & Touche LLP’s Beijing office for three months and fined the firm after a review of its work on ...
China urges state cos to drop big four auditors on data riskChina's Ministry of Finance is among government entities that gave window guidance to some state-owned enterprises as recently as last mont...
Chinese regulators ask some US-listed firms to prepare for audit disclosuresAs part of that move, the China Securities Regulatory Commission (CSRC) and other regulatory agencies earlier this month summoned top inter...