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EVERGRANDE SCANDAL
He built China’s biggest property empire and became Asia’s richest man. Now Evergrande’s Hui Ka Yan is in prison for life, here’s whyEvergrande founder Hui Ka Yan, also known as Xu Jiayin, has been sentenced to life in prison in China for embezzlement, bribery and other f...- EY, PwC ‘Chinese Walls’ under spotlight amid insider trading allegationsAllegations of insider trading against EY and PwC partners in India have raised concerns about the effectiveness of 'Chinese walls' and int...
- Global overhaul at Big Four firms brings fresh alignments for IndiaBig Four firms are restructuring globally due to slow growth and changing regulations. These changes will impact their Indian operations. E...
- PwC exits more than a dozen countries to avoid scandalsPwC is scaling back its global operations, shutting down businesses in several smaller and riskier countries following scandals and disagre...
- 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...
- Mass layoffs at PwC after exodus of clients in ChinaPricewaterhouseCoopers LLP is reducing staff in China due to declining revenue prospects and client exodus. Over 100 employees across Beiji...
- PwC in major accounting scandal? China may impose record fine on PricewaterhouseCoopers over Evergrande auditing workChina is set to impose a record fine on PricewaterhouseCoopers LLP and may suspend some of its local operations due to its involvement in a...
- China investors face huge losses over ZhongzhiSun Jianbo, founder of Beijing-based asset manager China Vision Capital, said soured assets are typically sold with a 70% discount. That me...
- View: What Adani short seller Hindenburg can learn from ElliottAdani’s fortune ballooned under Narendra Modi’s administration. His industrial empire, from running airports to building green hydrogen man...
- 5 world market themes for the week aheadInflation angst and soaring energy prices form the backdrop to the start of third-quarter U.S. earnings season in the coming week.Annual me...
- Global stocks rally makes world's wealthiest richer by $1 trillion in 2017The number of Asian billionaires surpassed the US for the first time, a UBS and PWC report said.
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