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Estonia has passed new legislation which will impose new regulations on crypto companies and bring them under FSA supervision.

Evergrande fraud case: Chinese regulatory authorities are investigating the involvement of London-based PricewaterhouseCoopers (PwC) in the accounting practices of China Evergrande Group, following accusations of a $78 billion fraud, according to a report by Bloomberg News on Friday.Sources cited in the report said that Chinese officials are examining the role of PwC in Evergrande's accounting practices, with particular focus on the company's former accountants who handled Evergrande's audit. However, no decision has been made yet on whether to penalise the auditor.The China Securities Regulatory Commission (CSRC) recently levied fines against Evergrande and its Chairman Hui Ka Yan, amounting to 4.2 billion yuan ($581.4 million) and 47 million yuan, respectively. These fines were imposed for accounting and bond issuance fraud. Additionally, Hui and other senior executives have been barred from the securities market.According to Hengda Real Estate, Evergrande's onshore flagship unit, an investigation by the CSRC…

Evergrande Real Estate, a subsidiary of EVERGRANDE (03333.HK), has committed serious financial f...

Hong Kong stocks retreated as the focus returned to corporate earnings and after the euphoria over the US Federal Reserve’s dovish comments evaporated. The yuan broke a key level for the first time since November, adding to the gloomy sentiment.

Earnings from Country Garden Holdings Co. and China Vanke Co. next week should indicate the extent to which China’s property woes are hurting the world’s second-largest economy.

Zimbabwe, the poster child of hyperinflation, is allowing a free fall in its currency that it’s no longer keen to defend and is instead working on a new exchange rate potentially backed by gold.