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China's Crackdown on Foreign Firms Intensifies, Shaking Investor Confidence

Recent developments in China are sending shockwaves through foreign companies operating in the country, raising concerns among investors and the international business community. A series of arrests and investigations, including the scrutiny of Foxconn Technology Group, Apple Inc.'s crucial partner, has ...

Putin: Companies Wil,l Regret Leaving Russia

Russian President Vladimir Putin says foreign companies that have left Russia will regret their decision. "In today's conditions, when someone jumped off somewhere, left, chose to stop some activity here, they will regret it," he declared at a meeting with young ...

I-T Dept May Reduce Withholding Tax For Foreign Companies

The income tax department is open to lowering the withholding tax rate for foreign companies which have income in India, a senior official said today. Central Board of Direct Taxes (CBDT) Chairman Sushil Chandra also urged firms and MNCs operating in ...

What are American Depository Receipts or ADRs?

ADRs are negotiable instruments facilitating purchase of shares in a foreign company that trades on the US exchange. Such certificates indicating a fixed number of shares or a single share in dollar denomination are issued by the bank in the US ...