Accounting groups expect fewer audit inspections as part of SEC overhaul
Firms argue US regulators have become too focused on finding minor infractions
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China’s cash-strapped local governments drive record asset-backed securities sales
ABS issues bring in badly needed money but some assets are of uncertain quality
North Sea suffers worst year since 1970s as drillers freeze investment
Exploration falls to lowest level since oil and gas were discovered in UK basin 60 years ago
Year in a word: Stablecoins
In spite of efforts to bring it into the mainstream, the cryptocurrency remains one step removed from money
Italy and Spain shake off ‘periphery’ tag as borrowing premiums hit 16-year low
Rome and Madrid rewarded by investors for cutting deficits, while France and Germany look to borrow more
So long, American exceptionalism
For the first time, investors are talking about ‘US risk’