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MUMBAI - India's regulator has restrained Jane Street Group from accessing the local securities market, dealing a severe hit to the US trading firm that generated more than US$2.3 billion (S$2.9 billion) in net revenue from equity derivatives in the South Asian nation in 2024. The Securities and Exchange Board of India (SEBI) said it would seize 48.4 billion rupees (S$722 million) from Jane Street, which it claimed is the total amount of unlawful gains made by the fund, according to the order. ...Read More >
NEW DELHI: The Dalai Lama has spent decades in exile thinking about ways to prevent the Chinese government from taking control of Tibetan Buddhism after his death and ending the struggle for Tibetan autonomy. Early on, he suggested that the institution of the Dalai Lama could be eliminated altogether to deprive Beijing of a target to exploit. Later, he focused on how to keep the Chinese Communist Party from installing its own choice to succeed him. He floated a sharp break from precedent, sayin ...Read More >
Dharamshala, India/Hong Kong (CNN) -- The Dalai Lama has announced that he will have a successor after his death, continuing a centuries-old tradition that has become a flashpoint in the struggle with China's Communist Party over Tibet's future. Tibetan Buddhism's spiritual leader made the declaration on Wednesday in a video message to religious elders gathering in Dharamshala, India, where the Nobel Peace laureate has lived since fleeing Tibet after a failed uprising against Chinese communist ...Read More >
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