Xi Installs Close Ally to Tighten Control Over Hong Kong

HONG KONG—Chinese President Xi Jinping set up a former lieutenant and onetime law enforcer to head Beijing’s Hong Kong coverage-producing agency, continuing a shake-up intended to tighten management over the protest-racked city.

The appointment of Xia Baolong as director of the Hong Kong and Macau Affairs Place of work, introduced Thursday by point out media, places the former British colony below the supervision of a gentleman who once as a provincial chief upheld Communist Get together authority with a campaign to tear down Christian church buildings and crosses.

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FASB Turns Up the Heat on Goodwill Impairment Testing

The Economical Accounting Specifications Board has recently elevated goodwill accounting to the best of its agenda, just after political force stemming from substantial-profile organization failures in the U.K., notably Carillion’s, pushed the Intercontinental Accounting Specifications Board to deal with the topic. In the United States, the substantial goodwill compose-offs at […]