Archives
Eurozone inflation rate fall adds to pressure on ECB
June 4th, 2014
Eurozone inflation fell to 0.5% in May, down from 0.7% in April and well below the European Central Bank’s 2% target. The fall means the ECB will be expected to take steps to boost growth and counter the threat ...
Australian GDP Pickup Suggests RBA Transition Working
June 4th, 2014
Australia’s economy grew at the fastest pace in two years as surging exports and home building showed record-low borrowing costs are sustaining a 22-year expansion even as mining investment slows. First-quarter gross domestic product advanced 1.1 percent from the ...
Singapore follows China With Dangerous Debt Level
June 4th, 2014
Singapore companies’ indebtedness has swelled to the most in Asia after China and India as the city-state’s economic growth slows, according to GMT Research Ltd. Leverage among the Southeast Asian nation’s corporates is following counterparts in the two larger ...
Draghi tries to Keep Rate-Cut Option Even After June
June 4th, 2014
Mario Draghi is likely to signal that any interest-rate cut this week won’t necessarily be the final one, according to two euro-area central bank officials. The European Central Bank president will probably reiterate his commitment to keep borrowing costs ...
Fed may shun global risk rules banks spent billions to meet
June 4th, 2014
The Federal Reserve may scrap international measures aimed at assessing bank health in favor of imposing its own rules, frustrating bankers who have spent billions of dollars retooling their books to meet global standards. Fed officials are concerned that ...
Securities and Exchange Board of India eases short selling norms
June 4th, 2014
Doing away with certain requirements related to short selling, capital market regulator, the Securities and Exchange Board of India (Sebi) has eased norms for entities trading in the Securities Lending and Borrowing segment. SLB mechanism, also referred to as short-selling, ...
ASIC obtains extension of injunction freezing bank accounts of Sino Australia Oil and Gas Limited
June 3rd, 2014
The Australian Securities and Investments Commission (ASIC) has obtained orders in the Federal Court in Melbourne extending an injunction restraining Sino Australia Oil & Gas Ltd (SAO), an ASX-listed entity, from transferring company funds from two accounts it holds ...
SEC Charges Operator With Defrauding Bond Investors
June 3rd, 2014
The U.S. Securities and Exchange Commission (SEC) has charged a charter school operator in Chicago with defrauding investors in a $37.5 million bond offering for school construction by making materially misleading statements about transactions that presented a conflict of ...
CySec: acquisition of Administrative Services Providers (ASP) licence
June 3rd, 2014
The Cyprus Securities and Exchange Commission (CySec), the Cypriot financial regulatory authority, has announced that the following firms have successfully obtained the CySec licence to operate as Administrative Services Providers (ASP): Dema Services Limited Tarovision Enterprises Limited Therefore, they ...
Euro Inflation Slowing More Than Forecast Pressures ECB
June 3rd, 2014
Euro-area inflation slowed more than economists forecast in May, cranking up pressure on the European Central Bank to deploy measures as soon as this week to kindle prices and drive growth. The rate fell to 0.5 percent from 0.7 ...
