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Australian regulator jails former director

August 7th, 2014 (0)
Mr Bill Katsabis, a former director of P.G. & N. Enterprises Pty Ltd (in liquidation) (P.G. & N) has been sentenced to two years and three months imprisonment following an ASIC investigation. Appearing in the County Court in Melbourne ...

Stonebridge International Insurance Limited fined by FCA with £8.4m

August 7th, 2014 (0)
The Financial Conduct Authority (FCA) has fined Stonebridge International Insurance Limited (Stonebridge) £8,373,600 in relation to sales of accident insurance products. Between April 2011 and December 2012, Stonebridge targeted low and middle income customers without college degrees or professional ...

Australia 200 – Returns to Familiar Territory Below 5500

August 7th, 2014 (0)
Australia 200 for Thursday, August 7, 2014 After being on quite a roll for several weeks, the Australian 200 Index has fallen sharply over the last week returning back to more familiar territory between the 5400 and 5500 levels. ...

Technical Analysis AUD/USD – Receives Solid Support from 0.9300

August 7th, 2014 (0)
Technical Analysis AUD/USD for Thursday, August 7, 2014 In the last half day the Australian dollar has surged higher to a one week high near 0.9375, before easing back slightly in recent hours. It has done well of late ...

Gold – Enjoys Support at $1290 and Moves Back Above $1300

August 7th, 2014 (0)
Gold for Thursday, August 7, 2014 In the last 24 hours gold has surged higher away from the support level at $1290 and back up well above $1300 to a one week high. Over the last week or so ...

New York is back on top for IPOs

August 6th, 2014 (0)
New York is once again the top destination for global companies listing their stocks, according to a new report on “cross-border” IPOs. It’s the first time New York has topped Hong Kong since 2009. Companies that are based overseas ...

IREIT Global registers prospectus for IPO on SGX

August 5th, 2014 (0)
Investors in Singapore will soon have access to the European real estate market. IREIT Global has registered its prospectus for an initial public offering (IPO) on the SGX mainboard. Under the IPO, IREIT Global is offering almost 168 million ...

Moscow Exchange’s turnover at RUB 44.2 trln in July 2014

August 5th, 2014 (0)
Moscow Exchange’s turnover reached RUB 44.2 trln in July 2014, an increase compared to the same period last year (July 2013: RUB 43.9 trln). The largest turnover was shown by the FX market (up 37% YoY), Equity Market (up ...

Citibank offers five times leverage in FX for bank depositors

August 5th, 2014 (0)
Citigroup Hong Kong offers five times leverage to bank depositors to trade in FX. Citibank Foreign Currency Leveraged Investment can help investors increase their investment power by up to 5 times, enabling them to capture any upside potential on foreign ...

SEC Obtains Nearly $70 Million Judgment Against Richmond, Va.

August 4th, 2014 (0)
The Securities and Exchange Commission has announced that it has obtained a final judgment in federal court in Tennessee requiring a Richmond, Va.-based financial services holding company, a subsidiary brokerage firm, and their CEO to pay nearly $70 million ...
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