Search Results for: ANZ
Fall of the Bond King: How Gross Lost Empire as Pimco Cracked
December 4th, 2014
Bill Gross, the 70-year-old king of bonds, rushed through the offices of his $2 trillion empire on a Friday morning distributing hand-written notes. He knew his reign was over. The billionaire co-founder of Pacific Investment Management Co. and its ...
Leading investment firms join a new IASB feedback programme
December 3rd, 2014
The International Accounting Standards Board (IASB) today announced the launch of its Investors in Financial Reporting programme. Created with the support of some of the world’s leading asset managers and owners, the programme is designed to foster greater investor ...
Prime Trust directors disqualified and fined
December 2nd, 2014
The Federal Court today delivered its penalty judgment against 5 former directors of Australian Property Custodian Holdings Ltd (APCHL) who breached their directors’ duties by making an illegal related party payment of more than $30 million. The judgment follows ...
Dollar’s Strongest Rally in Six Years Stalls Before Jobs Report
December 2nd, 2014
The dollar’s strongest annual rally in six years stalled amid speculation the currency’s advance has been too rapid before U.S. data tomorrow forecast to show job growth slowed. Australia’s currency rebounded from near the weakest in four years after ...
Technical Analysis: Currency pairs – Dec 02
December 2nd, 2014
Technical Analysis for December 02, 2014 EUR/USD tried to break 1.25 line but retraced again to 1.247 level. Currently market posed a risk to retest 1.25 level and break to 1.255 next. A bear movement under 1.24 still will ...
UK passes tough new transparency law for oil, gas and mining companies
December 1st, 2014
A historic law came into force in the UK today that will help fight poverty and corruption in resource-rich but poor countries said Global Witness, which has been campaigning for such measures for over 16 years. The new rules ...
Draghi throws door to QE wide open as recovery wanes
November 21st, 2014
European Central Bank President Mario Draghi threw the door wide open on Friday for more dramatic action to rescue the euro zone economy, saying “excessively low” inflation had to be raised quickly by whatever means necessary. Draghi said there was now ...
ASIC takes civil action against LM founder and former directors
November 20th, 2014
ASIC has started legal action against LM Investment Management Ltd (LMIM) founder, Peter Charles Drake, and former directors, seeking financial penalties and banning orders following the collapse of the Gold Coast-based fund manager. ASIC’s civil penalty proceedings in the ...
ASIC shuts down unlicensed FX business and removes its director from the industry
November 20th, 2014
ASIC has taken action in the NSW Supreme Court to permanently shut down unlicensed foreign exchange (FX) business, Vault Market Pty Ltd (Vault Market), and to remove its sole director, Mr MD Anamul Amin, from the financial services industry. ...
AAT Corporation Limited fined for failing to lodge financial reports
November 13th, 2014
Australian public company, AAT Corporation Limited, has been convicted and fined $27,000 for failing to lodge annual and half-yearly financial reports. AAT Corporation Limited was charged by the Australian Securities and Investments Commission (ASIC) after failing to lodge its ...
