Search Results for: mining
CySec: Council regulations over Ukraine
September 18th, 2014
The Cyprus Securities and Exchange Commission (CySec) informs the Cyprus Investment Firms, Management Companies, Administrative Services Companies and Regulated Markets (‘the Regulated Entities’) about the publication in the Official Journal of the European Union the following: 1. Council Regulation (EU) No.959/2014 of ...
UBS and Goldman Sachs left red-faced by AngloGold Ashanti $2.1bn float flop
September 16th, 2014
Proposals for a new London-listed mining spin-off worth £3bn hit the dust yesterday, as shareholders at one of the world’s top gold miners revolted over a $2.1bn (£1.3bn) rights issue key to the massive restructuring. South Africa-based AngloGold Ashanti ...
China ban on low-grade coal set to hit global miners
September 16th, 2014
The world’s miners, already smarting from a steep drop in iron ore prices, are about to be hit by a Chinese ban on low-quality coal that comes into effect next year. The National Development and Reform Commission, China’s state ...
Hong Kong extends Depositor Protection Scheme
September 16th, 2014
The Hong Kong Monetary Authority (HKMA) and Hong Kong’s Financial Services and the Treasury Bureau (FSTB) have issued a consultation paper on proposed enhancements to Hong Kong’s Deposit Protection Scheme (DPS). The DPS, originally established in 2006, enhancements to ...
Asian Equities Mixed on Soft Lead
September 9th, 2014
Asian indices were mostly higher on Tuesday amid light volumes as markets in South Korea and Hong Kong were closed for the Mid-Autumn Festival. Overnight in the U.S., Wall Street closed mixed with energy producers leading losses on oil’s ...
FX Probe Lags in EU as Other Watchdogs Ready for Fines
September 8th, 2014
The European Union’s antitrust arm is still at the start of its probe into possible collusion in foreign-exchange markets even as U.S. and U.K. regulators edge closer to levying fines. “We are at the starting point of this investigation,” ...
Tax Reform for US Inversions
September 8th, 2014
While it does not appear that US President Barack Obama will be taking administrative action in the near future, other commentators are insisting that corporate tax reform is the only viable option to stop US multinationals from undertaking corporate ...
The world is marching back from globalisation
September 5th, 2014
There is a mood abroad that says history will record that sanctions against Russia marked the start of an epochal retreat from globalisation. The case for calling a halt to business as usual with Moscow is self-evident to anyone ...
Australia 200 – Consolidates Around 5650 After New Multi Year High
September 4th, 2014
Australia 200 for Thursday, September 4, 2014 After spending the last week consolidating and trading in a very narrow range right around 5620, the Australian 200 Index has surged higher again to achieve a new multi-year high around 5660, ...
Australia 200 – Surges to New Multi Year High Above 5650
September 3rd, 2014
Australia 200 for Wednesday, September 3, 2014 After spending the last week consolidating and trading in a very narrow range right around 5620, the Australian 200 Index has surged higher again to achieve a new multi-year high around 5660. ...