Search Results for: Asic
Twitter rival Gab sues Google
September 18th, 2017
Gab, a Twitter rival popular with the Breitbart crowd, is suing Google. The lawsuit, filed in Pennsylvania federal court on Thursday, argues that Google violated antitrust laws when it rejected Gab’s app from its Android app store. Gab says ...
Merrill Lynch (Australia) Futures pays $60,000 in infringement notice penalty
September 12th, 2017
Merrill Lynch (Australia) Futures Limited (“MLAF”) has paid a penalty of $60,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel (“the MDP”). The ASIC Market Integrity Rules (ASX 24 Market) 2010 requires market ...
How Bitcoin is making waves in the luxury market
August 28th, 2017
When Bitcoin and a subsequent raft of cryptocurrencies first landed in the early part of the decade, many people — including noted economists and finance experts — dismissed them as a fad. These new forms of digital money were ...
Gold – crossing the Rubicon
August 25th, 2017
Gold is challenging the $1300 level for the third time this year. If it breaks upwards out of this consolidation phase convincingly, it could be an important event, signalling a dollar that will continue to weaken. The factors ...
Big four banks in Australia change loan contracts to eliminate unfair terms
August 24th, 2017
Following a commitment to further review their small business loan contracts, the big four banks have now agreed to specific changes with ASIC to eliminate unfair terms from their contracts. ASIC and the Australian Small Business and Family Enterprise ...
The fiscal benefits of free trade
August 18th, 2017
The fiscal benefits of free trade Western governments have an overriding problem, and that is they have reached or exceeded the bounds of taxation, at a time when legally mandated welfare costs are accelerating. Treasury departments in all ...
Google cancels staff meeting after Gamergate-style attack on employees
August 11th, 2017
Google cancelled a company-wide meeting on Thursday after several of its employees became targets of a Gamergate-style campaign of harassment by internet trolls angered by the firing of an engineer who had written a controversial memo about diversity. “We ...
Bitcoin cash may be a house of cards that comes crashing down
August 8th, 2017
Bitcoin cash came onto the scene on Tuesday following a much-anticipated fork in the bitcoin blockchain, and is the fourth largest cryptocurrency by market cap. But its price and high market cap might be the result of some technical ...
Betting on market volatility? Here’s what you need to know
August 8th, 2017
The CBOE Volatility Index, or VIX, is a key measure of market expectations of a near-term volatility conveyed by S&P 500 stock index option prices. The VIX has closed 17 times below 10 this year and close to 50 ...
London Stock Exhange published 6 months interim results
August 7th, 2017
London Stock Exchange Group has issued an announcement to publish results for the 6 months ended 30 June 2017. According the announcement: Strong financial performance with income growth across all business areas and 23% AEPS growth Successful strategy based ...
