Search Results for: Australia
Asia shares up as yield hunt drives record flows, pound slips
August 9th, 2016
Asian shares stood atop one-year peaks on Tuesday as investors’ desperate search for yield drove a record inflow into emerging market funds, while the pound slipped to one-month lows on speculation of further policy easing in the UK. Analysts ...
ASIC’s enforcement report highlights key enforcement outcomes for January-June 2016
August 8th, 2016
ASIC has today released its enforcement report for the period 1 January 2016 to 30 June 2016. The report highlights ASIC’s long-term challenges and areas of focus going forward, as well as outcomes supporting those areas, including: balancing a ...
Asian stocks jump to one-year highs as yield hunt spreads
August 8th, 2016
Asian stocks rose to one-year highs and the Australian dollar climbed on Monday as investors’ hunt for yield gathered momentum against a backdrop of a recovering U.S. economy and ultra-easy easy global monetary policy conditions. While the strong July ...
ASIC cancels licence of Pacific Millennium International Investment Group Pty Ltd
August 5th, 2016
ASIC has cancelled the Australian financial services (AFS) licence of Pacific Millennium International Investment Group Pty Ltd (PMIIG) after it was found to have breached the obligations of a financial services licensee. PMIIG was authorised under its AFS licence ...
ASIC warns investors about Titantrade.com
August 4th, 2016
ASIC is warning the public not to click on any advertising being marketed under the brand ‘Titantrade’, a website by which trading in binary options is being offered. A binary option is a financial product, in particular a derivative, ...
Asia trades higher; Japanese stocks waver amid yen strength
August 4th, 2016
Japanese markets see-sawed in the morning session on Thursday, as stocks came under some pressure from a relatively stronger yen. The benchmark Nikkei 225 wavered between gains and losses before trading up 0.23 percent. The Topix was up 0.23 percent. The Japanese yen traded at ...
Europe eyes lackluster open; bank earnings in focus
August 3rd, 2016
European stocks traded slightly lower on Wednesday but banking stocks, thanks to results from HSBC and Societe Generale, rallied as investors digest some more earnings and a fall in the oil price. The pan-European STOXX 600 was down 0.28 percent. Banks in ...
Oil Retreat Sinks Asian Stocks; Aussie Declines After RBA Cut
August 2nd, 2016
Crude oil hovers at $40 a barrel after entering bear market Japanese government to give details of fiscal stimulus Tuesday European stocks declined for a second day and dollar weakened as oil traded near $40 a barrel. Japanese 10-year ...
Europe expected to retreat at open
August 2nd, 2016
European stocks were lower in morning trade Tuesday, dragged down by banking shares as worries about the health of the region’s lenders continued to weigh on sentiment. The pan-European STOXX 600 was down 0.71 percent. The banking sector was once again ...
Bitcoin Startup Founder Resigns Board Position Amid Fraud Charges
August 1st, 2016
The former executive chairman of a publicly listed Australian digital currency startup has been indicted by the US government for his alleged involvement in a fraudulent text messaging scheme. Zhenya Tsvetnenko was among three parties named in a superseding indictment ...
