Search Results for: Australia
Japanese stocks lead gains in Asia on Thursday
February 18th, 2016
Japanese stocks were leading gains in Asia on Thursday despite disappointing trade figures that showed exports had fallen for a fourth straight month. The Nikkei 225 was up 2.4% in mid morning trade to 16,217.91. Rising oil prices were supporting investor sentiment ...
BetaSmartz Launches First Across-the-Board Automated Investment Platform
February 16th, 2016
BetaSmartz, the automated investment platform for all sizes of investors, from institutional to retail, launched today. BetaSmartz’s technology, based on six decades of Nobel prize-winning research and industry expertise, utilises a wide universe of investment products to create portfolios ...
ASIC bans former director and responsible manager of Macquarie subsidiary
February 16th, 2016
ASIC has banned Mr Timothy Hornibrook of Clovelly, New South Wales, from providing financial services for a period of six years. Mr Hornibrook, formerly a director and responsible manager of Australian financial services licensee, Macquarie Agricultural Funds Management Ltd ...
Nikkei surges 7%, Topix up 8.3%; China lose ground
February 15th, 2016
Asian stocks mostly climbed on Monday, with Japan shares surging after last week’s sharp selloff. But China’s shares lost ground as its markets re-opened after the week-long Lunar New Year holiday. The Nikkei 225 retraced losses some of Friday’s losses, jumping ...
Asian markets: Japan’s Nikkei slides further amid concerns over European banking sector
February 12th, 2016
While China’s Shanghai Composite remained closed for the Lunar New Year holiday, the majority of stock indices across Asia including Japan’s Nikkei 225 were trading lower on 12 February. This followed a negative Wall Street and FTSE close overnight, ...
Chartered Accountants in Pakistan gain international recognition as ICAP joins Chartered Accountants Worldwide
February 11th, 2016
The Institute of Chartered Accountants of Pakistan (ICAP) has been awarded Associate membership by Chartered Accountants Worldwide. ICAP is the second professional body to be admitted to the organisation since it was launched in February 2013. As an Associate ...
Asia markets close mixed; Hong Kong shares tumble
February 11th, 2016
Asian markets closed mixed on Thursday as investors digested remarks from Federal Reserve Chair Janet Yellen and oil remained volatile. Hong Kong’s Hang Seng index, which resumed trading today after being shut from Monday through Wednesday for the Lunar New ...
Forex TG requests voluntary suspension of AFS licence
February 10th, 2016
Forex TG Pty Ltd (Forex TG) has voluntarily requested that ASIC temporarily suspend its Australian Financial Services (AFS) licence in order to provide it with time to restructure, re-brand and to ensure compliance with its regulatory obligations after changes ...
Nikkei extends losses with banks, commodities stocks under pressure
February 10th, 2016
Monkeys threw a wrench into Asian markets in the Lunar New Year’s first week of trading, with sharp sell-offs in Japan, Singapore, and Down Under on Wednesday. In Australia, the S&P/ASX 200 lost 56.37 points, or 1.17 percent, to close at ...
OFX previously known as OzForex says talks to be acquired by Western Union fail, shares slump
February 8th, 2016
Australia’s OzForex Group Ltd said it has terminated talks to be acquired by Western Union after the U.S. money wiring giant failed to submit a binding proposal, sending its shares tumbling nearly 40 percent to an all-time low. The ...
