Search Results for: Australia
Law firms consider deal to create a leading global law firm
November 5th, 2015
Pacific Rim Powerhouse: Dentons, 大成, Gadens and Rodyk & Davidson consider deal to create the Pacific Rim’s leading global law firm The global law firm Dentons, the Chinese firm 大成, the Singapore firm Rodyk & Davidson, and the Australian ...
Asian stocks mixed on possible December rate hike
November 5th, 2015
Asian stocks put up a mixed performance on Thursday, after Federal Reserve chair Janet Yellen said that December’s monetary policy meeting would be a “live possibility” for a rate hike if upcoming economic data were supportive. Yellen was testifying before the ...
Snapshots of Well-Being Across High-Income Countries
November 4th, 2015
Well-being is a multidimensional concept, for countries as well as for individuals. Thus, in the recent OECD report “How’s Life 2015: Measuring Well-Being,” the emphasis goes well beyond basic one-dimensional measures of well-being like per capita GDP and offers comparisons ...
Investor sues DBS over Forex trade case
November 4th, 2015
She claims bank misled her into buying ‘useless’ options to protect margin positions A Singapore businesswoman, who lost US$6 million (S$8.4 million) in forex trades, has sued DBS Bank, seeking to restore her accounts to their levels before the ...
Asian stocks rejoice at offshore gains, Japan Post debut
November 4th, 2015
Asian stocks rose sharply on Wednesday, as a confluence of factors including a stellar market debut from Japan Post’s units in Tokyo fueled risk appetite in the region. A fifth straight day of gains for energy counters alongside a ...
Asian Stocks Track S&P 500 Gains; Aussie Rises as RBA Stays Put
November 3rd, 2015
Stocks rise from Sydney to Seoul as holiday closes Tokyo S&P 500 topped 2,100, back to pre-yuan devaluation levels Asian stocks climbed after signs of stabilization in global manufacturing activity helped drive the Standard & Poor’s 500 Index to ...
Trading Indices: Matters Arising
November 2nd, 2015
Indices are a measure of the performance of a certain set of listed stocks in a stock exchange. In a previous article, we had classified indices and described what they represent. In this piece, we shall consider a ...
Bitcoin blunders its way to an ASX listing
November 2nd, 2015
ASX hopeful Bitcoin Group has delayed its listing after running into trouble with the corporate watchdog over claims Prime Minister Malcolm Turnbull is a shareholder and “misstatements” about the company’s profitability. Bitcoin, which counts former St Kilda president and former NewSat director ...
Asian stocks fall after tepid China PMI survey
November 2nd, 2015
A general view of market boards at the ASX Exchange Centre in Sydney, Australia. Asian stocks mostly slipped into the red on Monday, as investors digested a private survey which showed China‘s mammoth manufacturing sector remaining in a tough ...
The accounting trick that helps multinationals avoid paying tax
October 30th, 2015
Chevron Australia’s aggressive tax strategies have resulted in an additional $322 million tax bill, but this may only be the beginning of the energy giant’s woes with the Australian Taxation Office. And others could face the same headache. The ...