Search Results for: Australia
Qatar named world’s richest country, UAE also in top 10
July 20th, 2015
Qatar has been named the richest country in the world in a new study which includes all six Gulf states in the top 34 Qatar, Luxembourg and Singapore were ranked the top three in the research published this week ...
It looks like ‘forex robots’ just knocked the Aussie dollar down to a 6 year low
July 20th, 2015
Forex markets are increasingly a combination of people and machines. It’s a battle between the discretionary trading approach of humans and the systematic, computer based, trading of the “robots”. It’s also a battle the world’s top female hedge fund ...
China’s unravelling: Will it devalue the yuan next?
July 17th, 2015
China is grasping at policy measures to shore up its economy CHINA could be gearing up to join the global currency wars by devaluing the renminbi. So far this year more than 30 central banks from all over the ...
Survey: Countries poses the biggest Rule of law challenges to foreign investors
July 16th, 2015
Companies rate Australia rule of law among worst in world Only China poses bigger rule of law challenges to foreign investors than Australia, according to a new report. Hogan Lovells and The Economist conducted a survey of 301 senior ...
China Shares Recover From Earlier Losses
July 16th, 2015
Chinese shares swung back to positive territory Thursday, as hundreds of shares resumed trading, while markets elsewhere in Asia rose after Greece approved austerity measures to secure a bailout. The Shanghai Composite was last up 1.1% at 3847.30, having ...
Asian shares mostly higher on Greece deal
July 14th, 2015
Asian shares were mostly higher after a breakthrough deal in Greece for a bailout package from creditors provided some resolution in the debt crisis. Eurozone leaders came out from talks on Monday in Brussels with a deal to keep ...
Dirty Dealing: China and International Money Laundering
July 13th, 2015
In the midst of turmoil in the Chinese stock markets, one serious problem that may appear is increased currency outflows created by current and potential investors who would rather move their assets to foreign countries viewed as safer havens. Money laundering should be under close surveillance. ...
Euro’s Drop Muted as Currency Builds Resistance to Greek Turmoil
July 13th, 2015
The euro seems to be building up some resistance to Greek turmoil, even as it opened weaker for a third straight Monday amid the latest debt impasse. Today’s drop at the start of Asian trading was smaller than its ...
China Shares Rise but Uncertainty Hovers
July 10th, 2015
Greece inches closer to deal with creditors, but investors are wary of sustained China recovery China shares rose Friday, and other Asian markets made tentative gains, as investors assess whether a recovery in Chinese stocks proves sustainable. The Shanghai ...
Asian stocks fall in volatile trade as China index seesaws
July 9th, 2015
Asian stocks markets were volatile on Thursday as China’s main index seesawed after a prolonged sell-off while Hong Kong’s benchmark rebounded strongly. KEEPING SCORE: The Shanghai Composite Index in mainland China fell more than 3 percent in the first ...