Search Results for: Australia
RBA Keeping Close Eye on Lending Standards
October 23rd, 2014
Australia’s central bank is keeping a close eye on the build up of credits to housing investors and is still talking to the financial regulator over what can be done to tighten lending standards, the head of the Reserve ...
Invast Upgrades MT4 Platform and Servers for Improved Handling Capabilities
October 21st, 2014
Invast has recently invested in new, state-of-the-art, Solid State Hard Drive (SSD) servers, as part of their ongoing commitment in providing the highest quality infrastructure to support their clients’ trading. Invast, one of the largest and most successful global ...
ASIC’s Strategic Outlook 2014-15
October 20th, 2014
ASIC today published its Strategic Outlook for 2014–15. ASIC’s Strategic Outlook sets out the key risks ASIC sees to the markets it regulates, and how ASIC will respond – prioritising its tools of surveillance and enforcement. ASIC scans the ...
Stocks Lower Thursday After Rough Day on Wall St.
October 16th, 2014
Investors have grown increasingly concerned over signs that global economic growth is faltering and that policy makers may lack the monetary and fiscal tools necessary to stop the slide. The volatility in global markets extended into another day, with ...
Biron Apparel Limited fined for failing to lodge financial reports
October 15th, 2014
Australian public company, Biron Apparel Limited (Biron Apparel), has been convicted a second time for failing to lodge financial reports with ASIC, the Australian regulator, and hold annual general meetings. Biron Apparel was fined $12,000 after pleading guilty in ...
Converse sues firms over trademark shoe
October 15th, 2014
US shoemaker Converse is suing 31 companies, arguing they are copying the design of its trademark shoe. The company filed lawsuits against big retailers such as Wal-Mart and Ralph Lauren for allegedly selling imitations of its famous Chuck Taylor ...
The Age of Vulnerability
October 13th, 2014
Two new studies show, once again, the magnitude of the inequality problem plaguing the United States. The first, the US Census Bureau’s annual income and poverty report, shows that, despite the economy’s supposed recovery from the Great Recession, ordinary ...
ASIC: Pepperstone exits the Japanese market
October 13th, 2014
Pepperstone Group Ltd (Pepperstone) has agreed to cease providing financial services in Japan following inquiries by ASIC that revealed they were not licensed by the Japanese Financial Services Agency. Pepperstone is an Australian corporation, which was licensed by ASIC ...
Former Hanlong Executive Charged on Insider Trading
October 10th, 2014
A mining executive who fled Australia three years ago has been extradited from Hong Kong and charged with 104 insider trading offenses linked to planned takeovers by a Sichuan Hanlong Group unit. Xiao Hui, also known as Steven Xiao, ...
Hong Kong protests about economics as much as democracy
October 10th, 2014
For years, Beijing has feared colour revolutions. Now, it has one on Chinese soil. The Occupy Central movement has morphed into the Umbrella Revolution. Tens of thousands of Hong Kong citizens, including students as young as 13, have taken ...
