Search Results for: Australia
Asian Stocks Follow U.S. Lower Amid Wild Oil Swing: Markets Wrap
March 15th, 2017
Stockpiles report reverses oil drop tied to Saudi output Equities from Singapore to Tokyo slip ahead of Fed decision Crude oil whipsawed on production and stockpiles reports, while most Asian markets followed U.S. equities lower and the dollar slipped ...
Hedge funds extend ag selling – and ‘scope for more sales’ in grains
March 14th, 2017
Hedge funds cut their net long position in agricultural commodities for a third week, but not by enough, in grains, to fend off fears of a further selldown, with latest bearish positioning focused on sugar instead. Managed money, a ...
International law firm announced the promotion of 16 individuals to its partnership
March 14th, 2017
International law firm Pinsent Masons has announced the promotion of 16 individuals to its partnership, taking effect from 1 May 2017. 80% of the individuals being promoted to partner specialise in the firm’s five global sectors; Energy, Financial Services, ...
Asian Stocks Mixed Before Fed as Yen Fluctuates
March 14th, 2017
Japan’s Topix index drops, while Chinese equities advance Yield on 10-year Treasury near highest level of the year Asian stocks were mixed with Treasuries trading near the highest level this year as investors anticipated a near-certain rate hike from ...
Arabian Gulf states are looking at ways to diversify their economies
March 13th, 2017
Push for UAE trade with Asia and Africa The UAE wants to expand trade ties with fast-growing nations in Asia and Africa, a senior official said on Sunday. Arabian Gulf states are looking at ways to diversify their economies, ...
Asian Stocks Gain, Oil Slides Before Fed and BOJ: Markets Wrap
March 13th, 2017
U.S. jobs data set stage before central bank policy decisions Crude drops for sixth straight day amid jump in U.S. supplies Asian equities rose and the dollar weakened as a positive U.S. jobs report helped investors position for a ...
Sugar analysts chew over recent price volatility
March 10th, 2017
Sugar analysts chew over recent price volatility Analysts are chewing over whether sugar futures in New York have found a floor, after bouncing late in the previous session. There has been heavy technical selling in sugar markets, after front-month ...
Payday lenders fined $730,000 for diamond trading ‘sham’
March 10th, 2017
Following ASIC action, the Federal Court has today fined payday lenders Fast Access Finance Pty Ltd, Fast Access Finance (Beenleigh) Pty Ltd and Fast Access Finance (Burleigh Heads) Pty Ltd (the FAF Companies) a total of $730,000 for breaching ...
ASIC and ASBFEO join forces to ensure bank lenders meet unfair contract laws
March 9th, 2017
Australian lenders including the country’s big four banks have substantial work to do to eliminate unfair terms from their loan agreements, a joint review of small business standard form contracts undertaken by ASIC and the Australian Small Business and ...
Oil prices claw back some ground after plunging to year lows
March 9th, 2017
Oil prices attempted a slight rebound Thursday on the heels of plunging to their lowest levels in a year after weekly data which showed a higher-than-expected build-up in U.S. inventories. On the New York Mercantile Exchange, light, sweet crude ...
