Search Results for: Australia
KPMG, EY, PwC, Deloitte, Accenture’s new weapons: toys, tech and Play-Doh
September 15th, 2016
Think of it as the consultant’s version of an arms race – but played out with fancy gadgets. KPMG’s new Innovation Lab, located at the accounting and advisory firm’s Barangaroo digs in Sydney, is designed to unsettle clients so ...
PBOC Boosts Weekly Injections as Yuan Climbs Amid Stability Bets
September 14th, 2016
Yuan interbank rates in Hong Kong surge before China holidays Monetary authority pumps in $57.7 billion, most since April China’s central bank boosted its cash injections to a five-month high, fueling speculation that it is looking to steady the ...
ASIC: CBA pays $180,000 in penalties and will write off $2.5 million in loan balances
September 14th, 2016
Commonwealth Bank of Australia (CBA) has paid four infringement notices totalling $180,000 in relation to breaches of responsible lending laws when providing personal overdraft facilities. CBA reported this matter to ASIC following an ASIC surveillance. CBA conducted an internal ...
Asian Shares Shed Early Gains
September 13th, 2016
Asian shares shed some of their early gains by midday Tuesday as sentiment regarding the course of U.S. interest-rate policy continues to play heavily on market direction. Fears of a rate increase, which have built in recent days, eased ...
European stocks and bonds fell in a volatile market on Monday
September 12th, 2016
European stocks and bonds fell in a volatile market on Monday, hit by growing concerns that global central banks’ commitment to the post-crisis orthodoxy of super-low interest rates and asset purchase programs may be waning. German Bund yields DE10YT=TWEB ...
The most common scams and how to avoid them
September 12th, 2016
Call it an occupational hazard, but I’ve become so nervous of scammers and fraudsters that I now delete even legitimate emails from my providers. In the past months alone this has seen my PayPal account suspended and my web ...
Digital payment firm has bought finance app maker in a $7.5 million deal
September 12th, 2016
Digital retail finance and payment industry player zipMoney has bought personal finance management app maker Pocketbook. The deal includes $6 million upfront and another $1.5 million, depending on a set of milestones. The acquisition strengthens zipMoney’s position in Australia’s ...
Asia stocks, bonds suffer central bank anxiety attack
September 12th, 2016
Asian shares suffered their sharpest setback since June on Monday as investors were rattled by rising bond yields and talk the Federal Reserve might be serious about lifting U.S. interest rates as early as next week. European bourses were ...
Tech partnership brings people and payments closer together
September 9th, 2016
Innovative link-up of CBA’s CommBank app and Barclays’ Pingit will allow customers to move money over 10,000 miles – quickly, securely and seamlessly – with no more than a mobile number. Ground breaking collaboration marks the first time two ...
Asian Markets Fall After North Korea Nuclear Test
September 9th, 2016
Asian shares moved lower after North Korea conducted a fifth nuclear test Friday, adding to weakness in the market brought on by disappointment about European Central Bank’s inaction on stimulus. But Hong Kong’s Hang Seng Index continues to rally, ...
