Search Results for: ELA
Hong Kong court rejects EY’s case that China law protects mainland audit papers
May 23rd, 2014
A Hong Kong court on Friday rejected auditor EY’s contention that Chinese law prohibits the mainland partner of the firm previously known as Ernst & Young from passing on documents related to a former China client. The ruling, the ...
Barclays fined £26m by FCA
May 23rd, 2014
The Financial Conduct Authority (FCA), the Bitish regulatory body, has fined Barclays Bank Plc (Barclays) £26,033,500 for failing to adequately manage conflicts of interest between itself and its customers as well as systems and controls failings, in relation to ...
CySec: acquisition of CIF (Cyprus Investment Firms) licence
May 23rd, 2014
The Cyprus Securities and Exchange Commission (CySec) the Cypriot financial regulatory authority has announced that “Different Choice FBC Ltd” and “Glestimon Management Ltd” have successfully obtained the CySec license for CIF (Cyprus Investment Firms). They are now authorised to operate legally ...
Toyota Recalls 466,000 Vehicles Globally For Spare Tire, Braking Issues
May 23rd, 2014
Toyota Motor Corp said on Thursday it is recalling 466,000 minivans and cars globally, mostly in the United States, for possible faulty brakes and loss of a spare tire. The Japanese automaker said it is recalling about 16,000 Lexus GS ...
Thai stocks decline after martial law
May 23rd, 2014
Thailand’s stock market sank Friday, a day after the country’s military seized power in a bloodless coup. Other Asian stock markets were mostly higher, with Japan boosted by weakness in the yen. Bangkok’s SET index fell more than 2 ...
GBP/USD Daily Chart
May 23rd, 2014
Pair’s Outlook Though GBP/USD failed to climb over the weekly R1 yesterday, there are still good chances that the 2009 highs will be soon re-tested. However, for the near-term outlook to stay bullish as it is now, the key ...
Wall Street Finds New Subprime With Brokers Pitching 125% Loans
May 22nd, 2014
Doug Naidus made his fortune selling a mortgage company to Deutsche Bank AG months before the U.S. housing market collapsed. Now he’s found a way to profit from loans to business owners with bad credit. From an office near ...
Vietnam Offers Help To Companies After Deadly Anti-China Riots
May 22nd, 2014
Vietnam will compensate businesses hit by anti-China riots, which exploded across the country last week over a territorial dispute in the South China Sea. Factories were torched and at least four workers were killed, according to the Metallurgical Corporation ...
SRA Board approves changes to the education and training regulations
May 22nd, 2014
The Solicitors Regulation Authority (SRA) Board has today (Wednesday 21 May) approved changes to the SRA training regulations. The changes form part of the SRA’s ongoing Training for Tomorrow programme of reform and Red Tape Initiative. The next step ...
RBNZ renews currency swap facility with Chinese Bank
May 22nd, 2014
The Reserve Bank of New Zealand (RBNZ) has issued the following press release: The People’s Bank of China (PBOC) and the Reserve Bank of New Zealand today announced the renewal of a reciprocal currency arrangement (swap line) to support ...
