Search Results for: Ether
Futures manipulator sentenced to community service
May 14th, 2014
The Securities and Futures Commission (SFC) has issued a press release informing as follows: The Eastern Magistrates’ Court today sentenced a futures trader, Mr Ernest Fan Kwong Hung, to 200 hours of community service and fined him $59,430 for ...
When Education Doesn’t Pay
May 14th, 2014
When I was in business school, back at the turn of the millennium, a team from my New Venture Strategy class proposed an innovative way to pay for school: sell shares of your future income to investors. I was ...
What the Kenya Railroad Says About China’s Approach to Africa
May 14th, 2014
When China’s Prime Minister Li Keqiang announced a deal with Kenya to establish a new railroad, whose first stage will link the port city of Mombasa to the capital, Nairobi, he framed the arrangement in terms familiar to Sino-African ...
Payday Lending: Fixing a broken market
May 13th, 2014
ACCA (the Association of Chartered Certified Accountants) has launched a unique report on payday lending looking specifically at its business model. Called Payday lending: fixing a broken market, the authors Sarah Beddows, an independent consultant, and Mick McAteer from ...
FCA reviews how fund charges are set out
May 13th, 2014
The British Financial Conduct Authority (FCA) said today that firms must present their fund charges clearly and consistently, so that retail investors are able to compare charges before making decisions on where to invest. The recommendation follows a review ...
Old, Fired at IBM: Trendsetter Offers Workers Arbitration
May 12th, 2014
For at least a decade, International Business Machines Corp. gave fired employees information detailing a severance package that asked them to waive age-discrimination claims and also included a page listing the job titles and ages of workers being let ...
IASB agrees standard-setting charter of co-operation
May 12th, 2014
The IASB has published an updated charter establishing key principles of co-operation between the IASB, national standard-setters and other accounting standard-setting bodies, represented by the International Forum of Accounting Standard Setters (IFASS). The principles established by the charter are ...
Australian GMO ‘Contamination’ Case Could Have International Repercussions
May 9th, 2014
Australian farmers Steve Marsh and Mick Baxter grew up together, were once schoolmates, and have grown crops on their neighboring farms for years. But the emergence of GMO technology has driven a wedge between the long-time friends, leaving them ...
Two men arrested for insider trading and abuse of public office, $7 million restrained
May 9th, 2014
The Australian Federal Police and Australian Securities and Investments Commission have issued a joint press release as follows: Two men have been arrested by the Australian Federal Police (AFP) today for offences relating to insider trading, money laundering, corruption ...
Draghi Sets Clock Ticking for June Stimulus by ECB
May 9th, 2014
Mario Draghi has given himself a month to craft a new fix to the European Central Bank’s deflation angst. Cutting the euro area’s benchmark interest rate to a record tops the list of options for the ECB President after ...