Search Results for: UBS
ASIC charges Goldman Sachs Australia Pty Ltd with $35,000 penalty
September 1st, 2014
The Australian Securities and Investments Commisions (ASIC) has charged Goldman Sachs Australia Pty Ltd (Goldman Sachs) with a penalty of $35,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel (MDP). The penalty was ...
Australia 200 – Settles Above 5600
September 1st, 2014
Australia 200 for Monday, September 1, 2014 The Australian 200 Index has spent the last week consolidating and trading in a very narrow range right around 5620 after enjoying a strong surge higher to a new six year high ...
OSB Daily Technical Analysis – Currency pairs
September 1st, 2014
OSB Daily Technical Analysis for September 1st, 2014 EUR/USD Strong downward pressure for the EUR/USD on Friday closing at the lows of the day and below support of 1.3150. The next support level is at 1.31 which is ...
‘Crop tourists’ predict record corn and soyabean harvests
August 29th, 2014
Every August, travellers with a high tolerance for monotony flock to the two-lane highways of the rural US Midwest. Tracing 1,000-mile routes across corn and soyabean fields, these participants in annual “crop tours” stop to measure ears, count bean ...
Ford, IBM win dismissal of 12-year lawsuit over apartheid abuses
August 29th, 2014
A Manhattan federal judge has dismissed a 12-year-old lawsuit accusing Ford Motor Co (F.N) and IBM Corp (IBM.N) of encouraging human rights abuses in apartheid-era South Africa, reluctantly concluding that the case does not belong in U.S. courts. U.S. ...
Australia 200 – Taking a Breather Around 5620
August 29th, 2014
Australia 200 for Friday, August 29, 2014 The Australian 200 Index has finally been able to surge higher to a new six year high around 5650 late last week before easing off to finish out the week. However since ...
FSA takes administrative action against Kookmin Bank
August 28th, 2014
The Financial Services Agency (FSA) has taken some administrative actions against Kookmin Bank, Japan Branches. Following its on-site inspection and the report prepared by the Japan Branches based on Article 24, paragraph 1, and Article 48 of the Banking ...
Mega-IPO to rekindle the ‘bromance’ behind Alibaba’s rise
August 28th, 2014
Masayoshi Son’s nose for an investment has turned a $20 million start-up punt on Alibaba into a stake worth maybe $50 billion or more as the Chinese e-commerce giant co-founded and led by Jack Ma heads to what could ...
Bringing It Back Home
August 28th, 2014
An increasing number of American companies are making plans to shift their headquarters to Europe. These so-called “inversions” would reduce these companies’ total tax bill by allowing them to escape from the United States’ uniquely unfavorable corporate tax rules. ...
PwC must face $1 billion lawsuit over MF Global advice
August 28th, 2014
A federal judge on Wednesday ordered PricewaterhouseCoopers to face a $1 billion (603 million pounds)lawsuit claiming that its bad accounting advice was a substantial cause of the October 2011 bankruptcy of MF Global Holdings Ltd, a brokerage run by ...
