Yen Weakens for Second Day as Stocks, Oil Rally; Aussie Advances
January 8th, 2015
The yen fell for a second day against the dollar as stocks rose around the world before U.S. reports this week that economists said will show an improving labor market. Japan’s currency also weakened versus all of its 16 ...
Massive fraud link to major mortgage broker
January 7th, 2015
The Melbourne man at the centre of an alleged $110 million mortgage fraud holds a senior position in one of the country’s largest mortgage brokerage networks, raising concerns that the true scale of the potential financial losses is yet to be ...
Introduction to Money Laundering
January 7th, 2015
Definition of money laundering Money Laundering is the process by which criminals attempt to conceal the true origin and ownership of the proceeds of their criminal activities. If undertaken successfully, it allows them to maintain control over those proceeds ...
George Papanicolaou
January 7th, 2015
George Papanicolaou holds a BSc in Electronic Engineering from the University of Texas at Austin (USA), an MBA with specialization in Finance from Leicester University (UK) and a Postgraduate Certificate in the Mechanics of Risk Management from Middlesex University ...
HMRC: “transitional period” for businesses affected by new EU VAT laws
January 7th, 2015
HMRC has announced that there will be a “transitional period” for small businesses affected by new VAT rules. The new Europe wide legislation, which came into force on 1 January 2015, affects businesses that sell digital services, such as ...
Markets decline as oil plunge continues
January 7th, 2015
Markets continued retreating on Tuesday as oil prices slumped. The sell-off of US stocks continued for the second consecutive day. The S&P 500 benchmark index fell for the fifth session in a row, with only two sectors – utilities and telecoms, ...
Gold prices fall by Rs 72 in futures trade on profit-booking
January 7th, 2015
Gold prices fell by Rs 72 to Rs 27,322 per 10 grams in futures trade at the bullion market on Wednesday, amid profit-booking by speculators and a weak trend overseas. Bullion market analysts said the fall in gold futures was mostly ...
Accountants Confidence Index — January 2015
January 7th, 2015
After rising in November, the short-term and mid-term ACI readings both continued their upward trend in December, with the short-term and the long-term readings both both comfortably in positive territory. The ACI, published in partnership with ADP, is a ...
Markets retreat as oil plunges
January 7th, 2015
World stock markets tumbled on Monday on continued fall in oil prices and surging dollar. Sell-off of US equities dragged US stock indices down, with Dow Jones Industrial and the S&P 500 recording their worst losses since October. Investors ...
Execs of Credit Suisse’s China partner summoned
January 7th, 2015
The parent of Founder Securities, Credit Suisse AG‘s brokerage venture partner in China, said four of its executives were ordered to cooperate with an official investigation, stirring concerns as a dispute heats up with a major shareholder. Neither Founder ...
