Search Results for: sec
Alibaba overhauls pact with Alipay parent
August 13th, 2014
The pact between Alibaba Group Holding Ltd and its payment affiliate Alipay was overhauled. This boosted the Chines e-commerce giant’s potential gain if Alipay is sold or goes public. Alibaba, which is set to go public in New York ...
Strategic Finance settlement proceeds to first distribution
August 12th, 2014
In June this year PwC Partners John Fisk and Colin McCloy, as Receivers of Strategic, together with the Financial Markets Authority, announced they had finalised a $22 million settlement agreement with the former directors and auditors of Strategic. On ...
Sydney man charged with insider trading
August 12th, 2014
Australian financial regulator ASIC, alleges that trader has earned $20,000 from insider information in trading and now faces jail and fine. A 31-year old Sydney man today appeared before court charged with eight counts of insider trading, following an ...
Singapore GDP Unexpectedly Expands as Outlook Improves
August 12th, 2014
Singapore’s economy unexpectedly expanded last quarter as manufacturing declined less than initially estimated amid recoveries in advanced countries. Gross domestic product rose an annualized 0.1% in the three months through June from the previous quarter, when it climbed a ...
Yen Weakens From 3-Week High on Reduced Haven Demand
August 12th, 2014
The yen weakened for a second day against the dollar as easing tensions in Ukraine reduced demand for the currency as a haven. The euro fell toward the lowest since November versus the greenback before data this week that ...
These large-cap funds are crushing the S&P 500 this year
August 12th, 2014
Some funds are clobbering the Standard and Poor’s 500 stock index this year. The top five large-company stock funds: PIMCO StocksPLUS Long Duration fund (PSLDX), 18.1%. This fund is an anomaly, albeit a successful one. It invests in S&P ...
Technical Analysis Gold – Eyes Down on Key $1290 Level
August 12th, 2014
Technical Analysis Gold for Tuesday, August 12, 2014 To finish out last week Gold exhibited signs of a rejection pattern with its last red candlestick which has been followed through a little to start this week as it has ...
Pound Bulls Face Day of Reckoning as BOE Inflation Report Looms
August 12th, 2014
This week’s economic forecasts from the Bank of England are shaping up to be decisive for the remaining sterling bulls. The pound strengthened against the euro today as investors prepared for clues from projections due in the central bank’s ...
Australia 200 – Support Stands Firm at 5400
August 12th, 2014
Australia 200 for Tuesday, August 12, 2014 After being on quite a roll for several weeks throughout July, the Australian 200 Index has fallen sharply over the last couple of weeks returning back to more familiar territory between the ...
Technical Analysis AUD/USD – Steadies Below Key 0.93 Level
August 12th, 2014
Technical Analysis AUD/USD for Tuesday, August 12, 2014 The Australian dollar is trading in a very small trading range right on top of the support level at 0.9260 after dropping so sharply in to finish out last week from ...
