Search Results for: sec
Not guilty plea for Philippine senator
June 30th, 2014
A Philippine anti-graft court entered a not guilty plea Monday for the second of three prominent senators arraigned in the country’s biggest corruption trial in more than a decade. Senator Jinggoy Estrada, son of former president and now Manila ...
Offshore Tax Crackdown Opens With 30% Penalties for Banks
June 30th, 2014
The Internal Revenue Service is about to get an unprecedented look at bank accounts and investments U.S. citizens hold abroad, through a law that is making it harder to hide assets from the tax collector. Tomorrow, the U.S. government ...
Oscar Pistorius not mentally ill during killing
June 30th, 2014
A panel of mental health experts has concluded that Oscar Pistorius was not suffering from a mental illness when he killed girlfriend Reeva Steenkamp in his home last year, the chief prosecutor at the athlete’s murder trial said Monday. ...
Global M&A at seven-year high as big corporate deals return
June 30th, 2014
Investor support for large acquisitions and a desire to trump rivals in consolidating markets have led chief executives to strike big transactions so far in 2014, raising year-to-date global deal volumes to their highest level in seven years. Corporate ...
Former investment manager jailed
June 27th, 2014
The Australian Securities and Investments Commission (ASIC) has published the following announcement after a series of investigations: A former investment manager with links to the failed firm Trio Capital (Trio), was today sentenced to 25 months jail for making ...
Pimco runs risks in turning up the ‘vol’
June 27th, 2014
It was a tantalising introduction. Bill Gross, Pimco’s “Bond King” and founder of the world’s largest fixed income fund, promised to impart the secrets of his extraordinary success to an audience of financial advisers in Chicago. “I’ll be handing ...
Rethinking the Sino-American Relationship
June 27th, 2014
In early July, senior US and Chinese officials will gather in Beijing for the sixth Strategic and Economic Dialogue. With bilateral frictions mounting on a number of fronts – including cyber security, territorial disputes in the East and South ...
Shelbourne Markets purchased by ETX Capital
June 27th, 2014
ETX Capital, a London-based financial spread-betting and contracts-for-difference provider, has acquired Shelbourne Markets, Ireland’s largest financial spread-betting firm for an undisclosed sum. Shelbourne, which has 10,000-11,000 clients in Ireland, has been on the market for some months with four ...
EU Set For Tariff Liberalizing Agreements With Eastern Partners
June 27th, 2014
The European Union (EU) is set to ink new Association Agreements with Georgia, Moldova and Ukraine that will eventually eliminate tariff barriers to trade. The EU will sign the deals in their entirety with Georgia and Moldova on June ...
Argentina Tests U.S. Court Order by Posting Interest Payment
June 27th, 2014
Argentina is challenging U.S. Courts to enforce a ruling that will block $539 million of an interest payment and trigger a new bond default. Economy Minister Axel Kicillof said the South American nation complied with its foreign debt obligations ...
