ASIC says ANZ used its large market position to influence interest rates, which benefited the bank but disadvantaged its clients.
Put bluntly, the ISSG plan is not for suffering Syrians. It is not for the opposition-rebel bloc. Instead – beyond the Assad regime – the beneficiaries are the US and Russian governments.
After a rocky few weeks for Australian financial markets, China’s latest economic data release should come as a relief.
It has become fashionable to hate the hipster, although they are only symptomatic of larger socio-economic realities and problems.
Associate Law Professor Mary Anne Kenny explain that other countries actually host or take more refugees per capita than Australia.
Florida-based asset management firm Stonehenge Capital Management (SCM) announced Monday that its new direction-neutral hedge fund strategy called Forward Curve Realignment (FCR) resulted in strong returns one month after its launching.
In the recently published 2011 IT Industry Competitive Index report, South Korea ranks 19th place with 60.8 points.
Beijing-COSCO Group, a giant state-owned conglomerate shipping company in China demands to small ship owners in dry bulk freight to reduce their rental costs.
As risk currencies become quickly overcrowded and range-bound equity indices remain the territory of traders rather than investors, silver once again appears as the notable gainer, characterised by richly similar fundamentals to gold. The only thing is that silver is trading 20% below its record high.
A less frenetic week would normally be expected this week after the volatile trading conditions and poor data flow last week, but with the unofficial deadline of Friday night, our time, for the US debt ceiling/spending cuts talks to reach some sort of agreement, tension will remain high until a deal emerges.
It was no surprise that Bernanke did not dare utter the words QE3 on Wednesday's press conference. Yet, there was no need to refer to further easing when the FOMC already downgraded its growth outlook for the 3rd successive meeting.
Commodities will undergo another bull run once financial markets fully appreciate the threat of a global rise in inflation, according to Dighton Capital Management, one of the world's leading managed futures fund managers.
This headline-charged first week of May has been dominated by the announced death of Osama Bin Laden, a historic 5-cent retreat in the euro and the greatest weekly decline in silver. But the week could have witnessed a positive transition (another one) in favour of precious metals. Here is why;
It was recently learned that the Bank of Mexico earlier this year bought nearly 100 tons of gold, equivalent to around $4.6 billion at the current per ounce price.
Two independent studies by the Aberdeen Group show that personalization of the in-store customer experience will be a key objective for retailers over the next two years. The studies were sponsored by HP.
U.S. stocks bounced in and out of positive territory but are now rising, while the dollar and the 10 year Treasury plunged, after the Federal Reserve said it would buy $600 billion in longer-term securities by the middle of next year as part of its latest effort to prime the domestic economy.
