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Australian broker Openmarkets fined $3 million for ‘market integrity’ violations
(Reuters) - Openmarkets Australia Ltd was fined a record A$4.5 million ($2.99 million) after a panel found the retail broker in violation of numerous market integrity rules, the country's corporate re...
Syndicated Content Jul 05, 2023
RBA to raise cash rate to 4.35% in August, economists split on peak: Reuters poll
By Devayani Sathyan BENGALURU (Reuters) - Australia's central bank will likely deliver a 25 basis point interest rate increase on Aug. 1 following a pause on Tuesday according to economists in a snap ...
Syndicated Content Jul 05, 2023
Dollar to stay firm on expectations of resilient US economy: Reuters poll
By Indradip Ghosh and Shaloo Shrivastava BENGALURU (Reuters) - The U.S. dollar will hold its ground against most major currencies for the rest of the year despite expectations of narrowing interest ra...
Syndicated Content Jul 05, 2023
Bubs Australia unveils new strategy, outlook amid board overhaul
(Reuters) - Bubs Australia on Thursday launched a five-point plan to manage working capital and optimise its portfolio, forecasting a 35% growth in net sales revenue for fiscal 2024. The company expec...
Syndicated Content Jul 05, 2023
CFTC investigators conclude crypto lender Celsius, ex-CEO broke rules- Bloomberg News
(Reuters) - Commodity Futures Trading Commission (CFTC) investigators have concluded that bankrupt crypto lender Celsius and its former CEO Alex Mashinsky broke U.S. rules before the firm's implosion,...
Syndicated Content Jul 05, 2023
NZ’s Vista Group to streamline business, cut jobs to turn cashflow positive
(Reuters) - New Zealand's Vista Group International Ltd on Thursday disclosed plans to reduce 6%-8% of its global workforce and streamline operations in an effort to turn cashflow positive a year earl...
Syndicated Content Jul 05, 2023
Victims testify in sentencing of Texas Walmart mass shooter
By Daniel Trotta (Reuters) - Victims of a white nationalist who killed 23 people and wounded 22 others at a Texas Walmart in 2019 began testifying about their suffering on Wednesday before a federal j...
Syndicated Content Jul 05, 2023
UK regulator orders investment funds to manage liquidity better
By Huw Jones LONDON (Reuters) - Some asset managers face sanctions for failing to manage liquidity properly, posing risks to market stability and investors' ability to withdraw money, Britain's Financ...
Syndicated Content Jul 05, 2023
More firms report on deforestation, yet few have plan to stop it – CDP
By Simon Jessop LONDON (Reuters) - The number of companies reporting on their management of deforestation risk has risen 300% over the last five years, yet most have no plan in place to stop it, envir...
Syndicated Content Jul 05, 2023
Britain’s banks seek government roadmap to tokenise stocks and bonds
By Huw Jones LONDON (Reuters) - Britain's role as a leading financial centre is at stake unless it comes up with a roadmap for digital representations of stocks, bonds, loans and real estate, trade as...
Syndicated Content Jul 05, 2023
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