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Australia

Legal letter

Two Sydney men plead guilty to insider trading

05/12/2014(0)
Two Sydney men, including a former analyst with ratings agency Moody’s, today pleaded guilty to insider trading that netted a profit of more than $180,000. Daniel Joffe, 37, of ... Read More
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Australia probes bitcoin crime links as currency craves legitimacy

03/12/2014(0)
A top Australian law enforcement agency is investigating bitcoin’s role in organized crime, a senior official said, just as politicians and financial regulators embrace the digital currency as a ... Read More
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Funding secured for Tesco shareholder class action

26/11/2014(0)
Australian litigation funder Bentham has made its biggest entry yet in the European market by agreeing to fund a class action against supermarket giant Tesco. The European subsidiary will ... Read More
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Aussie Near 4-Year Low as Lowe Says It May Weaken; Won Advances

26/11/2014(0)
Australia’s dollar traded 0.3 percent from a four-year low after central bank Deputy Governor Philip Lowe said yesterday the currency will probably depreciate in line with commodity export prices. ... Read More
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Australia Unemployment Stays Near 12-Year High

06/11/2014(0)
Australia’s jobless rate remained at the highest level in almost 12 years, a sign that many businesses are reluctant to hire in an uncertain economic climate and that interest ... Read More
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Australia Needs Stimulus to Avoid Recession, Morgan Stanley Says

05/11/2014(0)
Australia could face its first recession in almost 25 years unless authorities further stimulate the economy, Morgan Stanley (MS:US) said. The nation’s economy will expand just 1.9 percent in ... Read More
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Australia loses 24,400 Jobs according to nation’s Statistics Bureau

04/11/2014(0)
Australia’s labor market is weaker than previously reported, the nation’s statistics bureau said in a review released today, sending the currency lower as traders bet on an extended interest-rate ... Read More
RBA

Australia’s central bank keeps rates low, consumers encouraged

04/11/2014(0)
Australia’s central bank kept interest rates at record lows for a 14th straight policy meeting on Tuesday, saying the stimulus was justified given the outlook for sub par growth ... Read More
trading

Former Hanlong Executive Charged on Insider Trading

10/10/2014(0)
A mining executive who fled Australia three years ago has been extradited from Hong Kong and charged with 104 insider trading offenses linked to planned takeovers by a Sichuan ... Read More
australia g20

When the carnival is over: Australia’s surprising G20 legacy

06/10/2014(0)
The genesis of the G20 is a tale of two crises. The first — the Asian financial crisis — led to the creation of the G20 as a meeting ... Read More
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