07/20/2015

India Signs Up For FATCA To Block Black Money

Hundreds of thousands of non-resident Indians live and work in America and remit a large slice of their income home, while the Indian government wants to track down taxpayers who invest in the USA.

07/19/2015

China tightens grip on internet financing platforms

Chinese regulators are tightening their grip on internet financing, after the recent stock market crash raised worries over margin financing and the risk of ordinary citizens losing their savings.

07/15/2015

Flow-on effect could hit NZ banks

New Zealand bank profits could be hit if their Australian parents have to raise an extra $AU30 billion to improve their capital levels.

07/14/2015

Supreme Court auctions Sahara property

The Gorakhpur Real Estate company had filed an application objecting the sale of property at Rs 64 crore to Samriddhi Developers and had offered Rs 110 crore

07/13/2015

APRA's capital stance gives the banks a reprieve

The Australian Prudential Regulation Authority has, no doubt much to the relief of the major banks, asserted its independence from David Murray’s Financial System Inquiry and a key recommendation on major bank capital requirements.