ASIC: Company director in court on market manipulation charges

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Mr Hoong Kee Tang, a former director of Wintech Group Limited, which is in administration, has been arrested and charged with market manipulation and making false or misleading statements in

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ASIC: orders to wind up Global Rule

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ASIC obtains orders to wind up Global Rule ASIC has obtained orders, by consent, in the Supreme Court of Queensland appointing Mr Michael McCann, of Grant Thornton, as liquidator of

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ASX launches free online ETF courses

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The Australian Securities Exchange (ASX) has launched seven new and free online courses designed to help investors understand exchange-traded funds (ETFs). ETFs and exchange-traded commodities (ETCs) invest in a portfolio

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Zurich sells Lonsec to Financial Research Holdings

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Financial Research Holdings and Zurich today announced the sale of Zurich subsidiary Lonsec Limited, a leading research and stock broking business, to Financial Research Holdings. x A spokesman for Financial

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CommSec: Home loans rise but investors stay clear

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Housing finance The number of new owner-occupier housing loans rose by 4.8 per cent in April after falling by 1.1 per cent in March. The number of loans is 3.1

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LGsuper appoints Decimal to move limited advice online

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QLD super fund among growing list of Decimal industry partners Leading Queensland local government fund LGsuper has selected Decimal to help drive a technology-based solution in support of fund members requiring single-issue

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The rise and rise of new IPOs in Asia, and Asian investors

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Who would have thought – investing in Asia might soon give investors access to European and US companies. Some of Europe and America’s most prestigious companies are shunning the well-established

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The changing face of the risk environment

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Direct Risk the big winner as industry ‘comes of age’ According to Rice Warner Actuaries’ latest Direct Life Insurance Report, Australia’s direct life market has experienced growth over the past

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ASIC imposes conditions on iPlan licence

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ASIC has imposed additional conditions on the Australian financial services (AFS) licence of Queensland-based, iPlan Financial Services Pty Ltd (iPlan), after a surveillance of its advice business. ASIC’s action follows

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Emerging Resources Company Share Fund ranked 4th by Morningstar

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The Emerging Resources Company Share Fund managed by boutique equity fund manager E.I.M. Capital Managers celebrated its fifth anniversary at the end of April. It achieved a 15.8% pa return over

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