News Centre

Singapore Fixed Income Indices (SFI) Weekly

Date 18/08/2014

Below are key highlights for the week ending 15 August 2014:

• The SFI remained unchanged.
• YTD, the STI currently outperorms the SFI by 1.36%.
• The SFI Corporate Bond Index rose marginally (+0.20%).  Conversely, the SFI Government Bond Index declined (-0.14%).
• The SFI Industrial Bond Index reached an all-time high (128.37) on Thursday, 14 August before closing the week at 128.36.
• YTD, 55 debt issuances have been added to the SFI Corporate Bond Index.  The tenure of these issuances largely fell within 3 to 5 years and 5 to 7 years.

DFM Achieves 011% Compliance In Local Company Disclosures Of Q2-2014 Results

Date 17/08/2014

Dubai Financial Market (DFM) today announced that itslisted local public joint stock companies have recorded a 100% compliance regarding the disclosure of Q2-2014 results within the deadline of 45 days from the end of the period.

Nigerian Stock Exchange Weekly Market Report For Week Ending August 15, 2014

Date 16/08/2014

A turnover of 1.367 billion shares worth N13.295 billion in 23,973 deals were traded this week by investors on the floor of The Exchange in contrast to a total of 1.430 billion shares valued at N20.185 billion that exchanged hands last week in 26,289 deals.

Tennessee CEO Sentenced To Serve 14 Years In Prison For $18 Million Ponzi Scheme

Date 15/08/2014

The former chief executive officer of Hanover Corporation was sentenced today to serve 14 years in prison, to be followed by three years of supervised release and ordered to pay $14,784,983.75 in restitution for orchestrating an $18 million Ponzi scheme.

BATS 1000 Index Rises 1.2% This Week

Date 15/08/2014

BATS Global Markets, a leading operator of securities markets in the U.S. and Europe, reports the BATS 1000® Index (Ticker: BATSK) advanced 261.36 points, or 1.2%, this week to close at 21,926.62.

Deputy To Liberty Reserve Founder Pleads Guilty To Money Laundering

Date 15/08/2014

Azzeddine El Amine, 47, of San José, Costa Rica, pleaded guilty today to money laundering and operating an unlicensed money transmitting business in connection with his role in running Liberty Reserve, a company that operated one of the world’s most widely used digital currency services.

SEC Announces Charges In Houston-Based Scheme Touting Technology To End Fracking

Date 15/08/2014

The Securities and Exchange Commission today announced charges against a Houston-based penny stock company and four individuals behind a pump-and-dump scheme that misled investors to believe the company was on the brink of developing revolutionary technology to enable environmentally friendly oil-and-gas production.

The Espirito Santo Bank Matter In Portugal: Eurofin Group Categorically Refutes The Allegations Of The Wall Street Journal

Date 15/08/2014

Over the course of the previous weeks Eurofin received numerous questions from the Wall Street Journal and from other media regarding its role in the events surrounding the collapse of the Espirito Santo Group (GES) and Banco Espirito Santo (BES). In the interests of transparency, Eurofin answered these questions to the best of its knowledge at that time.

LBMA Silver Price Launches New Era In Pricing Precious Metals

Date 15/08/2014

CME Group, the world’s leading and most diverse derivatives marketplace, and Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, have launched the new LBMA Silver Price mechanism in partnership with the London Bullion Market Association (LBMA). CME Group, Thomson Reuters and LBMA have joined forces to provide the over-the-counter spot silver market with a new  transaction-based price-setting mechanism for the LBMA Silver Price that is IOSCO-compliant and fully electronic. CME Group will provide the electronic auction platform on which the price will be calculated, Thomson Reuters will be responsible for administration and governance and the LBMA will accredit price participants. The new LBMA Silver Price benchmark will be published and distributed by Thomson Reuters and will be available on the LBMA’s website. 

ASIC: Macquarie Equities’ Financial Advice Remediation

Date 15/08/2014

ASIC announced Macquarie Equities Limited (MEL) will today begin writing to current and former clients about possible remediation for flawed financial advice.