News Centre

Bursa Malaysia Publicly Reprimands Nam Fatt Corporation Berhad (In Liquidation) And Fines Seven Directors A Total Of RM250,000

Date 27/02/2012

Bursa Malaysia Securities Berhad (Bursa Securities) has publicly reprimanded Nam Fatt Corporation Berhad (NAMFATT) for failing to make an immediate announcement on several material litigations, and for not complying with the directives of Bursa Securities on 9 October 2008 and 5 November 2008 to make an immediate announcement on the litigations. Bursa Securities has also publicly reprimanded and fined all its seven directors a total of RM 250,000.

Hong Kong Securities And Futures Commission: Former HAECO Director Convicted Of Insider Dealing

Date 27/02/2012

Former independent non-executive director of Hong Kong Aircraft Engineering Company Limited (HAECO), Mr Lam Kwong Yu, was today found guilty of insider dealing following a trial in the Eastern Magistracy (Note 1).

Results Of Dubai Financial Market PJSC Board of Directors' Meeting

Date 27/02/2012

Kindly be informed that the Board of DirectorsJ of Dubai Financial Market PJSC held meeting on Sunday 26/2/2012 at 2:00 PM at Borse Dubai and resolved the following:

• Approved the annual audited consolidated financial statement for the year ended December 31, 2011.
• Ordinary annual general meeting (AGM) to be held on isth April 2012 at DFM building in DWTC and coordinate with SCA concerning the AGM agenda.

KVH And Koscom To Launch Proximity Services For KRX’s Derivatives Trading - Addressing High Frequency Trading Needs Of Global Traders

Date 27/02/2012

KVH Co. Ltd., Asia’s leading information delivery platform, and Koscom, a leading financial IT solutions provider, announced today that they will offer proximity hosting services for the Korea Exchange (KRX) derivative trading customers at Koscom’s new data center in Busan. They will also offer ultra low-latency connectivity from overseas financial centers to Seoul and Busan through interconnections of KVH’s ultra low-latency regional network and Koscom’s Stock-net in Korea. These services will be offered in conjunction with connectivity to other key financial centers such as Tokyo, Singapore, Hong Kong, Sydney, and Chicago and will be available from June 4, 2012, when the new Koscom Busan data center opens.

Bursa Malaysia Publicly Reprimands Hdm-Carlaw Corporation Berhad And Fines Three Directors A Total Of RM200,000

Date 27/02/2012

Bursa Malaysia Securities Berhad (Bursa Securities) has publicly reprimanded HDM-Carlaw Corporation Berhad (CARLAW) and five of its directors for failing to make an immediate announcement on the defaults in payment of various credit facilities. In addition, three executive directors were fined a total of RM200,000.

Dubai Financial Market (PJSC) Records Net Profit Of AED 8 Million In 2011Abdul Jalil Yousef Darwish: Encouraging Indications On The Success Of The Company’s Efforts To Limit Dependency On Trading Commissions

Date 27/02/2012

The new revenue streams constituted 2.8% of the total revenue through:

• Signing data selling agreements with 20 companies
• Managing cash dividend distribution for 6 listed companies
• Applying listing fees and offering online advertising opportunities

Statement By IMF Managing Director Christine Lagarde On G-20 Ministerial Meeting In Mexico City

Date 27/02/2012

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today after the conclusion of the Group of 20 Finance Ministers and Central Bank Governors meeting in Mexico City:

“I would like to thank the Mexican authorities for hosting us, including President Felipe Calderón, Finance Secretary José Antonio Meade, and Bank of Mexico Governor Agustín Carstens."

Remarks By U.S. Treasury Secretary Tim Geithner At The G-20 Meeting Of Finance Ministers And Central Bank Governors

Date 27/02/2012

The risks to the global economy have diminished since the G-20 last met in Cannes, but we still face significant economic challenges.  The U.S. economy is gradually getting stronger.  Europe has acted to significantly reduce the risk of a catastrophic financial crisis.  And even with weakness in European growth, we are seeing encouraging signs of resilience in many emerging economies.

Dubai Gold & Commodities Exchange Weekly Market Commentary - February 26, 2012

Date 26/02/2012

Weekly Market Commentary  

26th February 2012 

Provided by TA Knowledge  

Welcome to the Weekly Market Commentary from DGCX, providing you with a snapshot of what's happening in the energy, precious metal and currency futures markets.

The commentary and analysis included in the DGCX Weekly newsletter is provided by TA Knowledge, a leading UK-based provider of news and intelligence.

The Saudi Stock Exchange (Tadawul) Announces The Display Of The Put-Through Trades Information On Its Website

Date 25/02/2012

The Saudi Stock Exchange (Tadawul) announces adding a new link on its website displaying the Put-Through trade information executed during the trading day as well as the historical information since 01/01/2011.
To display the Put-Through trades info please login WWW.TADAWUL.COM.SA