The transfer of responsibility for the supervision of Australia's financial markets, from the Australian Securities Exchange (ASX) to the Australian Securities and Investments Commission (ASIC), will take place on August 1.

HSBC clients face tax probe. U.S. clients of HSBC (HBC) are reportedly being probed by the Justice Department over accounts in India and Singapore they failed to disclose to the IRS. Until now, the U.S. crackdown on offshore tax evasion had focused primarily on Switzerland and UBS (UBS). HSBC declined ...

Electric car startup Tesla Motors made history last week when it delivered the first IPO for a U.S. car company since Ford Motor’s public debut more than half a century ago. While Tesla hasn’t made a profit and doesn’t plan to for at least two years from now, the world needs a lot more Tesla’s to emerge ...

Muditha Weeratunga submits: Recently the Australian stock market went through a correction phase, partly due to the global economic worries and partly due to the new proposed super tax by the government. The super tax was targeted miners as the government wanted to rectify the two phased economy being ...

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Daniel Kertcher A few years back we thought that investing in the stock market was a good way to build security for our future but things aren’t that easy now. Should we be leaving investing to the experts? The majority of financial advisors failed to predict the global financial crisis so we’re left ...

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Kumars.vipin: {{db-corp}} <b>Company History</b> Founded by Sanjay Govil in 1999. Headquartered in Bangalore, India Infinite was recognized among the Dataquest Top 20 Best IT Employers in 2004, Deloitte Technology Fast 500 Asia Pacific in 2004, Top 100 Global Outsourcing Provider in 2006 ...

The US private equity firm has bought Australia-based Study Group in an effort to expand the reach of its portfolio of education investments

Israel's Financial Expert submits: China Bluff Exposed, Regime Overthrown China's communist regime continued to print money, lending it to everybody that wanted and didn't want it. The giant housing, infrastructure, and manufacturing bubble came to a violent crash when the debts where not paid and inflation ...