Finance and Banking
Japan has been talking about Islamic finance for several years with Japan Bank for International Cooperation leading the way in terms of local research and development. However, up until recently, only a small number of Islamic finance deals have been done in this market.
Finance and BankingFinance and Banking
The Federal Government has announced that it will shortly draft regulations which carve out funded class actions from the definition of "managed investment scheme" under the Corporations Act 2001. The announcement is in response to the decision of the Federal Court in Brookfield Multiplex Limited v International Litigation Funding Partners Pty Limited [2009] FCAFC 147, which found that funded ...
Finance and BankingAustralian Market Report of July 30, 2010
Sydney, Australia, July 30, 2010 - (ABN Newswire) - The Australian sharemarket has opened lower on Friday, led by financials, energy and material sector. Overnight US market ended the choppy session with a loss, as investors seesawed between the disappointing revenue from utilities and consumer companies and a batch of strong earnings reports. In early trade, Australia's benchmark S & amp;P ...
Australian Market Report of July 30, 2010