CFD & Forex News Updates
Catch up on the latest CFD & FX news updated daily
In today's ever changing financial markets, it's essential to keep abreast of the latest news headlines in order to help you make more informed trading decisions. From the bigger world macro events to local news from the Australian markets, we've got you covered.
You'll also notice we complement the news items with an actively updated twitter feed, providing daily analysis, price projections and a snap shot of the most important markets our traders are trading.
03/06/2012 - 11:41
Australia's fourth-largest bank has just been awarded a license to conduct retail business in Chinese yuan .
ANZ has become the first Australian bank to be granted permission by the China Banking Regulatory Commission, and will allow the group to provide customers with local currency deposits, mortgages, bancassurance and wealth management products and services. The retail license adds to ANZ’s existing Retail Renminbi (RMB)-related capabilities for corporate customers....
03/05/2012 - 17:33
Certification forms an essential part of the financial industry, and CFD providers are no different.
Australian investors wishing to begin trading in contracts for difference (CFDs) with a local provider will be wanting to ensure that they comply with the regulations set out by the Australian Securities and Investments Commission (ASIC).
ASIC issues an Australian Financial Service Licence to all providers, and we display this certification number on our website, along with our...
03/05/2012 - 15:00
The Australian arm of Coca-Cola Amatil has announced that it will be expanding its alcohol business - but not with a purchase from Fosters.
The leading soft drink company has decided to invest $70 million in two other businesses over the next two years, rather than buying Fosters' spirit and spirit ready-to-drink (RTD) business.
The move comes after an inspection of the books, and now presents SAB Miller with the opportunity to make to AU$34 million from the purchase - six...
03/02/2012 - 16:04
The largest supplier of mining explosives in the world has announced plans to establish a US$700 million ammonium nitrate factory in Western Australia.
Orica confirmed yesterday (March 1) that it will take a 45 per cent stake in the Burrup Fertiliser technical ammonium nitrate (TAN) plant in the state's Pilbara region, which is currently owned by Norwegian company Yara International and US energy giant Apache Corp.
Under the deal, the remaining portion of the plant will be...
03/01/2012 - 16:18
Restructuring efforts and declining trading activity has led to Australia's largest supermarket chain posting a first-half loss of almost 17 per cent.
Woolworths Limited today (March 1) announced a net profit of $966.9 million for the 27 weeks to January 1 2012 - a 16.8 per cent fall on the $1.16 billion posted in previous corresponding period.
This was just above the average forecast of $961.4 million predicted by analysts.
The news of the loss came despite the...
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