The central bank yesterday punished four foreign banks for helping grain merchants speculate in New Taiwan dollar-deliverable forwards in contravention of foreign-exchange regulations.
In a statement issued on its Web site, the central bank said it has revoked the Deutsche Bank Taipei branch’s licenses to trade NT dollar deliverable forwards and NT dollar non deliverable forwards.
The branch has also been banned from foreign-exchange derivatives transactions for two years, the statement said.
The central bank has banned the Taipei branches of ING Bank NV and Australia & New Zealand Banking Group Ltd from trading NT dollar deliverable forwards and NT dollar non
FOREIGN LENDERS: The central bank took steps against Deutsche Bank’s Taipei branch, as well as ING Bank, Australia & New Zealand Banking Group and Citibank TaiwanBy Chen Cheng-hui / Staff reporter
2 ASX 200 shares to buy for dividends
Tristan Harrison | February 2, 2021 5:15pm |
More on:
There are some
S&P/ASX 200 Index (ASX: XJO) shares that have built reputations of being good dividend payers to their shareholders.
During the 2020 calendar year there were plenty of dividend cuts from some of the ASX 200’s biggest businesses like
Commonwealth Bank of Australia (ASX: CBA),
National Australia Bank Ltd (ASX: NAB),
Australia and New Zealand Banking Group Ltd (ASX: ANZ),
Sydney Airport Holdings Pty Ltd (ASX: SYD) and
But these two businesses kept the dividend increases coming despite the COVID-19 pandemic impacts.
Brickworks has been listed on the Aussie stock exchange for over 50 years. It started as a major brickmaker, but it’s now the biggest brick businesses in the whole of Australia.
Start-up brings unicorns to masses
By Andy Mukherjee / Bloomberg Opinion
Why should only the wealthy get to ride unicorns to further riches?
Privately held firms with at least US$1 billion in value come with daunting price tags that freeze out ordinary investors. Banks that help unicorns raise money are glad to chalk up a few bulky subscriptions US$1 million and more from top clients. It works fine with regulators who do not want the general public to lose their life savings on risky bets.
Were the ticket, say, US$1,000, even affluent millennials might want to take a punt on the next Facebook Inc or Uber Technologies Inc without having to wait for a stock market debut.