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Link's UK unit faces $57 million fine in Woodford probe; D&D buyout under threat - Vimarsana News

Link's UK unit faces $57 million fine in Woodford probe; D&D buyout under threat

Australia's Link Administration said on Wednesday Britain's financial regulator may fine a UK unit 50 million pounds ($56.86 million) in addition to potential 306.1 million pounds in redress over its management of a now defunct fund.

Asian Markets Mostly Lower Ahead Of Fed Rate Decision - Vimarsana News

Asian Markets Mostly Lower Ahead Of Fed Rate Decision

CANBERA (dpa-AFX) - Asian stock markets are mostly lower on Wednesday, following the broadly negative cues from global markets overnight, ahead of the US Fed's interest rate decision as well as

Link's UK unit faces $57 million penalty over Woodford fund investigation - Vimarsana News

Link's UK unit faces $57 million penalty over Woodford fund investigation

(Reuters) - Australia's Link Administration said on Wednesday UK's financial watchdog issued a draft notice assessing a penalty of 50 million pounds (...

S&P/ASX200: Coal stocks lift ASX as prospect of US rail strike heats up - Vimarsana News

S&P/ASX200: Coal stocks lift ASX as prospect of US rail strike heats up

The S&P/ASX 200 Index added 0.2 per cent to 6842.9; Coronado climbed 9.1 per cent to $1.85, and New Hope Corp 6 per cent to $5.82.

Source: afr.com
The Overnight Report: Sticker Shock - Vimarsana News

The Overnight Report: Sticker Shock

US inflation unexpectedly rose in August from July. Dow down -1276. (Available for non-subscribers after 10am)