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  • November 26, 2014
  • Last updated: 8:57pm
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Results 1 - 6 of 6 for australian dollar

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  1. Business - Companies - COURTS

    Ex-Citic Pacific exec Simon Chui stands trial for insider trading

    Posted Aug 29th 2012, 12:00am by Enoch Yiu

    ... and property developer, was involved in the company's foreign exchange forward contracts, including on the Australian dollar against the US dollar to hedge its business exposure in Australia. ... early that month from information from his work and e-mails from his colleagues that the company had suffered huge losses from a wrong bet on the future price of the Australian dollar ...

  2. Business - Money - COURTS

    Former Citic Pacific executive punished for insider trading

    Posted Nov 28th 2012, 12:00am by Enoch Yiu

    ... 9 and 12 in 2008 after he came to know that the company was facing substantial losses from trades in foreign-exchange derivatives contracts as it had bet wrongly on the Australian dollar. The SFC found Chui had been involved in assessing the impact of the decline in the Australian dollar on some foreign-exchange derivative contracts, and he also came to know from colleagues ...

  3. Business - Banking & Finance - COURTS

    Ex-Citic Pacific executive guilty of insider trading

    Posted Oct 27th 2012, 12:00am by Joyce Man

    ... in assessing the impact of the fall in the Australian dollar on some foreign exchange derivatives contracts. The SFC said that before selling the shares, Chui had learned from his work and e-mails from colleagues that the firm had suffered large losses from bets on the Australian dollar. Magistrate Li Kwok-wai ruled the SFC had proven its case, saying the way Chui traded in the shares "speaks ...

  4. News - Hong Kong - COURTS

    Pilot sued over loan default by Australian betting syndicate chairman

    Posted Sep 14th 2014, 06:15am by JULIE CHU

    ... Thoroughbreds. He has been under investigation since December. Local racing authorities charged him in February with using deception to siphon hundreds of thousands of Australian dollars from his club ... Julie Chu julie.chu@scmp.com Pilot faces HK$12m suit over defaulted loan An Australian businessman has launched a lawsuit in Hong Kong to pursue A$1.8 million (HK$12.6 million) in debts ...

  5. News - Hong Kong - COURTS

    'Exploited' fugitive admits laundering millions, 13 years after he fled to Canada

    Posted Aug 05th 2014, 04:29am by CHRIS LAU

    ... Chris Lau chris.lau@scmp.com 'Exploited' fugitive admits laundering millions A fugitive who, more than 13 years ago, laundered millions of Hong Kong dollars that had been ... report revealed that they embezzled billions of dollars from the state-owned bank. The three fled to Canada days after they were exposed and later moved to the US. Kwong, a Canadian passport ...

  6. News - Hong Kong - COURTS

    Kimberley Ultramarathon burn victims to sue race organiser

    Posted Nov 18th 2012, 12:00am by John Carney

    ... injured in an ultra-marathon in a remote part of Western Australia plan to bring a multimillion-dollar civil action against the race's Hong Kong-based organisers. The two women were left ... of grace" payments of A$450,000 (HK$3.6 million) from the West Australian government after an official inquiry in August urged the state to consider some form of financial compensation to help ...



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