The founder of an online currency transfer business was indicted in the United States along with six other people in a US$6 billion money-laundering scheme described as "staggering" in its scope, authorities said yesterday.Wednesday, 29 May, 2013, 2:50am 1 comment
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hyipexplorer.com23 Jul 2012 - 12:00am
Global currency deals rose 71 per cent last year
A volatile stock market, better consumer protection and new internet trading products have drawn thousands of retail investors back to foreign-exchange trading.6 Jan 2008 - 12:00am
DAVID LEE HAD been awake all night. His working day starts at midnight and ends when the rest of us are only just getting started.
Mr Lee is a senior foreign exchange dealer at Sun Hung Kai Financial. And the world of buying and selling currencies or gold, which revolves around turning a profit from their constantly fluctuating values, is an industry that never sleeps.22 Jul 2006 - 12:00am
The Securities and Futures Commission has revoked CA Pacific Forex's trading licence and reprimanded director Ming Tak-sang for breaches of trading rules between November 1997 to March 1998.22 Mar 2000 - 12:00am
PRESSURE is building for regulation of London gold trading in the SAR, following scams that have taken $85 million from hundreds of Hong Kong people in the past six months.
Trading on London gold prices from Hong Kong remains unregulated, allowing any company to set up as a trader of London Gold (also known as Loco or Local London Gold) and take orders from local investors.5 Sep 1999 - 12:00am
Cheerful Forex Co, a wholly owned leverage foreign exchange business arm of the financial services group, Cheerful Holdings, says it made a net profit of $13.28 million in the year to December, compared with a loss of $630,000 in 1995.25 Apr 1997 - 12:00am
POWER Range Co, a member of the Hong Kong Futures Exchange and a licenced foreign exchange trader, has requested permission to partially suspend its operations in a bid to sharpen its business focus.
It is understood that the decision was also related to compliance with the financial resources rule.10 Jan 1996 - 12:00am
CHALLENGE Forex Investment has been approved for a forex licence by the Securities and Futures Commission.
Since the Leveraged Foreign Exchange Trading Ordinance came into effect, 17 businesses and 421 representatives have been approved for forex licences.16 Jan 1995 - 12:00am
FEARS have been raised that the number of foreign exchange scams will increase as unscrupulous operators move in ahead of the introduction of new laws.21 Feb 1994 - 12:00am