Sunday, November 23, 2014   

HKMA investigates possible forex rigging
(04-01 17:54)

The Hong Kong Monetary Authority said it was investigating numerous banks for alleged foreign exchange market manipulation.
“The HKMA is investigating a number of banks in Hong Kong by requiring them to conduct independent reviews of their FX operations and submit the results to the HKMA,'' a spokeswoman told AFP.
The authority is also working with “overseas bank supervisors on the matter'' and reviews are “in progress,’’ she said.
Authorities in the United States, Britain and Switzerland have also opened inquiries into whether banks manipulated foreign exchange.

   
Other Business breaking news:
PBOC to inject liquidity if necessary (11-21 19:03)
China cuts interest rates (11-21 18:41)
Indexes track Connect (11-21 17:35)
ECB chief says will ramp up asset purchases 'without delay' (11-21 17:09)
European stocks rise at open (11-21 16:23)
Hang Seng ends higher (11-21 16:22)
Nikkei closes higher (11-21 15:03)
Nikkei down by break (11-21 11:03)
Taiwan export orders hit record high on iPhone 6 demand (11-20 19:08)
Japan exports up 9.6 percent in October (11-20 18:41)

More breaking news >>

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