Markets

(RTTNews) – Shares of National Australia Bank Ltd. (NAUBF.PK, NABZY.PK, NAB.AX) or NAB were losing around 3 percent in Australian trading after Australian Transaction Reports and Analysis Centre or AUSTRAC informed that it has identified serious concerns with NAB’s compliance with the Anti-Money Laundering or AML and Counter-Terrorism Financing or CTF Act 2006 and the Anti-Money Laundering and Counter-Terrorism Financing Rules 2007. The concerns have been referred to AUSTRAC’s enforcement team, which has initiated a formal enforcement investigation. In a letter dated June 4, AUSTRAC advised NAB that it is the agency’s view that there is “potential serious and ongoing non-compliance” with customer identification procedures, ongoing customer due diligence and compliance with Part A of NAB’s AML/CTF Program. The Australian government financial intelligence agency stated that it has not made any decision about whether or not enforcement action would be taken. According to AUSTRAC, at this stage, it is not considering civil penalty proceedings and that this decision is “reflective of the work undertaken” by NAB to date. NAB has disclosed the existence of AML/CTF compliance issues in various public disclosures since 2017, including most recently in NAB’s 2021 Half Year Financial Report NAB CEO Ross McEwan said NAB

MAHE, Seychelles, June 7, 2021 /CNW/ — 100x Group, the holding structure for the BitMEX platform – the world’s leading cryptocurrency derivatives trading platform – today announced that it had received the prestigious International Organisation for Standardisation (ISO) information security certification ISO/IEC 27001.The ISO is an independent global body that establishes and assesses important standards for a wide variety of industries and functions. ISO/IEC 27001 provides the requirements for establishing a top-flight information security management system including safeguards for customer and partner data, a particularly important aspect for leading financial services companies.Alex Höptner, CEO of 100x, said: “It’s difficult to overstate the importance of information security for a platform like BitMEX. Traders trust us because of our track record on security – we have never lost a single Satoshi through intrusion or hacking. But security is never a static process and in order to continue to set the bar as high as possible, we sought – and were awarded – one of the most rigorous certifications: ISO/IEC 27001.” The award of the ISO/IEC 27001 certification requires an extremely thorough audit of IT systems but goes much further. It is a thorough examination of an organisation’s information security risks including potential threats, vulnerabilities

The Weeknd sweeps the JUNOS taking home five awardsTORONTO, June 6, 2021 /CNW/ – The Canadian Academy of Recording Arts and Sciences (CARAS) and CBC celebrated a golden anniversary this evening at the 50th Annual JUNO Awards Broadcast, Canada’s biggest night in music. The awards were broadcast nationwide on CBC TV, CBC Gem, CBC Radio One, CBC Music, CBC Listen and globally on CBCMusic.ca/junos. The highly anticipated event featured show-stopping performances from some of the country’s brightest music stars and appearances from the nation’s most recognizable personalities. Both new and notable artists were celebrated for their excellence and took home some of JUNO Weekend’s most prized awards. Following his three major wins announced Friday night at the 2021 JUNO Opening Night Awards Presented by Music Canada, The Weeknd also won Artist of the Year Presented by SiriusXM Canada and Album of the Year Presented by Music Canada during the broadcast, taking home an impressive total of five JUNO Awards this year.  This brings his overall total to fifteen JUNO Awards, making The Weeknd the sixth most awarded artist in JUNO history. Global superstar Justin Bieber walked away with the award for Pop Album of the Year Presented by CBC Music

(RTTNews) – Autodesk Inc. (ADSK) confirmed that it has submitted a non-binding proposal to acquire all the outstanding shares of common stock of Altium Limited (ALU.AX) for A$38.50 per share, to be implemented by way of a scheme of arrangement. Altium is a software company headquartered in San Diego, California and publicly traded on the Australian Securities Exchange. The company develops software used by printed circuit board (PCB) designers and electrical engineers at organizations around the world to deliver connected, intelligent products. The proposal represents a 41.5% premium over Altium’s closing price of A$27.21 on June 4, 2021.

(RTTNews) – The Hong Kong stock market has finished lower in three straight sessions, sinking more than 550 points or 1.8 percent along the way. The Hang Seng Index now rests just shy of the 28,920-point plateau although it’s expected to stop the bleeding on Monday. The global forecast for the Asian markets is positive in response to U.S. employment data and rising crude oil prices. The European and U.S. markets were up and the Asian bourses are tipped to open in similar fashion. The Hang Seng finished slightly lower on Friday following mixed performances from the financials, properties, casinos, technology stocks and oil companies. For the day, the index slid 47.93 points or 0.17 percent to finish at 28,918.10 after trading between 28,737.97 and 29,023.18. Among the actives, AAC Technologies advanced 0.78 percent, while AIA Group and Alibaba Health Info both rose 0.41 percent, Alibaba Group fell 0.28 percent, ANTA Sports climbed 1.03 percent, China Life Insurance shed 0.50 percent, China Mengniu Dairy jumped 1.19 percent, China Petroleum and Chemical (Sinopec) added 0.47 percent, China Resources Land skidded 1.39 percent, CITIC was up 0.22 percent, CNOOC lost 0.35 percent, CSPC Pharmaceutical tanked 1.64 percent, Galaxy Entertainment increased 0.24 percent,

(RTTNews) – The Taiwan stock market on Friday halted the five-day winning streak in which it had jumped more than 640 points or 3.5 percent. The Taiwan Stock Exchange now sits just beneath the 17,150-point plateau although it’s expected to find renewed support again on Monday. The global forecast for the Asian markets is positive in response to U.S. employment data and rising crude oil prices. The European and U.S. markets were up and the Asian bourses are tipped to open in similar fashion. The TSE finished modestly lower on Friday following losses from the financial shares, technology stocks and cement companies. For the day, the index dropped 98.79 points or 0.57 percent to finish at 17,147.41 after trading between 17,084.49 and 17,225.06. Among the actives, Cathay Financial retreated 1.43 percent, while CTBC Financial slid 0.66 percent, Fubon Financial sank 0.95 percent, Taiwan Semiconductor Manufacturing Company eased 0.17 percent, United Microelectronics Corporation plunged 3.64 percent, Hon Hai Precision advanced 0.90 percent, Largan Precision dropped 0.82 percent, Catcher Technology lost 0.55 percent, MediaTek shed 0.41 percent, Asia Cement skidded 0.77 percent, Taiwan Cement was down 0.76 percent and Delta Electronics, First Financial, E Sun Financial, Mega Financial and Formosa Plastic were

(RTTNews) – The South Korea stock market on Friday wrote a finish to the five-day winning streak in which it had gathered almost 85 points or 2.5 percent. The KOSPI now sits just above the 3,240-point plateau although it’s expected to bounce higher again on Monday. The global forecast for the Asian markets is positive in response to U.S. employment data and rising crude oil prices. The European and U.S. markets were up and the Asian bourses are tipped to open in similar fashion. The KOSPI finished modestly lower on Friday as losses from the financials and technology stocks were mitigated by support from the automobile companies. For the day, the index shed 7.35 points or 0.23 percent to finish at 3,240.08 after trading between 3,218.67 and 3,246.19. Volume was 1.4 billion shares worth 15.8 trillion won. There were 483 decliners and 371 gainers. Among the actives, Shinhan Financial dipped 0.35 percent, while KB Financial skidded 1.20 percent, Hana Financial dropped 0.95 percent, Samsung Electronics shed 0.72 percent, LG Electronics was down 0.65 percent, SK Hynix fell 0.39 percent, Naver retreated 1.38 percent, LG Chem slid 0.37 percent, Lotte Chemical lost 0.53 percent, S-Oil jumped 1.45 percent, SK Innovation rose

(RTTNews) – China will on Monday release May figures for imports, exports and trade balance, headlining a modest day for Asia-Pacific economic activity. Imports are expected to skyrocket 51.5 percent on year after jumping 43.1 percent in April. Exports are called higher by an annual 32.1 percent after rising 32.3 percent in the previous month. The trade surplus is pegged at $50.5 billion, up from $42.85 billion a month earlier. Australia will see May results for the Performance of Services Index from the Australian Industry Group and for job ads from ANZ. In April, the services index score was 61.0, while job ads jumped 4.7 percent on month. Japan will see preliminary April figures for its leading and coincident economic indexes; in March, their scores were 102.5 and 93.0, respectively. Finally, the markets in New Zealand (queen’s birthday) and Malaysia (Yang Dipertuan Agong’s birthday) are closed on Monday and will re-open on Tuesday.

TORONTO, June 06, 2021 (GLOBE NEWSWIRE) — iSIGN Media Solutions Inc. (“iSIGN” or “Company”) (TSX-V: ISD) (OTC: ISDSF), a leading provider of interactive mobile proximity marketing and public security alert solutions announced that the Company has been selected by SIMBL Business Enablement Inc. as the Exclusive Technology Platform in an on-going proof-of-concept (“POC”) contract between SIMBL Business Enablement Inc. and Innovation Solutions Canada (“ISC”), with the paid POC deployment currently underway at Prince George Airport in British Columbia.This POC program, called Passive Historical Aggregate Contact Tracing (“PHACT”) has been approved and vetted by the ISC. PHACT has been designed from the outset to address the shortcomings of traditional app-based systems.   The platform utilizes iSIGN’s proprietary technology to overcome the inherent issues surrounding privacy, data usage, power consumption and the publics’ lack of desire to download apps. The result is a system that leverages iSIGN technology for mobile messaging utilizing the Bluetooth features of mobile devices to collect completely anonymous data that provides public health authorities with valuable contact tracing information and the ability to issue public alerts and advisory statements.The POC deployment aims to show the accuracy, timeliness, effectiveness, and efficiency of the PHACT program, with testing to begin in

Hello and welcome to Insider Investing. I’m Joe Ciolli, and I’m here to guide you through the current market and investing landscape. Here’s what’s on the docket: