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Technology

Virtual bank collapse a warning to online world

BY CHRIS NICHOLLS | WEDNESDAY, 15 AUG 2007 12:49PM

The recent collapse of popular online role-playing game Second Life's largest bank has highlighted the problems an unregulated economy can have, even a virtual one.

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Editor's Choice

Viridian promotes to investment team, launches Infinity

KARREN VERGARA | 12:21PM

Viridian Financial Group announced three promotions to its investment leadership team as it merges its asset management and private wealth businesses under a single unit called Infinity.

Fight between SMC and FSC on super rages on

RIDDHIMA TALWANI | 12:06PM

The Super Members Council (SMC) has called out the Financial Services Council (FSC) on making selective claims about performance and costs of 'platform' super funds compared with performance-tested mainstream MySuper funds.

Global X launches global SMD ETF

VINNY VUCAGO | 12:19PM

Global X ETF has expanded its international equity range with the launch of the Global X MSCI International Small and Mid-Cap ETF (ASX: ISMD), offering Australian investors low-cost exposure to small- and mid-cap companies across developed markets outside Australia.

Super Consumers appoints former regulator as chair

RIDDHIMA TALWANI | 12:14PM

Super Consumers Australia (SCA) has appointed former deputy chair of ASIC and ACCC as its board chair.

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