Finance

Janet Yellen takes over as Chairman of the US Federal Reserve after Ben Bernanke vacates the seat on Friday. Her impact on the global economy will come from decisions about monetary policy – specifically the Fed’s quantitative easing program – which will be felt around the world, Associate Professor Harry Scheule writes.
The big stick of regulation should be wielded with care lest it undermine the efficiency of markets, the financial services sector argues. But a Sydney conference has heard there are question marks over precisely how efficient capital markets are.
What part does torture have in a Finance degree? Dr Gerhard Hambusch's challenging hypotheticals help students delineate their ethical boundaries.