Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 61 - 70 of 12520 results for "Economic"

VanEck failed to disclose influencer's role in ETF launch: SEC

JAMIE WILLIAMSON  |  MONDAY, 19 FEB 2024
... Associates' disclosure failures concerning this high-profile fund launch limited the board's ability to consider the economic impact of the licensing arrangement and the involvement of a prominent social media influencer as it evaluated VanEck ...

UK, Japan slip into technical recession

KARREN VERGARA  |  FRIDAY, 16 FEB 2024
... aligned with the economy's capacity. We project 1% growth in 2024. This is up slightly from our most recent World Economic Outlook update. Thanks to stronger government spending. And achieving sustained 2%, inflation looks increasingly likely." The ...

AI poses potential challenge to financial stability: Gensler

ANDREW MCKEAN  |  WEDNESDAY, 14 FEB 2024
... at Yale Law School, Gensler described AI as having "tremendous opportunities for humanity," noting that it could drive economic efficiencies and foster financial inclusion. Gensler pointed out that AI has already transformed the landscape of robo-advice ...

Dexus results mixed prior to Steinberg's exit

CHLOE WALKER  |  WEDNESDAY, 14 FEB 2024
... what will be his final Dexus results, chief executive Darren Steinberg highlighted the company's resilience amid economic headwinds. Despite the loss, Dexus generated $292.4 million in adjusted funds from operations and completed $1.3 billion in ...

Fiducian reports strong first half, flags growth plans

JAMIE WILLIAMSON  |  TUESDAY, 13 FEB 2024
... years. "The financial results for the half-year once again demonstrate the resilience of Fiducian's ability to manage economic uncertainties," the business said. "Disciplined business plan execution and hard work by management utilising our vast cache ...

Grok Ventures appoints new chief executive

RACHEL ALEMBAKIS  |  FRIDAY, 9 FEB 2024
... She comes to Grok from SieraCo, where she was a partner. Grok has identified decarbonisation as "one of the greatest economic opportunities of our time," and plans to invest in climate-related ventures from venture capital at seed stage, to major renewable ...

Fund selectors harbour AI bubble fears, affirm belief in its longevity

ANDREW MCKEAN  |  THURSDAY, 8 FEB 2024
... their analysis. Despite generally positive views on AI, fund selectors face a challenging 2024 due to global tensions, economic growth concerns, and rising interest rates. This complex environment has led to a nearly 28% reduction in long-term return ...

Cash rate unchanged at 4.35%

KARREN VERGARA  |  WEDNESDAY, 7 FEB 2024
... Economists unanimously predicted that the RBA would leave the base rate as is for now. "While there are encouraging signs, the economic outlook is uncertain and the board remains highly attentive to inflation risks. The central forecasts are for inflation ...

RBA anticipated to delay interest rate cuts

ANDREW MCKEAN  |  TUESDAY, 6 FEB 2024
HSBC chief economist Paul Bloxham says that despite widespread market enthusiasm for imminent central bank interest rate cuts, the Reserve Bank of Australia (RBA) is likely to hold off on such cuts for the foreseeable future. Bloxham said that the RBA ...

BlackRock iShares adds to factor ETFs

JAMIE WILLIAMSON  |  MONDAY, 5 FEB 2024
... current uncertainty. "IMTM enables investors to ride positive momentum and can potentially outperform during periods of economic expansion," she explained. "IQLT and IHQL aim to capture global stocks with capital growth potential even during periods ...