Chief economist update: The hazard of being a safe havenBY BENJAMIN ONG | WEDNESDAY, 21 AUG 2019 9:56AM
Mounting uncertainties are pushing investors into safe haven assets such as longer-term bonds and currencies like the Swiss franc and the Japanese yen.Read more: US, BOJ, China, South Korea, Ahh, Argentina, Bank of Japan, Bloomberg, Board, Brexit, Germany, Hong Kong, Italy, Land of, Russia, Trump
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Moelis Australia has promoted two managing directors to joint chief executives as it announces plans to acquire a local non-bank lender, eyeing a bigger slice of the $1.8 trillion Australian residential mortgage market.
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OneVue has made a provision to write down its Sargon receivable by $26 million to just $3.9 million, dragging its first half bottom line to $27 million in losses after tax.
The director of a 'one-stop-shop' for SMSFs has pleaded guilty to 17 counts of aggravated deception and one count of dishonest dealings with documents.
The multi-asset manager has warned of the effects of climate change on investor's portfolios, urging them to assess a company's "carbon footpath" over eliminating polluters altogether.
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