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

Search Results

Showing 1081 - 1090 of 9693 results for "Lowe"

Celsius latest casualty in crypto crash

CASSANDRA BALDINI  |  FRIDAY, 15 JUL 2022
Celsius Network has filed for Chapter 11 bankruptcy making it the latest victim of the crypto crash. In a statement, Celsius said it has filed with the Court a series of customary motions to allow it to continue operation. These "first day" motions ...

$150m capital overlay no more for Allianz Australia

CHLOE WALKER  |  FRIDAY, 15 JUL 2022
APRA has removed the additional capital overlay it applied to Allianz Australia to address its risk governance weaknesses. Initially, a fine of $250 million was imposed on Allianz in 2019, in response to issues raised in a risk governance self-assessment ...

Hostplus links returns to active approach

ANDREW MCKEAN  |  THURSDAY, 14 JUL 2022
Hostplus has advocated for the employment of active management strategies to navigate difficult global markets. On the back of announcing it had delivered a positive 1.57% return for its members in its Balanced (MySuper) option for the financial year ...

US rocked by inflation disaster

ANDREW MCKEAN  |  THURSDAY, 14 JUL 2022
The US Bureau of Labor Statistics has reported that inflation has surged 9.1% over the last year, shooting up a torrid 1.3% in June alone. While inflation has surged to its highest level in 41 years, US president Joe Biden said the CPI data doesn't ...

ETF flows up despite volatility: Vanguard

ANDREW MCKEAN  |  THURSDAY, 14 JUL 2022
Australian ETF net inflows remained positive through a volatile quarter, according to joint data from the ASX and Vanguard. However, compared to Q1, the industry's total assets under management (AUM) dropped almost 10% from $132 billion to $119 billion. ...

ASX 100 chief executive bonuses hit record highs

CASSANDRA BALDINI  |  WEDNESDAY, 13 JUL 2022
Bonuses paid to ASX 100 chief executives hit record highs in FY21, jumping from 31% to 76.7%, a new report from the Australian Council of Superannuation Investors said. In the first year of the pandemic, Australian boards responded to market turmoil ...

Those most in need of advice see least value in it: Research

JAMIE WILLIAMSON  |  TUESDAY, 12 JUL 2022
About 80% of consumers who have never accessed financial advice don't believe there is any value in it, according to a new study from University of South Australia which calls for the introduction of a government-funded rebate for advice. The study ...

Equity Story plans to throw finfluencers a lifeline

CASSANDRA BALDINI  |  MONDAY, 11 JUL 2022
Equity Story Group has acquired news and arts media company A Rich Life, and plans to throw 'finfluencers' a lifeline after ASIC's recent crackdown by giving them the option of continuing to influence with the coverage of an AFSL. A Rich ...

Growth scare likely during second half of 2022: Report

CASSANDRA BALDINI  |  FRIDAY, 8 JUL 2022
Global activity is already slowing, as central banks continue to indicate that a further deceleration is needed to lower inflation, report said. According to UBS Asset Management's Panorama mid-year outlook, titled Inflation: Rising to the Challenge ...

Australian investor confidence plummets: CA ANZ

ANDREW MCKEAN  |  THURSDAY, 7 JUL 2022
Investor confidence in local and international capital markets is lower than it was at the depth of the COVID pandemic according to a Chartered Accountants Australia and New Zealand (CA ANZ) survey. The CA ANZ survey said a combination of the pandemic ...