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Showing 111 - 120 of 2148 results for "Currency"

Corporate borrowing hits all-time high despite interest rates

ANDREW MCKEAN  |  MONDAY, 1 JUL 2024
... borrowings and questioning the sustainability of these debts. In Australia, net borrowing increased by 59.9% on a constant-currency basis to US$74 billion, due to CSL's acquisition of Vifor and BHP's dividends exceeding free cash flow significantly. ...

ETF price war heats up

ANDREW MCKEAN  |  FRIDAY, 28 JUN 2024
... Global Shares ETF, launched in May 2023, has a fee of 0.08% p.a. and represents 2.3% of Betashares' total assets. Its currency hedged counterpart, also launched recently, has a fee of 0.11% p.a. and accounts for 1.7% of total assets. The Betashares Australia ...

JPMAM, iCapital launch new private market fund for wholesale investors

ANDREW MCKEAN  |  TUESDAY, 18 JUN 2024
... However, the Australian fund's performance will differ from the underlying solution due to factors such as fees, taxes, and currency fluctuations specific to the local market.

Social media, news addiction cost returns: Morningstar

KARREN VERGARA  |  MONDAY, 17 JUN 2024
... staying the course, according to Morningstar. The "hyper-informed" investor is one who incessantly checks stock prices, currency and commodity fluctuations, and financial news, Morningstar director of equities research for Australia and New Zealand Mathew ...

ASIC cancels Everest Asset Management's AFSL

KARREN VERGARA  |  WEDNESDAY, 22 MAY 2024
... "Operation Avarus-Nightwolf". The AFP alleges that seven syndicate members laundered nearly $229 million via the Changjiang Currency Exchange's criminal enterprise with accomplices recruiting within the financial sector. The activity also enabled ...

Loomis Sayles brings global bond fund to Australia

ANDREW MCKEAN  |  MONDAY, 20 MAY 2024
... diversified fixed income opportunities by combining macro themes and a bottom-up approach, targeting excess returns in credit, currency, and duration. Its investment strategy mirrors the Loomis Sayles Global Aggregate Bond (AUD hedged) composite, which ...

ASIC prevails in landmark case against BPS Financial

ANDREW MCKEAN  |  MONDAY, 6 MAY 2024
... also misled consumers by asserting that Qoin tokens could be easily exchanged for other cryptocurrency or traditional currency through independent exchanges. Prior to November 2021, the only digital currency exchange that accepted Qoin was BTXExchange ...

Bitcoin halving won't bring immediate price rise

ELIZA BAVIN  |  MONDAY, 22 APR 2024
... Bitcoin ETFs in January. In addition, more than $10 billion in institutional investment has flowed through the digital currency market. Magnet Capital co-founder Benjamin Celermajer said halving events have historically preceded significant bull runs ...

Blockchain mining companies sued by ASIC

ANDREW MCKEAN  |  MONDAY, 15 APR 2024
... Court last week appointed Anthony Connelly, Kathy Sozou, and Jamie Harris of McGrathNicol as receivers over the digital currency assets of the NGS companies and of Mendham, Ten Caten, and Brown. ASIC said it applied for these orders because it was concerned ...

Court approves wind up of Prospero Markets

JAMIE WILLIAMSON  |  THURSDAY, 11 APR 2024
... Prospero's former officers and responsible managers charged with money-laundering offences, linked to the Changjiang Currency Exchange chain. ASIC first sought orders to have Prospero Markets wound up on March 1. The first hearing was on March 20 and ...