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Showing 1351 - 1360 of 6452 results for "Fed"

Judgement delivered in binary options fraud

ALLY SELBY  |  FRIDAY, 19 JUN 2020
The Federal Court of Australia has slapped a trading company with a $1.8 million fine, while two people have been barred from financial services for their involvement in the fraudulent binary options scheme. The judgement comes following findings made ...

S&P warns of record fallen angels

ELIZA BAVIN  |  FRIDAY, 19 JUN 2020
... the last four weeks, at $4.7 billion, matches the prior all-time peak witnessed for the period to April 22, 2020, amid the Fed's extraordinary liquidity-support rollouts," S&P said. "This backdrop, alongside strong risk-on sentiment, has provided a window ...

Chief economist update: Honey, COVID-19 got me sacked

BENJAMIN ONG  |  FRIDAY, 19 JUN 2020
With most of us, Australians all, only just emerging from isolation and many businesses still locked down or operating with limitations, the rising rate of unemployment - from 5.2% in March to 6.4% in April to 7.1% in May - doesn't surprise. In ...

Sargon buyers announce execs, ditch Sargon name

KANIKA SOOD  |  THURSDAY, 18 JUN 2020
The buyers of Sargon's operating businesses have announced its new executive and board lineup and will rebrand it to Certes Corporation, leaving behind the Sargon brand. Former PEXA chief Marcus Price will move into the role of group chief executive ...

Public super fund rejigs offering

KANIKA SOOD  |  WEDNESDAY, 17 JUN 2020
The superannuation fund for Australian Defence Force employees will now allow departing staff to stay with the fund and consequently, has added an insurance offering. ADF Super currently allows only serving employees of the defence force to be with ...

Mayfair to drop use of platinum

ELIZA BAVIN  |  WEDNESDAY, 17 JUN 2020
Mayfair 101 has settled its trademark dispute with Platinum Investment Management over the use of the word "platinum" in the Mayfair Platinum brand. The settlement requires Mayfair 101 to cease using its Mayfair Platinum brand name from 30 June 2020. ...

Chief economist update: The power of money (and a cure)

BENJAMIN ONG  |  WEDNESDAY, 17 JUN 2020
... at the conclusion of its 9-10 June FOMC meeting) and the increasing likelihood of a second wave in America. I defended the Fed back then. Don't blame the Fed... Sure, the Fed has painted a dark picture of the US economy in 2020 - predicting GDP growth ...

ISA plays devil's advocate on SG

HARRISON WORLEY  |  MONDAY, 15 JUN 2020
Industry Super Australia's internal analysis has explored the other side of the superannuation guarantee debate, finding the costs of an increase in mandated savings may be shared between both employers and workers. A piece of internal analysis ...

Chief economist update: Australian Renaissance

BENJAMIN ONG  |  MONDAY, 15 JUN 2020
"Renaissance is a French word meaning "rebirth." It refers to a period in European civilisation that was marked by a revival of Classical learning and wisdom. The Renaissance saw many contributions to different fields, including new scientific laws ...

SEC charges COVID-19 microcap scammers

ALLY SELBY  |  FRIDAY, 12 JUN 2020
Five people and six offshore entities have been charged over an alleged fraudulent scheme which sought to capitalise on the COVID-19 pandemic through the illegal sale of microcap stocks. The US Securities and Exchange Commission allege the scheme, boosted ...