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

Search Results

Showing 131 - 140 of 248 results for "USD"

Are ETFs really the next smartphones?

DARREN SNYDER  |  FRIDAY, 12 OCT 2018
... thought bubble. It has similarities to how smartphones have become multi-dimensional in their use. His example was the JPMorgan USD Ultra-Short Income ETF - the US-domiciled product has grown assets under management to US$2.5 billion ($3.5bn) in less ...

Elon Musk steps down as Tesla chair

KANIKA SOOD  |  TUESDAY, 2 OCT 2018
... "If the company meets its production targets in the next year, it could become profitable." For Aussie investors, the AUD-USD spreads add a positive tailwind for holding Tesla Inc. "The Australian dollar has depreciated [against] the US dollar year to ...

Natixis consolidates, appoints executives

KANIKA SOOD  |  MONDAY, 17 SEP 2018
... the managing director, multi-asset solutions. He was also HSBC Insurance's group chief investment officer, where he managed USD $120 billion across 22 countries. Hughes will join Natixis in December 2018.

ACDC to power new battery ETF

HARRISON WORLEY  |  MONDAY, 3 SEP 2018
... massive global transformation, adding the global market for advanced battery materials was expected to increase 50% to about USD$33 billion over the next four years. "Battery technology has advanced dramatically and is causing a structural shift in our ...

Swiss asset manager eyes Aussie instos

KANIKA SOOD  |  THURSDAY, 16 AUG 2018
... structures we have to deploy capital in the area," he said. The OECD strategy will target 9-12% in returns. It has a capacity of USD $1 billion. The investment team will look for potential investments in areas including large scale solar farms, wind ...

Chief economist update: Submerging markets

BENJAMIN ONG  |  TUESDAY, 19 JUN 2018
... recent big rate rises? - ultimately slowing growth in emerging economies. And then there's US trade protectionism. The high USD and lower emerging market currencies should work to improve the trade balance against US. But this would only put emerging ...

Citi launches currency product, targets HNW investors

DARREN SNYDER  |  MONDAY, 4 JUN 2018
... Account (GCA) could help investors, including: To receive rent payments for an investment property in the US, directly into a USD account (the GCA sets up individual accounts for each currency) To transfer currency from AUD to British Pound and Euro ...

Chapmans passes on blockchain investment

KANIKA SOOD  |  MONDAY, 4 JUN 2018
... invest in a US-based blockchain securities trading platform where it had contractual rights to invest up to about $5.3 million (USD 4 million). In February, Chapmans announced it had secured a binding term sheet to invest US$4 million is US-based Securrency ...

More victims of financial crime in APAC: Reuters

HARRISON WORLEY  |  MONDAY, 28 MAY 2018
... crime in their operations. In terms of a dollar figure, the research found that APAC companies suffered losses amounting to USD$166 billion, compared with USD$1.45 trillion globally. The research found that a lack of compliance - specifically in screening ...

Chief economist update: Red light on greenback

BENJAMIN ONG  |  THURSDAY, 25 JAN 2018
Down, down, the US dollar is down (again). Bloomberg's USD index shows that the US dollar dropped 1.0% overnight - taking its 2018-to-date decline to minus 3.2% -- on the back of US Treasury Secretary Steven Mnuchin's comments At the World Economic ...