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Showing 1641 - 1650 of 3558 results for "October 28"

Two holds and a raise

BENJAMIN ONG  |  TUESDAY, 31 OCT 2017
... Kuroda's continuity at the helm of the central bank. The Fed holds its Federal Open Market Committee (FOMC) meeting on 31 October - 1 November. Although there are other fishes to fry - Trump tax cuts, Trump nomination of new Fed head, low volatility ...

Advice industry compensation bill hits $37m

KARREN VERGARA  |  FRIDAY, 27 OCT 2017
The financial advice industry shelled out $37 million in FY17 to 2200 clients that suffered financially from bad advice, according to ASIC. The regulator completed 227 "high-intensity surveillances" of financial advisers and banned a total of 35 "bad ...

ECB schedules taper

BENJAMIN ONG  |  FRIDAY, 27 OCT 2017
... over its QE exit strategy. ECB president Mario Draghi did what he telegraphed he would -- discuss QE unwind strategy in October - and offered something better - a clearer path towards policy normalisation. The ECB kept interest rate settings as they ...

FASEA announces first focus

JAMIE WILLIAMSON  |  THURSDAY, 26 OCT 2017
The Financial Adviser Standards and Ethics Authority will first work on developing a framework for accrediting providers of approved degrees for new industry entrants. Following its October board meeting, FASEA released the structure of the degree requirement ...

Aurora finalises Hastings takeover bid

ALEX BURKE  |  MONDAY, 23 OCT 2017
Aurora Funds Management finalised its takeover bid for all ordinary units in the Hastings High Yield (HHY) Fund. Acting as the responsible entity for both the Aurora Global Income Trust (AIB) and HHY, Aurora closed the takeover bid on October 13. The ...

New industry body to launch

JAMIE WILLIAMSON  |  MONDAY, 23 OCT 2017
A new industry association looking to build upon Australia's insurance innovation ecosystem will be formally established this week. National not-for-profit organisation Insurtech Australia will focus on representing insurtech startups, insurers, reinsurers ...

Enter the dragon

BENJAMIN ONG  |  MONDAY, 23 OCT 2017
... easing to 6.5% next year. The roadmap provided in the 19th National Congress of the Communist Party of China - 18 - 24 October - indicates there will be more of the same. That is, onwards and upwards for the Middle Kingdom. In his opening address, President ...

Jobs galore

BENJAMIN ONG  |  FRIDAY, 20 OCT 2017
It's a wonderful set of numbers that came just in the nick of time for the estimated 900 workers who'll be finishing at Holden's car manufacturing plant in Adelaide today. For as that door closes, another opens. The Australian Bureau of Statistics (ABS) ...

Beige Book report delivers known knowns

BENJAMIN ONG  |  THURSDAY, 19 OCT 2017
Back in the day - in the 1990s - when I still had a full head of hair, we placed great importance to the Fed's Beige Book report for it was up there with major indicators like employment and inflation that spark major market movements. The US Federal ...

Board changes at Crestone

KARREN VERGARA  |  TUESDAY, 17 OCT 2017
Crestone Wealth Management announced a number of board changes that will help steer the firm's expansion in 2018. Leigh Clifford assumes the position of chair, succeeding John McDonald who remains a non-executive director. Clifford joined as a non-executive ...