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

Search Results

Showing 1711 - 1720 of 6023 results for "Credit"

Chief economist update: Still the best and better than all the rest

BENJAMIN ONG  |  THURSDAY, 25 JUN 2020
... and spend to save the economy from its first and only recession in 29 years. Even better, Australia has retained its AAA credit rating despite the government's massive spending. As Moody's Investor Service noted when it recently maintained Australia's ...

ASIC refuses just 3% of AFSL relief applications

HARRISON WORLEY  |  WEDNESDAY, 24 JUN 2020
... helped the law "work better for business" by granting 619 applications for relief from the Corporations Act and National Credit Act during the six month period. ASIC said the relief had a "net regulatory benefit" by facilitating business and cutting ...

Fixed income investors get new ESG rating

HARRISON WORLEY  |  TUESDAY, 23 JUN 2020
... covers around 95% of companies in global investment grade indices. The firm's new ESG risk rating tool provides the firm's credit research hub with a "fresh" feed of data, and aggregates and assesses external data against a set of 29 ESG risks, which ...

S&P warns of record fallen angels

ELIZA BAVIN  |  FRIDAY, 19 JUN 2020
S&P Global has warned of a record number of junk bonds in June as issuance in the US high yield bond market tracks at its busiest pace. The global ratings agency said there is an expected US$23.88 billion priced through June 12, following on from May's ...

Sargon buyers announce execs, ditch Sargon name

KANIKA SOOD  |  THURSDAY, 18 JUN 2020
... aspirations," Pacific Infrastructure Partners, whose shareholders include NY-based Kibble Holdings, Cloverhill Group and Vista Credit Partners, were confirmed as the new owners of Sargon's operating entities (Diversa, CCSL, Tidswell and the Australian ...

ASIC lays out product intervention plans

HARRISON WORLEY  |  THURSDAY, 18 JUN 2020
... challenging circumstances with the impact of COVID-19." So far the regulator has used to power in relation to a short-term credit product, and have consulted on its use for other ongoing matters.

APRA ditches property revaluation requirement

ELIZA BAVIN  |  THURSDAY, 18 JUN 2020
... intention of removing the APS112 requirement from the ADI capital framework, ADIs utilising the standardised approach to credit risk will not be expected to revalue residential mortgage property for the purpose of meeting the requirements.

Hedge funds in the green in May

ALLY SELBY  |  WEDNESDAY, 17 JUN 2020
... matter - when it comes to long/short strategies, with the ten largest funds down -10.17% for the month. Fixed income and credit strategies posted average gains of 3.28% in May; however are still down -6.16% year-to-date. Brazil-focused strategies staged ...

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

BENJAMIN ONG  |  WEDNESDAY, 17 JUN 2020
... hallelujah! For there'll be more money, money, money rolling in. On June 15, the Fed announced the Secondary Market Corporate Credit Facility (SMCCF) - buying corporate bonds (up to US$250 billion) from eligible issuers. In addition, Bloomberg reports ...

ASIC warns funds to clean up adverts

KANIKA SOOD  |  TUESDAY, 16 JUN 2020
... its radar. Traditionally, funds that have made comparisons to term deposits have included property syndicates and private credit including mortgage lending, a source said. "ASIC will continue to monitor the advertising and disclosure by managed funds ...