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Showing 191 - 200 of 2634 results for "Friday"

Chief economist update: The tweet that reignited the trade war

BENJAMIN ONG  |  TUESDAY, 7 MAY 2019
... Dollars of other goods. These payments are partially responsible for our great economic results. The 10% will go up to 25% on Friday. 325 Billion Dollars...... of additional goods sent to us by China remain untaxed, but will be shortly, at a rate of ...

Chief economist update: China is back on track

BENJAMIN ONG  |  TUESDAY, 23 APR 2019
... banks. So much so that when the Chinese Politburo met and reviewed the economy's first quarter performance on Good Friday, it was good. Unlike in previous Politburo tete-a-tete, the latest statement no longer mentioned "stabilising employment, finance ...

IOOF responds to class action

ELIZABETH MCARTHUR  |  FRIDAY, 12 APR 2019
IOOF has responded to being served with a class action proceeding filed by Quinn Emanuel Urqhart & Sullivan. On Friday the law firm announced it had filed proceedings against IOOF,based on evidence given at the Royal Commission and legal proceedings ...

Praemium loses major client

KARREN VERGARA  |  MONDAY, 8 APR 2019
Praemium has lost an Australian institutional client that contributed 8% to its revenue. ANZ Private made $4 million in revenue for Praemium during the 2018 calendar year. It will transition to new platform provider Netwealth from July 2019. While "it ...

JPMorgan portfolio manager leaves

KANIKA SOOD  |  TUESDAY, 2 APR 2019
... globally integrated multi-asset solutions team," a JP Morgan spokesperson said. Morningstar put the fund under review on Friday afternoon. "JP Morgan has no immediate plan to replace Elliot on this strategy and has appointed Shah as sole portfolio manager/decision-maker. ...

Clayton Utz finally hands AMP notes to ASIC

HARRISON WORLEY  |  MONDAY, 11 MAR 2019
... action. As such, AMP has agreed to pay the corporate regulator's costs, with the proceedings dismissed by consent on Friday. ASIC deputy chair Daniel Crennan said ASIC was determined to take enforcement action against Australia's large financial ...

YBR in trading halt, flags loss

KARREN VERGARA  |  MONDAY, 4 MAR 2019
Yellow Brick Road has been suspended from trading for failing to lodge its half-year report. YBR told the market on Friday it will incur a statutory after-tax loss for the six months to 31 December 2018. The results include a material non-cash impairment ...

FPA disciplines two members

HARRISON WORLEY  |  MONDAY, 4 MAR 2019
... Australia members have faced immediate sanctions following determinations from the association's Conduct Review Commission. On Friday the FPA said two members would be stripped of their membership and professional designations for a period of time, after ...

Chief economist update: Trump tweets bull market back into China

BENJAMIN ONG  |  TUESDAY, 26 FEB 2019
... (Investopedia) As a consequence of the US discussions, the yuan appreciated versus the greenback - up from CNY6.7131 per US$1 last Friday to a seven-month high of CNY6.6738, before closing at CNY6.6903 - as investors purchased the Chinese currency to ...

Former adviser steals $5m from clients

JAMIE WILLIAMSON  |  MONDAY, 4 FEB 2019
... million in client funds. Former Adelaide financial adviser James Gibbs appeared before the Adelaide Magistrates Court last Friday charged with 28 dishonesty offences. He pleaded guilty to all of them. It is alleged that between 20 August 2009 and 30 ...