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Showing 211 - 220 of 2148 results for "Currency"

ACCC on financial services priorities

CASSANDRA BALDINI  |  WEDNESDAY, 1 JUN 2022
... markets and good consumer outcomes." Market inquiries are an important tool for the ACCC and its 2019 inquiry into foreign currency conversion services provided a good example of how this works in practice, she added. "FX services are significant to ...

Brookfield pursues asset management spin-off

JAMIE WILLIAMSON  |  FRIDAY, 13 MAY 2022
... effort by taking our proprietary assets into account at a severe discount)," Brookfield said. "Having a new security or "currency" that is well understood and appreciated by the public markets will maximise optionality for us as we continue to scale ...

ANZ stablecoin amplifies changing operating models

ANDREW MCKEAN  |  WEDNESDAY, 4 MAY 2022
ANZ has seized the opportunities afforded to it by global digital currency adoption and created the first Australian-bank-issued stablecoin with positive results. Having only recently minted its first stablecoin, ANZ has already found several key elements ...

Australia's first-ever Bitcoin ETF to launch next week

ANDREW MCKEAN  |  WEDNESDAY, 20 APR 2022
... partnership with Purpose Investments. The joint venture aimed to allow the business to deliver new and innovative digital currency products to market. At the time Cosmos chief executive Dan Annan said: "Combined with our deep experience in the ETF and ...

BlackRock backs stablecoin issuer

CHLOE WALKER  |  WEDNESDAY, 13 APR 2022
... partnership with Circle, which includes exploring capital market applications for USDC. As demand for dollar digital currency and related financial services continues to scale globally, the new funding will support Circle's continued strategic growth ...

Iress halts divestment of UK mortgage business

ANDREW MCKEAN  |  TUESDAY, 12 APR 2022
... (NPAT) is expected to grow 25-37% and 2022 underlying earnings per share in the range of 40cps to 44cps on a constant currency basis. With the inclusion of mortgages, NPAT base targets for 2025 have been upgraded from $120 million to $135 million. It ...

Cryptocurrency lender Helio charged for false credit licence claims

ANDREW MCKEAN  |  FRIDAY, 8 APR 2022
... credit licence (ACL) when it did not. Helio Lending offered cryptocurrency-backed loans to consumers, using the digital currency as security over the loan. ASIC alleged that around 20 February 2019, Helio falsely represented on its website that it held ...

FSC offers guidance on divesting Russia

ELIZABETH MCARTHUR  |  TUESDAY, 5 APR 2022
... investment process can achieve divestment. Russian assets include public market assets such as listed equities, hard currency and local currency Russian sovereign debt, and fixed income securities issued by Russian corporations. They also include private ...

VanEck anticipates AUD surge

CHLOE WALKER  |  FRIDAY, 25 MAR 2022
... which could continue to climb. Yesterday the Aussie dollar hit 75 US cents, he said. It is anticipated that the local currency will hit 80 US cents within the next six months. "That could be good news for local companies and consumers battling rising ...

Hume, Bragg address Blockchain Week

ELIZABETH MCARTHUR  |  TUESDAY, 22 MAR 2022
... quadrupled to US$64 billion just two days later. "It is possible Russian entities are using cryptocurrency to exchange currency. We can't have a situation where a product which is used by millions of people can become a back door for sanctions." Bragg ...