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| | | Abu Dhabi is consolidating two of its sovereign wealth funds, with L'IMAD Holding Company to take over the assets and investments of the $378 billion Abu Dhabi Developmental Holding Group (ADQ). Abu Dhabi said it is creating "a sovereign investment ... |
| | | | US President Donald Trump has announced his nomination of Kevin Warsh to serve as the next chair of the US Federal Reserve (Fed), as current chair Jerome Powell's term is set to come to an end in May. The nomination comes at a time of contention between ... |
| | | | Swedish private equity group EQT has promoted three of its Australian staffers, elevating a partner in its capital raising team and two managing directors within its private capital and infrastructure teams. First, Martin Donnelly joined EQT's client ... |
| | | | Australian Retirement Trust has appointed a 22-year Deutsche Bank veteran to lead its London office, strengthening the superannuation giant's presence in one of its key offshore investment hubs. Michael Weaver, ART's general manager of mid-risk ... |
| | | | The chief executive of Totality Wealth, formerly known as Saxo Australia, has abruptly left the trading platform with a replacement announced. Adam Smith led Totality Wealth since March 2019 when it operated as Saxo Australia. He kept the top job last ... |
| | | | The US Federal Reserve (Fed) left the interest rate on hold at 3.5% - 3.75% overnight, as was widely expected. The rate hold comes in the wake of the US Department of Justice serving the Fed with grand jury subpoenas, threatening a criminal indictment ... |
| | | | The Consumer Price Index (CPI) rose 3.8% in the 12 months to December 2025, according to the Australian Bureau of Statistics (ABS). "The 3.8% annual CPI inflation to December was up from 3.4% to November," ABS head of prices statistics Michelle Marquardt ... |
| | | | The Financial Advice Association Australia (FAAA) is concerned the proposal to ban life insurers' use of genetic testing results will have an adverse impact on the cost of life insurance and premiums for all Australians. In a submission, the association ... |
| | | | The brother of Australian breakdancing Olympian 'Raygun' has pleaded guilty for his role in a large global scam. Former finance director Brendan Gunn pleaded guilty to dealing with more than $180,000 when it was "reasonable to suspect those funds were ... |
| | | | MLC Expand has appointed Irene Worrell as general manager of product management to drive strategy, governance and innovation across its platform. The $100 billion super and retirement platform said Worrell will be responsible for shaping and executing ... |
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