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

Search Results

Showing 11 - 20 of 99 results for "Indonesia 32 %"

Raiz cuts costs, super increases

ALLY SELBY  |  TUESDAY, 28 APR 2020
With market volatility impacting the investment platform's funds under management, Raiz has taken "decisive steps" to cut $1.2 million in costs. It comes as the platform reveals its superannuation product grew by 75.2% to $66.25 million compared ...

Chief economist update: Who's afraid of COVID-19?

BENJAMIN ONG  |  TUESDAY, 25 FEB 2020
... afforded by the current scare. More so, given that central banks around the world have already - Thailand, Philippines and Indonesia - or are prepared (markets expect the Fed cut interest rates by at least once this year) and governments stand ready ...

US reaches $1bn settlement over 1MDB scam

ELIZABETH MCARTHUR  |  WEDNESDAY, 6 NOV 2019
The US Department of Justice has reached a settlement in its case against assets acquired by Low Taek Jho, also known as Jho Low, and his family. Jho Low allegedly misappropriated funds from Malaysia's sovereign wealth fund, 1Malaysia Development Berhad ...

Chief economist update: S&P raises Duterte ratings

BENJAMIN ONG  |  WEDNESDAY, 1 MAY 2019
Money talks, prayers walk. This appears to be the overriding theme in the upcoming May 13 mid-term elections in the Philippines where "foul-mouthed and murderous" president Rodrigo Duterte's preferred senatorial and congressional candidates lead ...

In a nutshell: Federal Budget 2019

JAMIE WILLIAMSON  |  TUESDAY, 2 APR 2019
Delivering the 2019-20 Federal Budget tonight, Federal Treasurer Josh Frydenberg said the Government has made real progress but there is still work to be done. Off the bat, Frydenberg announced an expected surplus of $7.1 billion - the first surplus ...

Raiz expands offshore

KARREN VERGARA  |  TUESDAY, 18 DEC 2018
Raiz Invest received the green light to distribute products across south-east Asia. The ASX-listed firm announced it secured a licence to distribute mutual funds via subsidiary PT Raiz Invest Indonesia. Managing director George Lucas said Raiz has progressed ...

Acorns mulls ASX listing

JAMIE WILLIAMSON  |  THURSDAY, 5 APR 2018
Acorns Investment Company is considering listing on the ASX. Soon to be the head company of the Acorns Australia/Instreet Investment Limited group, Acorns Investment Company is contemplating a public offer of fully paid ordinary shares and listing on ...

Gesundheit

BENJAMIN ONG  |  TUESDAY, 13 FEB 2018
... performance figures show the Sensex-30 index surged by 27.9% - outperforming the equity market returns in China (6.6%), Indonesia (20.0%), Malaysia (9.5%), Indonesia (13.7%) and Italy (13.6%). It therefore came as no surprise when the Reserve Bank of ...

KPMG names insurance and wealth lead

KARREN VERGARA  |  TUESDAY, 23 JAN 2018
KPMG Australia appointed a former AXA executive to lead its specialist insurance and wealth management division. Sydney-based Tim Thomas is the lead partner of the insurance and wealth strategy advisory practice, which sits within KPMG's global strategy ...

Principal and CIMB strengthen asset management ties

DARREN SNYDER  |  MONDAY, 15 JAN 2018
US wealth manager Principal will increase its ownership in two Malaysian asset management groups as part of its strategy to bring more investment products to Southeast Asia. Pending regulatory approval, Principal will pay up to $150 million to own 60% ...