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Of war, rate hikes and balance sheets

BENJAMIN ONG  |  MONDAY, 10 APR 2017
Trump's actions against Syria show that he walks the talk, putting Chinese president Xi on notice that the US may yet make good on its threat to slap a 45% tariff on Chinese imports. America's missile assault on Syria, in retaliation for the chemical ...

Singapore fintech shutters Australian business

ALEX BURKE  |  FRIDAY, 7 APR 2017
... property assets. It has offices in Singapore, China, Malaysia, Indonesia and until recently, Australia. The decision to close CoAssets' crowdfunding and funds management businesses in Australia followed a review of the company's international operations ...

Too much ado about Fed reinvesting nothing

BENJAMIN ONG  |  THURSDAY, 6 APR 2017
"Do you really want to hurt me Do you really want to make me cry..." - Culture Club It began like just another ordinary day on Wall Street but last night it was one with an upward bias despite geo-political tremors - chemical attack in Syria and nuclear ...

Mobile education drives advice professionalism

JAMIE WILLIAMSON  |  WEDNESDAY, 5 APR 2017
Financial advisers looking to increase their level of education in the face of the professional standards legislation can now do so through a joint venture between knowITdigital and vocational education provider Monarch Institute. Users of knowITdigital's ...

Damned if they do, damned if they don't

BENJAMIN ONG  |  MONDAY, 3 APR 2017
... US$26.01/barrel recorded in January 2016. Similarly, the price of West Texas Intermediate (WTI) surged to US$53.75/barrel at the close of last year's trading - up 44.8% for the year and 105.2% from the US$26.19/barrel recorded in February 2016. However ...

ECB nips the bud of rate hike speculations

BENJAMIN ONG  |  FRIDAY, 31 MAR 2017
... US$1.0685 as members of the ECB's governing council went on damage control. According to Reuters, an unnamed official "in or close to the Governing Council" claims that the ECB's 9 March message had been "overinterpreted". "We wanted to communicate reduced ...

Perennial Value launches microcap strategy

EMMA RAPAPORT  |  THURSDAY, 30 MAR 2017
... Perth-based small cap resources analyst Sam Berridge will manage the resources component of the portfolio. The Trust will hard close when it reaches $150 million, with minimum investment in the Trust standing at $25,000. Perennial currently manages around ...

Associations not sold on PC draft report

EMMA RAPAPORT  |  THURSDAY, 30 MAR 2017
The Productivity Commission's draft report on alternative default models for the superannuation system has been met with mixed responses from the industry. The Commission recommended a number of changes to the current default fund system and took aim ...

Westpac minimises disruption with disruption

JAMIE WILLIAMSON  |  THURSDAY, 30 MAR 2017
... way, particularly when they socialise. With SMS and social messaging apps now an everyday part of our lives, it was time to close the gap between social media and mobile banking." The development comes off the back of research from Datafication showing ...

Two-year road to Brexit begins

BENJAMIN ONG  |  THURSDAY, 30 MAR 2017
... approach these talks constructively and strive to find an agreement. In the future, we hope to have the United Kingdom as a close partner." The EU president's statement also noted that he has convened the European Council on 29 April 2017. The market's ...