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| | | SpaceX has raised US$75 billion ($106.8bn) in the biggest-ever stock market debut, valuing Elon Musk's rocket and satellite company at US$1.77 trillion. It floated 555 million shares at a price of US$135 per share. "The valuation being ascribed ... |
| | | | Global X has now launched the space tech ETF (ASX: MOON), which was flagged by Financial Standard in April. MOON is the second ETF launched of three announced by the ETF issuer, with the Global X S&P World Natural Resources ETF expected to hit the market ... |
| | | | T. Rowe Price has appointed a head of intermediary for Australia, following a three-month absence in the role after Jonathon Ross' departure in March. Heath Branigan has assumed the role at the beginning of the month, now reporting to head of Asia ... |
| | | | M&G Investments, a global asset manager with £371.4 billion ($768.8bn) in assets under management, has appointed Cameron Sinclair as head of institutional distribution in Australia. Sinclair will be tasked with strengthening M&G's relationships across ... |
| | | | ... across six local funds. ART said the investments will help develop housing supply, new offices and jobs-generating industrial land, and support community and economic growth. The investments include a 19.9% interest in Westfield Sydney with QIC; a 48.5% ... |
| | | | On March 24, merely weeks into the US-Israel war on Iran, the Philippines became the first domino to fall when President Ferdinand Marcos Jr. declared a national energy emergency. The closure of the Strait of Hormuz, a critical maritime chokepoint ... |
| | | | An industry expert said financial advisers are increasingly moving towards a self-licensed model to gain better control of their business, while avoiding the risks of operating under large dealer groups. My Dealer Services (MDS) managing director Alex ... |
| | | | Investors must integrate geopolitical risks into their decision making and anticipate assets being repriced at a blistering rate, as a means to help "shockproof" portfolios, according to an investments chief. As uncertainty around geopolitical risks ... |
| | | | ... recognising First Nations rights. "It would be great to reach a point where our contribution to the products that come off our land is recognised in value, where customers across the world would value knowing their minerals or energy came from Australia ... |
| | | | Cyber threats have increased significantly over the past year, and experts are advising financial services businesses to enhance their security framework, not only to shield their digital infrastructure but to also to ensure their governance policies ... |
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