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Showing 411 - 420 of 2145 results for "Currency"

Franklin Templeton names institutional business director

KARREN VERGARA  |  MONDAY, 24 JUN 2019
... additional board duties as director and responsible manager. Prior to that, he was an associate director of fixed income, currency and commodities at Westpac for six years. "With Matthew's vast experience across distribution and investments, we are well ...

Facebook to launch own currency

HARRISON WORLEY  |  WEDNESDAY, 19 JUN 2019
The social media giant revealed plans for its first financial services product, a digital wallet and its own cryptocurrency. Facebook is set to launch its own digital wallet in 2020, to allow people to access and participate in the Libra network, Facebook's ...

Chief economist update: Another RBA rate cut should be enough

BENJAMIN ONG  |  MONDAY, 17 JUN 2019
... US$0.6879 - down 2.3% this year to date its lowest level in three years - at the end of last week's trading. The local currency is down 1.8% (year-to-date) on the trade weighted exchange as it depreciated versus the world's major currencies ...

Frontier expands business, hires five

KARREN VERGARA  |  THURSDAY, 13 JUN 2019
... recently an options management analyst at AustralianSuper. Iain McMahon joins as a consultant in Frontier's debt and currency team. He previously worked at J.P. Morgan's London office where he has spent the last four years providing quantitative ...

Chief economist update: The rate cut Australia has to have

BENJAMIN ONG  |  TUESDAY, 4 JUN 2019
... slowdown." The Australian dollar's depreciation shielded this 'lucky country' from the downdrafts of the Asian currency crisis and the collapse of Long-Term Capital Management and Russian default in 1997/98; the US recession and the terrorists' ...

Chief economist update: ECB exit proves premature

BENJAMIN ONG  |  FRIDAY, 31 MAY 2019
... on billions of euros worth of European goods over a dispute about Airbus subsidies" - would only exacerbate the single currency region's weakening growth fundamentals. Perhaps, worse. The ECB's Financial Stability Review (FSR) report released ...

Chief economist update: The power of one

BENJAMIN ONG  |  TUESDAY, 28 MAY 2019
... long way towards shielding Australia against the downdraft of slowing global growth... just as it did during the Asian currency crisis and LTCM (long term capital management) collapse in 1997/98, the US recession in 2001 and the Global Financial Crisis ...

Major instos hit with cartel class action

ELIZABETH MCARTHUR  |  MONDAY, 27 MAY 2019
... banks. Such cartel behaviour cheats Australian businesses in circumstances where they may already have been vulnerable to currency fluctuations," Nishimura said. "These cases are hard and complex to bring but that doesn't mean that wrongdoing on a mass ...

Chief economist update: Currency manipulators beware

BENJAMIN ONG  |  MONDAY, 27 MAY 2019
... pall engendered by lingering trade tensions, US President Trump is about to raise the stakes and expand the scope to currency manipulators. This I learned from The New York Times (NYT) on May 23, headed, 'Trump Administration to Expand Penalties ...

Chief economist update: Like Britney Spears, Financial Standard's done it again

BENJAMIN ONG  |  THURSDAY, 23 MAY 2019
... highs. The Australian dollar's depreciation shielded this 'Lucky Country' from the downdrafts of the Asian currency crisis and the collapse of Long-Term Capital Management (LTCM) and Russian default in 1997/98; the US recession and the terrorists ...