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Showing 441 - 450 of 7807 results for "Trade"

Australia sees jump in zombie companies

ELIZA BAVIN  |  THURSDAY, 8 AUG 2024
A new study from global consulting firm Kearney revealed the number of zombie companies in Australia increased 13.6% in the past year. Zombie companies - those which don't produce enough profits to cover debt obligations - now account for 5.8% of ...

Markets melt down over 'premature' recession fears

ELIZA BAVIN  |  TUESDAY, 6 AUG 2024
The ASX had its worst day since March 2020 yesterday, wiping $102 billion as investors got the jitters over a potential US recession. Mediocre jobs data released in the US sparked recession fears with investors also concerned the Federal Reserve is ...

Institutional investors embracing crypto: GDF

MATTHEW WAI  |  FRIDAY, 2 AUG 2024
Global Digital Finance (GDF) suggests that digital assets are becoming quite popular with institutional investors. Conducting a global survey of 100 executives, GDF found almost all participants (93%) have handled Bitcoin in some shape or form. Meanwhile ...

Court rejects former fund manager's appeal

KARREN VERGARA  |  WEDNESDAY, 31 JUL 2024
A former fund manager who went to jail for misappropriating client funds had an appeal quashed. The Queensland Court of Appeal has dismissed an application by Roger Munro against his conviction on three counts of fraud. Munro was sentenced to four and ...

Cbus unleashes raft of fee changes

ELIZA BAVIN  |  TUESDAY, 30 JUL 2024
Cbus has dropped its administration fee from $1.50 per week to $1 per week from September 28, saving members $26 per year. The total administration fees are made up of a weekly and percentage fee, so while the weekly fee has changed the percentage fee ...

NGS Super refreshes investment team, promotes three

KARREN VERGARA  |  FRIDAY, 26 JUL 2024
NGS Super has revamped its investment team, creating a new deputy chief investment officer role and promoting two staffers within its ESG and responsible investment unit. Michael Mi was promoted to the newly created role of deputy chief investment officer. ...

Lanyon to launch ETMF on ASX

ELIZA BAVIN  |  FRIDAY, 26 JUL 2024
Lanyon has announced the Lanyon Investment Fund will commence trading as an exchange-traded managed fund (ETMF) on the ASX on August 1. Lanyon said the listing is a significant milestone for the fund, with the decision to pursue the ASX quotation following ...

ASIC to launch new criminal investigation team

ELIZA BAVIN  |  WEDNESDAY, 24 JUL 2024
... dump schemes, and reviewing finfluencer activity. To protect market integrity, ASIC said it uses a combination of real-time trade surveillance data, analytical tools, and human expertise to seek out and identify potential misconduct. In the 2024 financial ...

Investors brace for turbulence as Biden backs out

ELIZA BAVIN  |  TUESDAY, 23 JUL 2024
... edge. "With Biden stepping down, the primary question looming over investors is whether to continue betting on the 'Trump Trade'," Green said. The term Trump Trade refers to the market behaviours and trends that emerged during Trump's presidency, driven ...

ASIC bans 'incompetent' financial services directors

ANDREW MCKEAN  |  FRIDAY, 19 JUL 2024
... banned two former directors and responsible managers of XTrade, a trading platform that offers clients opportunities to trade in contracts for difference (CFDs) and foreign exchange contracts. The directors, Shay Zakhaim and Anthony Anderson, have been ...