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Showing 491 - 500 of 2160 results for "Currency"

LIC invests in crypto platform

KARREN VERGARA  |  WEDNESDAY, 19 SEP 2018
... invested US$285,000 in FutureICO, an initial coin offering platform that helps companies to issue tokens and digital currency. As part of the investment, FGF will use the platform to list its investments for distribution and provide liquidity for its ...

Boutique appoints distribution lead

KANIKA SOOD  |  WEDNESDAY, 12 SEP 2018
... global equities and multi-manager portfolios. It works in partnership with Mesirow Financial to deliver passive and active currency solutions and US multi-family real estate opportunities to Australian investors. Devlin started in the role on Monday. ...

Chief economist update: Confidence down, conditions up

BENJAMIN ONG  |  WEDNESDAY, 12 SEP 2018
... factors keeping domestic businesses from having a good sleep at night - Trump's trade protectionism, an emerging market currency rout, moderating global growth and commodity prices. This could be a reflection of that other famous quote from Julius ...

Custodians oversee heightened domestic equity trades

DARREN SNYDER  |  FRIDAY, 31 AUG 2018
... opportunity, but also the added complexity of multiple legal jurisdictions and tax regimes, the need for support with multi-currency trading, valuation across currencies and implementation of hedging strategies," ACSA said. ACSA chief executive Robert ...

Scott Morrison becomes Prime Minister, markets react

KANIKA SOOD  |  FRIDAY, 24 AUG 2018
... leadership spills in 2010, 2013 and 2015, Australian markets' reactions have varied widely. In 2010, both equities and currency recovered within a few months. However, in 2015, equities trended down over six months while currency ended the year h ...

IRESS first half revenues up 8pct, wealth and lending lead

KANIKA SOOD  |  THURSDAY, 23 AUG 2018
... NPAT was up 8% over 1H17 to $32 million. The company has maintained its segment profit growth of 3-7% on a constant 2017 currency basis. Group segment profit for the first half was $67.5 which is up 3% from 2H17. IRESS chief executive Andrew Walsh said ...

Chief economist update: A new currency is born

BENJAMIN ONG  |  TUESDAY, 21 AUG 2018
... contributed to the economy's 13.2% contraction in 2017 that followed the previous year's 16.5% drop in GDP. A new currency is born. On the 17th of August, President Maduro announced that the ironically named "strong bolivar" would be devalued ...

Chief economist update: Emerging markets feel the heat as Turkey burns

BENJAMIN ONG  |  TUESDAY, 14 AUG 2018
... can only count its blessings that Turkey is not Greece. It has applied, but Turkey is not (yet) a member of the single-currency area. Still, the ECB has every right to be concerned because of some of its member nations' exposure to Turkey. The Financial ...

Chief economist update: Turkey's roasted

BENJAMIN ONG  |  MONDAY, 13 AUG 2018
... followed a 75 bps hike on April 26. The "emergency" move was aimed to halt the depreciation of the Turkish lira. The currency has dropped by 22.2% to what was then a record low 4.87 lira/US$1 from the start of 2018 on the back of President Recep Tayyip ...

Chief economist update: Betting on down rather than up?

BENJAMIN ONG  |  FRIDAY, 10 AUG 2018
... years and 7.1% lower compared to the US$0.7112 it fetched at the start of 2018. The $NZ's drop suggests that the currency markets are betting that the next move in the OCR could be down rather than up. This is because as printed in the August Monetary ...