Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 5341 - 5350 of 9317 results for "Red"

ASIC says AUD spike "not misconduct"

ALEX BURKE  |  MONDAY, 4 MAY 2015
ASIC has provided an update on its investigation into the suspicious spike in the Australian dollar that occurred seconds before the RBA announced it was keeping cash rates on hold at 2.25% on April 7, finding that so far it has been linked to automated ...

May cut, may not

BENJAMIN ONG  |  MONDAY, 4 MAY 2015
Getting hot, hot, hot. Betting on whether the Reserve Bank of Australia (RBA) would take down the official cash rate from a record low 2.25% to a lower 2.0% following its May Board meeting tomorrow heats up. Bloomberg's latest survey says... 24 out ...

Magellan ups cash weighting to 15%

LAURA MILLAN  |  FRIDAY, 1 MAY 2015
Magellan Asset Management has increased the cash weighting in its Global Equity Strategy from 10% to 15% in a bid to hedge the portfolio from an impending rise in US interest rates. Douglass argued that there is a "Great Disagreement" as to where the ...

ASIC delays super portfolio disclosure again

STAFF WRITER  |  FRIDAY, 1 MAY 2015
The start date for portfolio holdings disclosure reporting and choice product dashboard requirements has been delayed until 1 July 2016, the Australian Securities and Investments Commission (ASIC) said. The requirements were due to start on 1 July 2015 ...

Institutions and independents tackling risk reforms

ALEX BURKE  |  THURSDAY, 30 APR 2015
AMP has announced reductions in upfront commissions for licensed advisers on all life insurance policies, adopting a hybrid commission structure. At the same time, members of Australia's largest independent adviser network, Centrepoint Alliance, have ...

Market wrap

AAP  |  THURSDAY, 30 APR 2015
Weak US economic growth and reduced expectations of a local interest rate cut are weighing on the Australian share market. The major banks are feeling the most pain as the market backs away from previous bets that the Reserve Bank of Australia would ...

Modi under the spotlight

LAURA MILLAN  |  THURSDAY, 30 APR 2015
... rates' world," Saxo Asia macro strategist Kay Van-Petersen said. He added that the key is taking out 15 to 20% of "bureaucratic red tape, corruption and dams that have clogged the river that is India." "Such a move would unleash a huge flow of economic ...

Market Wrap AM

AAP  |  THURSDAY, 30 APR 2015
... per cent) to 2,106.85, while the tech-rich Nasdaq Composite Index fell 31.78 (0.63 per cent) to 5,023.64. Stocks were in the red all day after first quarter growth came in well below the 1.0 per cent projected by analysts due in part to extremely harsh ...

Standard Life funds added to MLC wrap

ALEX BURKE  |  WEDNESDAY, 29 APR 2015
Two Standard Life Investments funds have been added to MLC's platform. The Global Absolute Returns Strategies Australian Trust and Absolute Return Global Bond Strategies Australian Trust were established in 2006 and 2011 respectively. Both funds are ...

Market Wrap AM

AAP  |  WEDNESDAY, 29 APR 2015
... or 0.56 per cent, at 5,921.5. NEW YORK - US stocks have finished mostly higher but Apple's selloff left the Nasdaq in the red and NYSE-traded Twitter's unintentional early earnings release held back overall gains. The Dow Jones Industrial Average finished ...