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

Search Results

Showing 41 - 50 of 247 results for "USD"

Interest rates, liquidity top of mind for Future Fund

KARREN VERGARA  |  THURSDAY, 19 OCT 2023
... she said. Despite the strong US dollar, Gregory, however, is seeing many countries diversify their reserves away from the USD in a "logical fashion." "We think the cost of funding looks like it [will] get higher for a raft of factors over the next period ...

ASIC fines fintech for misrepresenting crypto product

CASSANDRA BALDINI  |  WEDNESDAY, 27 SEP 2023
... product, ASIC said customers deposited AUD into a Bobbob account. The AUD deposits were then exchanged for the crypto-asset USD Coin (USDC), which is said to be a "stablecoin" whose value is pegged to the USD. This USDC was transferred to Bobbob's lending ...

Global X launches US tech ETF

CHLOE WALKER  |  WEDNESDAY, 23 AUG 2023
... branded index in Australia. It brings the number of Global X ETFs on the ASX to 34. In April, Global X unveiled the Global X USD Corporate Bond ETF (Currency Hedged) (USIG) which aims to provide investors with access to the world's largest corporate ...

Global wealth to rise 38% by 2027: Report

CHLOE WALKER  |  THURSDAY, 17 AUG 2023
... wealth, overall wealth inequality also fell in 2022, with the wealth share of the global 1% falling to 44.5%. The number of USD millionaires worldwide fell by 3.5 million during 2022 to 59.4 million people, before considering 4.4 million "inflation millionaires" ...

Global X debuts US corporate bond ETF

ANDREW MCKEAN  |  WEDNESDAY, 5 APR 2023
Global X has launched a US investment grade corporate bond ETF, amid skyrocketing credit demand. The Global X USD Corporate Bond ETF (Currency Hedged) (USIG) aims to provide investors with access to the world's largest corporate bond in a cost-effective ...

Australian dividends surge in 2022: Report

CASSANDRA BALDINI  |  WEDNESDAY, 1 MAR 2023
... extent of economic disruption caused by COVID-19." Janus Henderson said it forecasts slower growth in 2023, with payments of USD$1.60 trillion, up 2.3% on a headline basis, equivalent to an underlying increase of 3.4%. "For the year ahead, there is more ...

Aussie equities withstand test of time: Report

CHLOE WALKER  |  MONDAY, 27 FEB 2023
... markets have 123 years of data to draw on. It found that since 1900, Australia has been the best performing stock market in real USD terms, with an annualised real return of 6.43%, followed by the US at 6.38%. In terms of size, the Australian equity ...

From strength to strength: GQG Partners

ANDREW MCKEAN  |  WEDNESDAY, 18 JAN 2023
... benchmarked against the MSCI ACWI ex Tobacco and the MSCI EM ex Tobacco index's which fell approximately 18% and 20% in USD terms in 2022. Meanwhile, GQG had an excess return of 12.7% over its benchmark for its Australian global managed fund between ...

SWFs shrink for first time ever: Report

CASSANDRA BALDINI  |  MONDAY, 16 JAN 2023
... to be of interest to sovereign investors. "But the revaluation or further devaluation of the world's currencies against the USD may affect the geographical allocation." One risk presenting challenges to global diversified portfolios, not as widely recognised ...

ASIC sues crypto fintech over unlicensed advice

JAMIE WILLIAMSON  |  THURSDAY, 24 NOV 2022
... digital currency exchange. It offered a range of fixed-yield earning products based on crypto-assets, with names including USD Earner, Gold Earner and Crypto Earner. In addition to providing unlicensed financial advice, ASIC also alleged Block Earner ...