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Showing 611 - 620 of 2671 results for "Purchase"

State Street warns of dot-com parallels

ALLY SELBY  |  WEDNESDAY, 22 JUL 2020
State Street Global Advisors has warned the current rally in equities markets parallels that of the dot-com boom, as price to earnings multiples continue to expand. Since the March 23 low, the ASX All Technology Index, which features the likes of buy-now-pay-later ...

Xinja dabbles in US stocks

ANNABELLE DICKSON  |  WEDNESDAY, 22 JUL 2020
... opportunities to Australians." Dabble will sit alongside Xinja's savings account Stash and customers will be able to purchase shares using the funds in their account as well as monitoring their investments, ETF and share prices in Australian dollars ...

Chief economist update: The next generation

BENJAMIN ONG  |  WEDNESDAY, 22 JUL 2020
... fund was huge, but not "historic" as some headlines put it. The European Central Bank's (ECB) pandemic emergency purchase programme (PEPP) - currently at €1,350 billion - is almost double that. It's not the size that matters... What is historic ...

Saxo Markets adds options to platform

ALLY SELBY  |  FRIDAY, 17 JUL 2020
... added exchange traded options to its platform, giving clients the ability to gain exposure to the ASX without having to purchase shares directly. Options allow investors to hedge against possible falls in value ahead of expiry in order to take a profit ...

Chief economist update: BOJ takes breather on stimulus sprint

BENJAMIN ONG  |  THURSDAY, 16 JUL 2020
... from ¥6 trillion; introduced a new operation providing loans against corporate debt; and, raised the upper limit to purchase CP and corporate bonds by ¥2 trillion in total to ¥3.2 trillion and ¥4.2 trillion, respectively. At its April meeting, the ...

AMP advisers low priority for ASIC

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 JUL 2020
Senator Deborah O'Neil has revealed she was told by ASIC that AMP's Buyer of Last Resort (BOLR) agreements being altered and subsequently slashing the value of advice businesses was not a priority for the regulator. In a letter to the chair of the Parliamentary ...

Capital raising relief measures extended

ALLY SELBY  |  FRIDAY, 10 JUL 2020
... 25%, conditional on entities making a pro-rata entitlement offer or a follow-on offer to retail investors under a share purchase plan at a discount to the placement price. The extension would allow listed entities impacted by the COVID-19 pandemic further ...

Chief economist update: UK plans for jobs

BENJAMIN ONG  |  THURSDAY, 9 JUL 2020
The United Kingdom has followed the script dictated by the coronavirus pandemic in much of the world. On March 23, the government imposed strict lockdown measures, giving "bobbies" power to fine people leaving their homes for "non-essential" reasons. ...

Powerwrap to merge with Praemium

KANIKA SOOD  |  THURSDAY, 9 JUL 2020
... The bid has been unanimously supported by the board of directors at Powerwrap. Praemium will split the $55.6 million purchase price as 7.5 cents per share in cash and one Praemium share for every two Powerwrap shares. "The merger is an exciting opportunity ...

Sequoia acquires advice firm

ALLY SELBY  |  WEDNESDAY, 8 JUL 2020
Sequoia Financial Group has entered into a purchase of assets agreement with financial advice firm Total Cover Australia, through the company's subsidiary InterPrac Securities. It is the fourth acquisition of a retiring InterPrac adviser's portfolio ...