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Showing 611 - 620 of 3651 results for "interest rates"

Westpac to face court over insider trading

JAMIE WILLIAMSON  |  WEDNESDAY, 5 MAY 2021
... in one transaction with a notional value of $11.93 billion; "This effectively enabled the conversion of variable interest rates for the debt funding to a fixed rate, being the price of the swap transaction." "ASIC alleges that Westpac's trading occurred ...

Chief economist update: The Fed and Australia

BENJAMIN ONG  |  TUESDAY, 4 MAY 2021
... securities] while at the same time repeating his expectation that the US central bank will have to start raising interest rates as soon as next year. The strengthening momentum in the US economy backs up Kaplan's rationale. The thing is, if the US ...

Chief economist update: Not yet time to make a change

BENJAMIN ONG  |  FRIDAY, 30 APR 2021
... you've found, something going on." That "something" is the sharp improvement in economic activity underpinned by low interest rates, trillions of dollars of government support to households and businesses, falling coronavirus infections and the acceleration ...

BetaShares launches hybrids ETF

KANIKA SOOD  |  TUESDAY, 27 APR 2021
... follows Active Australian Hybrids Fund (managed fund) (ASX: HBRD), which recently crossed the $1 billion. "Record low interest rates present a significant challenge for investors seeking income. Our new ETF offers attractive income, but only holds hybrids ...

UBS adds fixed income portfolio manager

KANIKA SOOD  |  TUESDAY, 27 APR 2021
... in 2016 Euromoney Survey on EM sovereign research. "We are confident that Tom's knowledge of macroeconomics, interest rates and foreign exchange will significantly bolster the existing portfolio management team and will further strengthen our existing ...

Latitude IPOs despite spotted past

ELIZABETH MCARTHUR  |  WEDNESDAY, 21 APR 2021
... Latitude "a company that seems to specialise in driving people into the debt", due to Latitude's credit cards having interest rates as high as 24.99%. In 2019, Latitude was one of the companies named by ASIC in a review that found unacceptable sales ...

CBA to pay $7m for overcharged interest

ANNABELLE DICKSON  |  THURSDAY, 8 APR 2021
The Federal Court has imposed a $7 million penalty on Commonwealth Bank for charging higher interest rates on business overdraft accounts than what it advised its customers over a four-year period. Following an investigation by ASIC, CBA admitted to ...

ASIC cracks down on binary options

ELIZABETH MCARTHUR  |  THURSDAY, 1 APR 2021
... of a specified event in a defined timeframe. For example, a binary option might pay out if a central bank lowers interest rates or the price of goal hits a certain level within a certain timeframe. There is also counterparty risk in binary option trading ...

New hybrids ETF on Chi-X

KANIKA SOOD  |  WEDNESDAY, 31 MAR 2021
... Hybrid Fund (EHF1) invests in Australian hybrids and interest rate securities, targeting a return over short-term interest rates over a three-year period. "We believe the hybrid market offers opportunities for active investors as it is inherently inefficient. ...

Chief economist update: Too much of a good thing could be a bad thing

BENJAMIN ONG  |  WEDNESDAY, 31 MAR 2021
... Uncle Sam would be paying higher interest payments on its increased debt and it could also force the Fed to raise interest rates sooner than promised to prevent runaway inflation.