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Showing 661 - 670 of 4334 results for "FIG"

Investment scams pry $126m from Aussie hands

ALLY SELBY  |  MONDAY, 22 JUN 2020
Australians lost $126 million to investment scams in 2019, with many fraudsters using 'celebrity' endorsements to rort investors. According to the latest figures coming out of the ACCC's Targeting Scams report, Australians were defrauded ...

Unemployment hits 21-year high

ELIZA BAVIN  |  FRIDAY, 19 JUN 2020
Figures released by the Australian Bureau of Statistics (ABS) show unemployment has risen to its highest in 21 years due to the effects of the COVID-19 lockdown measures. Employment decreased by 227,700 people, down 1.8%, between April and May this ...

S&P warns of record fallen angels

ELIZA BAVIN  |  FRIDAY, 19 JUN 2020
S&P Global has warned of a record number of junk bonds in June as issuance in the US high yield bond market tracks at its busiest pace. The global ratings agency said there is an expected US$23.88 billion priced through June 12, following on from May's ...

EM winners, losers emerge in COVID-19 struggle

ALLY SELBY  |  FRIDAY, 19 JUN 2020
The pandemic has created compelling investment opportunities in emerging markets, while the bigger players face increasing scrutiny over their bungled responses and dismal transparency. That's according to Michael Cirami, co-director of global income ...

Sargon buyers announce execs, ditch Sargon name

KANIKA SOOD  |  THURSDAY, 18 JUN 2020
The buyers of Sargon's operating businesses have announced its new executive and board lineup and will rebrand it to Certes Corporation, leaving behind the Sargon brand. Former PEXA chief Marcus Price will move into the role of group chief executive ...

Chief economist update: Australian Renaissance

BENJAMIN ONG  |  MONDAY, 15 JUN 2020
"Renaissance is a French word meaning "rebirth." It refers to a period in European civilisation that was marked by a revival of Classical learning and wisdom. The Renaissance saw many contributions to different fields, including new scientific laws ...

Major OneVue shareholder says IRESS bid too low

KANIKA SOOD  |  FRIDAY, 12 JUN 2020
Billionaire investor and OneVue shareholder Alex Waislitz says IRESS's offer to acquire OVH for 40 cents a share is a far cry from the company's actual value. Waislitz's Thorney Opportunities and related companies started buying stock in ...

Chief economist update: Don't fight the Fed

BENJAMIN ONG  |  THURSDAY, 11 JUN 2020
Steady all the way... to 2022. As expected, the US Federal Reserve left the fed funds rate target at 0-0.25% at the conclusion of its 9-10 June FOMC meeting, repeated their commitment "to using its full range of tools to support the U.S. economy... ...

ASIC mainly concerned with media releases: Lawyer

ELIZABETH MCARTHUR  |  TUESDAY, 9 JUN 2020
Hamilton Blackstone Lawyers managing director Cristean Yazbeck has argued that ASIC is mainly concerned with its own reputation and the media releases it can put out in relation to action on financial advisers. Yazbeck said in a paper that after ASIC ...

Hundreds of billions ripped from super

HARRISON WORLEY  |  FRIDAY, 5 JUN 2020
For a moment, Australia's superannuation system was beyond the magic $3 trillion mark. But, COVID-19 momentarily set the sector back, according to new data. Latest Australian Bureau of Statistics data shows the super sector was smashed to the tune of ...