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Showing 51 - 60 of 227 results for "Sanction"

NZ Super Fund excludes Russian debt, state-owned holdings

JAMIE WILLIAMSON  |  THURSDAY, 3 MAR 2022
The NZ Super Fund and three other New Zealand institutional investors have excluded Russian sovereign debt and investments in majority state-owned enterprises and will look to divest any current holdings as soon as possible. NZ Super Fund, the Accident ...

MSCI downgrades Russia's ESG rating

JAMIE WILLIAMSON  |  WEDNESDAY, 2 MAR 2022
The global ratings and indices provider has downgraded its ESG Government Rating of Russia in response to its invasion of Ukraine. Russia's rating was downgraded from BBB to B with a negative outlook, and the rating for Belarus was also downgraded from ...

Australia confirms economic sanctions against Russia

ELIZABETH MCARTHUR  |  TUESDAY, 1 MAR 2022
The Australian government has confirmed its economic measures against Russia in response to its invasion of Ukraine. So far Australia has sanctioned more than 350 Russian individuals, including oligarchs, members of Russian parliament and military commanders. ...

EM investors brace for geopolitical impact

KARREN VERGARA  |  FRIDAY, 25 FEB 2022
Russia's shocking attack on the Ukraine has far-reaching implications for emerging markets investors. Franklin Templeton's emerging markets team said it is "monitoring developments very closely, with the twin goals of being risk-aware and prioritising ...

Global markets shaken by war

ELIZABETH MCARTHUR  |  FRIDAY, 25 FEB 2022
Global markets reacted to the news of Russia's invasion of Ukraine overnight, with analysts keeping a close watch on the conflict's impact on companies and economies. IG market analyst Kyle Rodda said he views the current situation as a growth and inflation ...

Chief economist: Is this a buy op?

BENJAMIN ONG  |  FRIDAY, 25 FEB 2022
'War in Ukraine wipes $73b from sharemarket': According to the Australian Financial Review that's how much Australia's sharemarket lost upon hearing the news that Russia has invaded Ukraine. Both the benchmark S&P/ASX200 index and the ...

Chief economist: Thank you, Putin

BENJAMIN ONG  |  THURSDAY, 24 FEB 2022
... US dollar rises as Russia/ Ukraine fears escalate" Reuters (23 February 2022) "Stocks Extend Losses as US Adds Russia Sanction... S&P 500 pushes deeper into correction territory; bonds slid" -Bloomberg (23 February 2022) Whatever printed or online financial ...

FSCP panel members named

CHLOE WALKER  |  TUESDAY, 15 FEB 2022
Thirty-one part-time members of the Financial Services and Credit Panel (FSCP) have been appointed by Treasury as the new disciplinary regime kicks off. The Financial Sector Reform (Hayne Royal Commission Response - Better Advice) Act 2021 established ...

Rainy day funds probed

ELIZABETH MCARTHUR  |  FRIDAY, 11 FEB 2022
MP Jason Falinski spent the most recent House Economics Committee hearing probing the implications of super funds creating "rainy day funds" to pay for possible fines and sanctions. At the beginning of the hearing, Falinski asked University of NSW professor ...

Hostplus hits members with new fee

ELIZABETH MCARTHUR  |  THURSDAY, 10 FEB 2022
Hostplus introduced a new trustee fee, after receiving Supreme Court approval to apply the fee to create emergency reserves. The amount will vary based on members' balances, but a Hostplus member with $50,000 in savings can expect to be charged an extra ...