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Showing 51 - 60 of 370 results for "US Government"

Crypto exchange owners charged

KARREN VERGARA  |  THURSDAY, 8 OCT 2020
... Global Services (Bermuda) Limited. In response to the charges, BitMEX responded: "We strongly disagree with the US government's heavy-handed decision to bring these charges, and intend to defend the allegations vigorously. From our early days as a start-up ...

CalPERS scrutinises CIO personal investments

KARREN VERGARA  |  THURSDAY, 17 SEP 2020
... in August as chief investment officer amid allegations that he invested in companies that are blacklisted by the US government. CalPERS chief executive Marcie Frost defended Meng at the time, saying the fund invested in line with the Federal Office of ...

CalPERS chief investment officer resigns

JAMIE WILLIAMSON  |  FRIDAY, 7 AUG 2020
... congressman called for Meng to be fired, saying the fund was investing in Chinese companies that are blacklisted by the US government. In a statement provided to Financial Standard at the time, CalPERS chief executive Marcie Frost defended Meng, and ...

Sovereign investors keen on gold, infrastructure

KANIKA SOOD  |  TUESDAY, 21 JUL 2020
... real estate. "Traditionally fixed income is seen as a defensive anchor and this was tested by the crisis with even US government debt caught up in a broad sell off as investors rushed into cash. However government interventions including rate cuts and ...

Future Fund not buying the oil dip

KANIKA SOOD  |  THURSDAY, 30 APR 2020
... the dip. Last Monday, immediate contracts for WTI crude fell into the negative territory. The drop prompted the US government to stockpile 75 million barrels. The Australian government followed later in the week, announcing a $94 million purchase of ...

Chief economist update: Stimulus measures ease extreme fear

BENJAMIN ONG  |  WEDNESDAY, 22 APR 2020
Tanking oil prices are the latest go-to excuse for the renewed downturn on Wall Street. But more than this, it's added to the challenges facing America's economy and its corporate sector. The US labour market has already deteriorated markedly ...

Financial services exec embroiled in bribery scheme

ALLY SELBY  |  THURSDAY, 16 APR 2020
A former financial services executive in the US has been charged with orchestrating a bribery scheme that saw him funnel at least $4 million to the Ghanaian government to gain their approval to build and operate an electrical power plant. The Securities ...

No time to look back

ELIZA BAVIN  |  FRIDAY, 27 MAR 2020
... is where the similarities end between the coronavirus and the GFC, he said. "The GFC was ultimately caused by the US government refusing to bail-out the Lehman Brothers. After they did that it became apparent how much of a stake it had in all the banks ...

Super funds raise scam concerns

HARRISON WORLEY  |  THURSDAY, 26 MAR 2020
Fraudsters have wasted no time in using the government's new early release of super initiative as an opportunity to swipe the retirement savings of unsuspecting Australians. Intrust Super has warned its members of the risk they will be targeted ...

NZ blacklists fossil fuels from super

ALLY SELBY  |  MONDAY, 2 MAR 2020
The New Zealand government has hardened its stance on climate change, barring fossil fuel producers from default accounts in its voluntary super system. Approximately 690,000 New Zealanders in default KiwiSaver accounts will no longer have exposure ...