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Showing 691 - 700 of 4600 results for "RAISE"

QIC braces against recession risks

ELIZABETH FRY  |  FRIDAY, 12 AUG 2022
... how will the Fed respond to that? "Given the Fed's commentary on inflation, there is a risk that it could continue to raise aggressively - and above that which is priced into the markets to get inflation under control. "In doing so, it could throw ...

ASIC research guides retail investment regulations

ANDREW MCKEAN  |  THURSDAY, 11 AUG 2022
ASIC has released a retail investor research report which captures motivations, attitudes and behaviours, helping the regulator determine where its efforts should be concentrated. The report offers a point-in-time snapshot of investor behaviour during ...

Business confidence, conditions rally: NAB

ANDREW MCKEAN  |  WEDNESDAY, 10 AUG 2022
National Australia Bank's (NAB) latest business survey reported business confidence has risen above average levels and conditions have strengthened. Business confidence bucked a trend of steady monthly declines, rising seven index points. NAB called ...

Macquarie Asset Management buys Veolia waste business

CHLOE WALKER  |  TUESDAY, 9 AUG 2022
French utility company Veolia has agreed to sell its Suez's UK waste business to Macquarie Asset Management (MAM) for $3.5 billion. MAM will acquire 100% of the share capital of Suez Recycling and Recovery UK Group. Veolia has been selling off parts ...

NAB falls after cost growth revision

ANDREW MCKEAN  |  TUESDAY, 9 AUG 2022
National Australia Bank (NAB) shares have fallen this morning after revising cost growth guidance again. In the first half hour of trading, NAB shares dropped 4.2%. At time of publishing, they were down 3.61%. The bank said its expenses increased 1% ...

NGS Super divests oil, gas producers

RACHEL ALEMBAKIS  |  FRIDAY, 5 AUG 2022
... higher returns for us as a shareholder." Squires says the divestment will not introduce significant enough tracking error to raise concerns with meeting the performance test under Your Future, Your Super (YFYS). "We worked through the rationale around ...

Sovereign wealth fund awards $700m mandate

JAMIE WILLIAMSON  |  MONDAY, 1 AUG 2022
The Abu Dhabi Investment Authority has handed a $700 million mandate to a listed real estate investment manager. The mandate has been awarded to Qualitas by a wholly owned subsidiary of the fund and it's to invest in local commercial real estate ...

Regal Funds Management backs technology company

CHLOE WALKER  |  MONDAY, 1 AUG 2022
Already an existing shareholder, Regal Funds Management has entered into an equity facility agreement with Australian technology company Netlinkz, investing $20.5 million. Netlinkz is the creator of the Virtual Secure Network (VSN) which provides a ...

UK regulator confirms Consumer Duty

JAMIE WILLIAMSON  |  THURSDAY, 28 JUL 2022
The Financial Conduct Authority has outlined how a new Consumer Duty will improve customer service across the UK's financial services sector, including ending "rip-off" fees and putting consumers' needs first. The Duty comprises an overarching principle ...

ASIC issues first DDO stop orders

JAMIE WILLIAMSON  |  THURSDAY, 28 JUL 2022
... disclosure documents or financial product advice in relation to shares to retail investors. The two companies sought to raise $100 million through ordinary shares of the wholesale UGC Alpha Global Fund. In May they lodged prospectuses with ASIC which ...