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Showing 61 - 70 of 2032 results for currency

Perpetual reports $1.2bn loss amid merger

CASSANDRA BALDINI  |  FRIDAY, 20 JAN 2023
... from the prior period. It attributed the increase to positive market movements which were partially offset by negative currency movements and outflows. In an announcement to the ASX, Perpetual confirmed the approved "transformational acquisition of Pendal ...

Strengths and weaknesses in DC systems: Comparison

ANDREW MCKEAN  |  FRIDAY, 13 JAN 2023
... principal John Mitchem noted that the US system is fragmented across social security, the treasury, comptroller of the currency, the consumer financial protection bureau and the department of Labor which oversees ERISA-regulated retirement finance. In ...

World Bank warns of a sharp global growth decline

ANDREW MCKEAN  |  WEDNESDAY, 11 JAN 2023
... decelerate from 3.8% in 2022 to 2.7% in 2023. This reflects significantly weaker external demand compounded by high inflation, currency depreciation, tighter financing conditions and other domestic headwinds, the World Bank said. World Bank Prospects ...

Hostplus defies inflation fears

ELIZABETH FRY  |  MONDAY, 28 NOV 2022
... Nevertheless, Sicilia says there are times when falling in line with peers is smart. All funds have an aversion to large currency swings. The currency markets are hazardous because volatility is notoriously hard to predict. "And you could be killed because ...

ASIC sues crypto fintech over unlicensed advice

JAMIE WILLIAMSON  |  THURSDAY, 24 NOV 2022
... in Federal Court against Block Earner, an authorised representative of Flash Partners and AUSTRAC-registered digital currency exchange. It offered a range of fixed-yield earning products based on crypto-assets, with names including USD Earner, Gold Earner ...

Colonial First State debuts 'major wealth platform innovation'

ANDREW MCKEAN  |  WEDNESDAY, 23 NOV 2022
... Q1 2023, enhancements will expand the breadth of CFS investment offerings to include international equities, foreign currency, margin lending and unique wholesale options. In developing the platform, CFS said it consulted with a wide range of advisers ...

ASIC suspends FTX Australia's licence

ANDREW MCKEAN  |  WEDNESDAY, 16 NOV 2022
... been appointed as voluntary administrators of FTX Australia and its subsidiary FTX Express, which operates a digital currency exchange that's not regulated by ASIC. In the United States, FTX Trading, West Real Shires Services (trading as FTX US) ...

Forget BRICs: Skerryvore

CHLOE WALKER  |  WEDNESDAY, 9 NOV 2022
... example, he said. "The UK has a weak political situation at the moment, lots of political change and has a very weak currency, so it's almost acting like an emerging market. Yet, there are a whole host of emerging market countries that are actually ...

US recession probability reaches 75% - is Australia at risk?

ANDREW MCKEAN  |  TUESDAY, 1 NOV 2022
... can avoid financial distress." There are two financial distress risks that worry him - household financial distress and currency risk. "Household financial distress increases if households can't pay their mortgages when the RBA increases interest ...

Government enshrines new rule for Aussie Bitcoin owners

ANDREW MCKEAN  |  FRIDAY, 28 OCT 2022
... federal government introduced new rules for Bitcoin owners, clarifying that digital currencies are not taxed as foreign currency. The government said it will introduce legislation to clarify that digital currencies (such as Bitcoin) continue to be excluded ...