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Showing 931 - 940 of 4539 results for "Dollar"

NAB still unclear on true impact of misconduct

KANIKA SOOD  |  FRIDAY, 19 OCT 2018
NAB chief executive Andrew Thorburn failed to give an exact number of clients hit by the bank's misconduct as he fronted the parliamentary inquiry into major banks in Canberra this morning. Thorburn said he expects the total number of customers ...

ASIC moves on Dollarmites

HARRISON WORLEY  |  FRIDAY, 19 OCT 2018
ASIC is set to review banking and financial literacy programs in Australian primary schools, including Commonwealth Bank's recently criticised Dollarmites program. ASIC said school banking programs are supposed to educate young Australians about the ...

Chief economist update: Bull markets don't die of old age

BENJAMIN ONG  |  THURSDAY, 18 OCT 2018
... underscored by the renewed fall on Wall Street overnight - along with the rise in 10-year US Treasury bond yield and the US dollar index -- following the release of the Fed minutes. These, of course, are inter-related. Rising bond yields raises borrowing ...

Colonial First State to cut tobacco by 2020

KANIKA SOOD  |  WEDNESDAY, 17 OCT 2018
... Pledge. CFS currently has less than 1% of total assets in tobacco-related investments but declined to disclose the actual dollar value. Tobacco investments are a moral grey area for money managers - tobacco kills seven million people across the globe ...

Chief economist update: China on the down low

BENJAMIN ONG  |  WEDNESDAY, 17 OCT 2018
... of a depreciating currency. Currently trading at around CNY6.92/US$1, the Chinese yuan has fallen by 5.9% against the US dollar since the start of the year and by 9.5% from this year's peak of CNY6.26/US$1 recorded in early February. Indications ...

Ban Dollarmites: Spot poll

KARREN VERGARA  |  MONDAY, 15 OCT 2018
Banks should be banned from pedalling financial products in schools, Financial Standard's latest spot poll shows. More than half (53%) of readers agree that CBA's Dollarmites program and any other financial products promoted in schools by financial ...

Chief economist update: It wasn't me, it's the Fed

BENJAMIN ONG  |  FRIDAY, 12 OCT 2018
... slide on Wall Street continued overnight. "It's a correction that I think is caused by the Fed and interest rates. The dollar is very strong, very powerful, and it causes difficulty doing business." The Fed "is far too stringent... they're making ...

Chi-x opens up access to tech darling Apple

KANIKA SOOD  |  MONDAY, 8 OCT 2018
Alternative stock exchange Chi-x is giving Aussie investors access to international tech stock Apple in partnership with Deutsche Bank. Deutsche Bank has issued a security called transferable custody receipts (TraCRs) that will give Aussie investors ...

Chief economist update: An Indian surprise

BENJAMIN ONG  |  MONDAY, 8 OCT 2018
... year would exert upward pressure on India's inflation. The Indian rupee ended at an all-time low of R73.85 to the US dollar at the close of last week's trading - after hitting R74.22 in intra-day trade and is now 13.6% down versus the greenback ...

CBA fires up over Dollarmites criticism

HARRISON WORLEY  |  FRIDAY, 5 OCT 2018
Commonwealth Bank has responded to widespread criticism of its longstanding Dollarmites program. Executive general manager of the bank's retail arm, Mark Jones said CBA is proud of its school banking program, which has been running now for 87 years. ...