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17 April 2024 • By Maja Garaca Djurdjevic • 1 min read

Rate cut delay looms larger as Aussie dollar hits 5-month low

Powell has quashed expectations of a June Fed interest rate cut, sending the Australian dollar to new lows and planting seeds of doubt in rate ...

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Oil prices in focus as Middle East conflict raises global concerns

In response to an attack on its consulate in Syria, Iran’s retaliatory strikes on Israel have ignited concerns of a broader conflict with far-reaching ...

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Praemium acquires Iress platform business

Iress has completed the sale of its platform business. The firm confirmed on Monday it has sold its platform business to Praemium for an initial $1 ...

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The war on ESG: An evolving quagmire of arms investments

In the nuanced world of ethical investing, fund managers find themselves at a crossroads as questions arise regarding their adherence to ESG ...

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RBA on alert as US CPI sends global tremors

US inflation data has rattled markets, prompting economists to reconsider their rate predictions. US inflation has come in hot for the third ...

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Economic forecast grimmer than data suggests: VanEck

A fund manager said it’s “surprised” more people aren’t worried about a hard landing in Australia. Citing a lack of “growth positives”, VanEck ...

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Platinum reports substantial outflows ahead of expected large dip in April

Platinum Asset Management has reported its largest outflows since August 2023, following the loss of a large mandate and the commencement of an ...

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Mayfair 101 boss arrested and charged

The head of Mayfair 101 has been charged with four counts of engaging in dishonest conduct. In a statement, the Australian Securities and ...

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Global X continues AUM growth streak fuelled by tech ETF inflows

The ETF provider is a step closer to achieving its $10 billion AUM objective and is expanding its team accordingly. Global X ETFs has surpassed $7 ...

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Heartland group receives approval for Challenger Bank acquisition

New Zealand’s Heartland Group has received indicative regulatory approval for its Challenger Bank acquisition. The New Zealand-based firm confirmed ...

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