Save articles for later Add articles to your saved list and come back to them any time. Australia’s banking giants are likely to keep their power to influence prices in the $1.4 trillion market for household deposits despite the competition watchdog’s attempts to call for change, although there will be marginal improvements for consumers, according to some analysts. Last Friday, […]

Treasuries gave back ground after an initial jump but moved back to the upside in the latter part of the trading session on Tuesday. Bond prices spent much of the session lingering near the unchanged line but climbed back into positive territory in afternoon trading. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, fell […]

Save articles for later Add articles to your saved list and come back to them any time. If the government wants the $3.5 trillion superannuation industry to do more of the investment heavy-lifting on the energy transition and housing, it needs to provide the tools – and this includes cutting them a bit of slack on their performance tests. This […]

Treasuries showed a notable move to the downside during trading on Thursday, giving back ground after moving notably higher over the three previous sessions. Bond prices came under pressure early in the session and remained firmly negative throughout the day. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, jumped 8.1 basis points […]

Save articles for later Add articles to your saved list and come back to them any time. The National Australia Bank could buy up to 15 per cent of ASX-listed fintech lender Plenti, after joining forces with it to offer car, electric vehicle and household renewable energy loans. On Tuesday, NAB announced it had entered a strategic partnership with Plenti […]

Gold prices surged to a six-month high on Monday as the dollar remained subdued amid bets the Federal Reserve is down with interest rate hikes as inflation is cooling down, and recent data show the economy is slowing a bit. The dollar index dropped to 103.21 in the New York session, and despite emerging above the flat line subsequently, dropped […]

French drug major Sanofi (SNYNF,SNY) announced Monday positive results of Dupixent (dupilumab) Phase 3 trial in chronic obstructive pulmonary disease or COPD. In the second Dupixent investigational Phase 3 trial – NOTUS, Dupixent significantly reduced COPD exacerbations. The company noted that Supplemental BLA submission to the U.S. Food and Drug Administration is planned by end of 2023. Sanofi and Regeneron […]

Treasuries showed a notable upward move in early trading on Wednesday but came under pressure over the course of the morning. Bond prices subsequently climbed off their worst levels and spent the afternoon lingering near the unchanged line. The yield on the benchmark ten-year note, which moves opposite of its price, ended the day down by less than a basis […]

Save articles for later Add articles to your saved list and come back to them any time. A young money manager has been banned from managing corporations or working in financial services as part of an investigation into the collapse of his once-claimed $1 billion funds empire. Mitchell Atkins will be barred from managing corporations for five years and from […]