Former financial advisor with 17 offences
On 13 May 2022, Mr Ashley Grant Howard, of Hobart, Tasmania, appeared in the Newcastle Local Court via his legal representative, charged with 17 offences under the NSW Crimes Act. It is alleged Mr Howard used 17 false transfer forms to arrange for shares in GPS Alliance Holdings Limited, BHP Billiton Limited and Aquarius Platinum…
China’s economy expected to recover gradually
BEIJING – China’s economy is expected to recover gradually as the country achieves major anti-epidemic outcomes and pro-growth policies take effects, Fu Linghui, spokesperson for the National Bureau of Statistics, said Monday. The country’s economy took a hit from the domestic resurgence of COVID-19 cases in April, but the impacts are “short-lived and external,” Fu…
China’s property investment down 2.7%
BEIJING – China’s investment in property development went down 2.7 percent year on year in the first four months of 2022, data from the National Bureau of Statistics showed Monday. Originally published by Xinhua
Equites and markets remain buoyant
MARKETS After dipping in and out of the red last week, worrying that the Fed’s inflation targeting could bring about a recession, equity markets ended the week in a relief rally fashion, led by tech and other oversold sectors, after Chair Powell hinted that the Fed would not look to shock the markets with 75…
CommSec morning report Monday May 16
Latest news In US economic data, import prices were flat in April (survey: +0.6%), but were up 12% on a year ago (survey: +12.3%). Export prices rose by 0.6% in April to be up by 18% on a year ago (survey: +19.2%). The University of Michigan consumer sentiment index fell from 65.2 to a near…
The 4 economic election wildcards
There are four economic wildcards between now and the election, and we know exactly when each will be played. The first is this Wednesday at 11.30am eastern time, when we get the official update on inflation. We’re likely to see a figure so large it will take many of us back to the 1990s, to…
Sustainable investing in 2022
Sustainable investing allows you to invest with intention by aligning your portfolio with your principles. Sustainable investing has had increasing momentum. According to the U.S. SIF Foundation’s 2020 Report on US Sustainable and Impact Investing Trends, as of year-end 2019, one out of every three dollars under professional management in the U.S. – $17.1 trillion – was managed according to…
Investment in water conservancy up 45.5%
BEIJING – China’s investment in water conservancy facilities totaled 195.8 billion yuan (about 29 billion U.S. dollars) in the first four months of 2022, jumping 45.5 percent year on year, data from the Ministry of Water Resources showed on Thursday. According to the ministry’s targets, construction on a total of 30 new major water conservancy…
Why get your advice from a licensed financial adviser?
Use a licensed financial adviser Help protect yourself if something goes wrong Check the Financial Advisers Register Speaking with Raf Epstein on ABC Melbourne, ASIC Chief Operating Officer Warren Day recalled the first piece of ‘financial advice’ he ever received was from his Mum – to open a bank account. When he progressed to shares,…
The Good News is US Stocks Were Little Changed
The good news is that US equities were little changed Thursday, S&P down 0.1% even as concerns about the instability in crypto markets intensify. The dollar index rose around 1%, its highest level since 2002, even as US10yr yields slipped again, down 7bps to 2.85%. The mechanical reaction of US yields is typically the rudder…
