Edition:
United Kingdom

Cecile Lefort

Low prices to pile more pressure on beleaguered nickel miners

07 Jun 2017

MELBOURNE/SYDNEY Global nickel miners are coming under renewed pressure to cut costs or close capacity as a flood of cheap ore pushes prices to one-year lows, with analysts seeing little prospect of recovery.

Australian investors shun bond buy-backs as U.S. investors snap them up

07 Jun 2017

SYDNEY Australian companies Goodman Group and Rio Tinto are near completing up to a combined $3.5 billion (2.7 billion pounds) in bond repurchases in the United States, a stark contrast to casino Crown Resort which is struggling to buy back A$532 million (310 million pounds) of debt from local investors.

Rush of Australian securitized home loans tempts yield-starved Japanese

24 May 2017

SYDNEY/TOKYO Australia has become the world's most active market for securitized home loans, with sales at their highest in a decade as lenders seek to take advantage of surging demand from yield-starved Japanese investors.

Gig economy creates ripples in Australia’s A$2.1 trillion pension pool

05 Apr 2017

SYDNEY When ride-hailing company Uber started in 2014, Sydney resident Rosalina Kariotakis was among the first drivers to sign up, becoming part of the "gig economy" where freelance work is transforming the traditional job market in step with advances in technology.

Ethical investment tide lifts 'greenwash' concerns

02 Apr 2017

SYDNEY Investors are ploughing ever more into ethical funds to back their views on issues such as global warming and gender equality, but such investments can be confusingly similar to standard funds, except for higher fees and 'green halo' marketing.

Wanted: high-tech grads to work with Aussie farmers

06 Feb 2017

SYDNEY Parts of Australia's farming industry are rushing to recruit a new generation of tech-savvy graduates as the sector swaps its bucolic past for a future of drones, robots and automated sensors.

Strong demand lets Australia have record A$9.3 bln bond sale

19 Jan 2017

SYDNEY, Jan 19 Australia sold a record A$9.3 billion ($7 billion) of debt this week thanks to strong demand, with investors unfazed by risks the nation might lose its triple-A rating due to protracted budget deficits.

Australia's Merricks Capital hot on wheat for 2017, cool on sugar, soybean

05 Jan 2017

SYDNEY Merricks Capital, one of a handful of Asia-Pacific based hedge funds specializing in agricultural markets, believes Australian wheat prices will stay strong this year, even though the global market is flush with the cereal.

Australia's $1.57 trillion pension funds work to cut out the middleman

13 Dec 2016

SYDNEY Australian pension funds are luring dozens of portfolio managers to work in-house to boost returns in a cut-throat investment environment, a move that could see external fund managers lose A$230 million ($172 million) in annual fees.

Australian fund legalsuper resists 'pathway to mediocrity' merger pressure

08 Dec 2016

SYDNEY, Dec 8 Australian pension fund legalsuper said it is resisting pressure from the national financial regulator for small funds to consolidate into larger entities, even as some of its peers welcome the opportunity.

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