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01 March 2022 • By Maja Garaca Djurdjevic • 1 min read

CBA sells 10% holding in Chinese bank

CBA has agreed to sell a $1.8 billion stake in a Chinese bank. Commonwealth Bank of Australia announced on Tuesday it has entered into a binding ...

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Future Fund to divest $200m held in Russian companies

The Future Fund will wind down its $200 million holdings in Russian companies. The Future Fund confirmed on Monday it will wind down the $200 ...

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What’s on the horizon in crypto regulation?

Stronger licensing and accreditation requirements could be in the offing for crypto asset advisers, according to Zerocap. ASIC could move towards ...

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Ukraine raises crypto worth millions

The Ukrainian government and NGOs supporting the military have raised over US$18 million in cryptocurrencies following a social media appeal

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Rising inflation to favour smaller companies, expert says

Rising inflation will favour smaller, quality companies, an expert has said. The stock market is transitioning from a focus on big growth stocks ...

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Aussie bitcoin mining start-up sets pre-seed funding record

An Aussie bitcoin mining start-up, Arkon Energy, has raised $2.6 million in pre-seed funding, setting an Australian record. Bitcoin mining start-up ...

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Charter Hall profit triples, FUM soars to just under $80bn

Charter Hall Group saw a substantial boost in its net profit in the six months ending 31 December. Charter Hall reported a group net profit of ...

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Link Group posts loss, client exits plague super sector

Link Group reported a statutory loss after tax of $81.7 million. In an ASX listing on Thursday, Link Group confirmed revenue of $593.6 million for ...

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Insignia’s net profit slumps

Insignia experienced a $7.1 billion hike in its funds under management and administration. Insignia Financial, formerly IOOF, reported a net profit ...

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ClearView FUM up 19%

The financial services company has reported “solid” growth in its latest results. On Thursday (24 February), ClearView confirmed operating earnings ...

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