Just as life in Australia seems to be getting back to normal, it was also more of the same in financial markets, as we saw a small recovery from the savage sell-off on Thursday. As I suggested on Friday, there appears to be more cash on the sidelines looking...
It was a quiet end to the week in the US as most Americans started to leave work (home) for Memorial Day holiday, which usually signals the start of summer; this year will be somewhat different but it looks like the in-laws’ lake camp in upstate NY is already...
Liquidators have been appointed to the two companies behind the XTB range of corporate bond ETFs following Equity Trustees suspending redemptions last month according to The Australian.
The two companies in liquidation are the Australian Corporate Bond Trust and Global Bond Exchange. Alan Walker and Glenn Livingstone of WLP Restructuring...
After David Jones was granted covenant waivers from its banks last week, bondholders will likely have little option but to agree to the waivers as well. This follows a reported collapse in sales last week.
David Jones and its stable of Australian fashion stores under the Country Road Group reported...
