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Emerging market equities are being mispriced by investors relying on outdated assumptions, according to Orbis Investments, which argues improving fundamentals and attractive valuations are being overlooked after more than a decade of underperformance.
The investment manager said sentiment towards emerging markets remains an...
A new document filed with the US Securities and Exchange Commission (SEC) has revealed the Elon Musk-led company could go public at US$135 per share.
The document showed SpaceX is seeking to raise US$75 billion ($105 billion) in an IPO that would be the largest of all time, targeting a historic debut that could open the door to mo...
The issuer of an Australian dollar stablecoin is launching a New Zealand dollar stablecoin to address a gap in the country’s digital asset infrastructure, despite the NZD being one of the world’s 10 most traded currencies.
AUDC’s NZDC builds on the success of AUDD, which has processed more than $2 billion in transactions to date.
I...
Franklin Templeton is expanding institutional access to tokenised money market funds through a partnership with fintech and payments infrastructure firm MoonPay, as the global asset manager continues to build out its on-chain financial ecosystem.
The strategic collaboration will enable eligible institutional investors to move efficiently be...
Australia’s economy may be entering a more prolonged slowdown, economists have warned, after March quarter GDP figures revealed weaker momentum in household spending, persistent productivity challenges and growing uncertainty around the inflation outlook.
The Australian Bureau of Statistics (ABS) reported gross domestic product grew 0.3 p...