Company Overview and News

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Not so super: How funds, regulators undermined MySuper saving scheme

2018-08-17 theage.com.au
So began an email sent to super fund members by a Commonwealth Bank-aligned financial adviser, ahead of a mid-2017 deadline that was being closely watched in the industry.
NAUBF NAB NASXF NABZY

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Not so super: How funds, regulators undermined MySuper saving scheme

2018-08-17 smh.com.au
So began an email sent to super fund members by a Commonwealth Bank-aligned financial adviser, ahead of a mid-2017 deadline that was being closely watched in the industry.
NAUBF NAB NASXF NABZY

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Flash - Asian markets bounce back on US-China trade talks - France 24

2018-08-17 france24
Asian markets opened higher Friday after a positive lead from Wall Street and Europe, with investors cautiously optimistic about upcoming US-China trade talks.
NAUBF NAB NASXF NABZY

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Australia's giants plan to get richer by shrinking fast

2018-08-17 theedgemarkets
Defying a global spike in acquisitions, some of Australia’s biggest and oldest companies are trying to shrink to greatness. Commonwealth Bank of Australia, Wesfarmers Ltd and Telstra Corp are potentially spinning off assets collectively valued at A$59.5 billion (US$43 billion) in as little as three years — more than the tally for the whole of the past decade.
MQBKY NAB PYPL WFAFF TTRAF TLSYY NAUBF GS GLSSP NWS UBS MQG EBAY EBAYL GJV JBK GSC NWSA TFG NASXF NABZY MCQEF MORN GSJ WFAFY TLS GJS ULSGF

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Forget empires: Australia's company giants plan to shrink to greatness

2018-08-17 theage.com.au
Defying a global spike in acquisitions, some of the country's biggest and oldest companies are trying to shrink to greatness. Commonwealth Bank, Wesfarmers and Telstra are potentially spinning off assets collectively valued at $59.5 billion in as little as three years -- more than the tally for the whole of the past decade.
NAUBF GJV MQBKY NWSA NWS NAB NASXF NABZY MCQEF MQG

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Forget empires: Australia's company giants plan to shrink to greatness

2018-08-17 smh.com.au
Defying a global spike in acquisitions, some of the country's biggest and oldest companies are trying to shrink to greatness. Commonwealth Bank, Wesfarmers and Telstra are potentially spinning off assets collectively valued at $59.5 billion in as little as three years -- more than the tally for the whole of the past decade.
NAUBF GJV MQBKY NWSA NWS NAB NASXF NABZY MCQEF MQG

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Australia's giants plan to get richer by shrinking fast

2018-08-17 malaymail
Defying a global spike in acquisitions, some of Australia’s biggest and oldest companies are trying to shrink to greatness. Commonwealth Bank of Australia, Wesfarmers Ltd and Telstra Corp are potentially spinning off assets collectively valued at A$59.5 billion (RM176.3 billion) in as little as three years — more than the tally for the whole of the past decade.
MQBKY NAB PYPL WFAFF TTRAF TLSYY NAUBF GS GLSSP NWS UBS MQG EBAY EBAYL GJV JBK GSC NWSA TFG NASXF NABZY MCQEF MORN GSJ WFAFY TLS GJS ULSGF

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Gold recovers from 19-month low as dollar softens

2018-08-16 thehindubusinessline
Gold clawed back from a 19-month low on Thursday due to short-covering and as the US dollar softened following news that Beijing will hold trade talks with Washington later this month.
NAUBF NAB NASXF NABZY

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AMP dragged feet on shifting customers to MySuper for three years

2018-08-16 theage.com.au
AMP dragged its heels on moving thousands of customers to its MySuper funds for three years and is under investigation by the superannuation regulator for the high fees it charges customers in the no-frills retirement option and other cash products.
NAUBF NAB NASXF NABZY

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AMP dragged feet on shifting customers to MySuper for three years

2018-08-16 smh.com.au
AMP dragged its heels on moving thousands of customers to its MySuper funds for three years and is under investigation by the superannuation regulator for the high fees it charges customers in the no-frills retirement option and other cash products.
NAUBF NAB NASXF NABZY

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'Under fire': Aussie dollar becomes the trade war's No.1 whipping boy

2018-08-15 theage.com.au
Investors have brushed aside Australia's world-beating economic growth to make its currency the whipping boy of the trade war.
NAUBF NAB NASXF NABZY

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'Under fire': Aussie dollar becomes the trade war's No.1 whipping boy

2018-08-15 smh.com.au
Investors have brushed aside Australia's world-beating economic growth to make its currency the whipping boy of the trade war.
NAUBF NAB NASXF NABZY

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Global stocks drop on Turkey; strong dollar dents commodities

2018-08-15 malaymail
NEW YORK, Aug 16 — Global stocks fell yesterday as investors fled riskier assets amid renewed worries over Turkey while a stronger dollar weighed on oil and other commodities.
NAUBF NAB NASXF NABZY

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European stocks tumble as strong dollar dents commodities

2018-08-15 channelnewsasia
LONDON: European stock markets fell sharply on Wednesday (Aug 15), with commodities-linked assets hit by dollar strength, while the lira recovered despite Turkish-US tensions ratcheting higher.
NAUBF NAB NASXF NABZY

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Banking royal commission releases ASIC report accusing NAB of breaking the law

2018-08-15 abc.net.au
The banking royal commission has released a report by the corporate regulator that the National Australia Bank tried to keep secret.
NAUBF NAB NASXF NABZY

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