Category: Australias
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Australia’s First Spot Bitcoin ETF With Direct Holdings Officially Begins Trading
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Australia now officially has its first Bitcoin ETF that directly holds Bitcoin (BTC). the Mono Asset Management Bitcoin ETF (IBTC) is just getting started commerce With the opening of the Cboe Australia stock exchange. Trading under the ticker IBTC, the ETF carries a management fee of 0.98%. Urgent: ?? First…
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Australia’s First Spot Bitcoin ETF Debuts Tomorrow: Details
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Australia is set to enter the cryptocurrency investment scene with launch From the first Bitcoin spot trading fund (ETF) tomorrow. Mono Asset Management’s Bitcoin ETF (IBTC) will begin trading on the Cboe Australia exchange on June 4, barring any last-minute delays. This development marks Australia’s alignment with global trends following…
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Australia’s First Spot Bitcoin ETF To Begin Trading Tomorrow
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Australia is set to join the growing list of countries offering bitcoin spot trading funds (ETF), with the first such product expected to launch in the country tomorrow. Just in: ?? 1st place for Australia #Bitcoin The ETF goes live tomorrow. are you ready? ? pic.twitter.com/EfKqdMU48P – Bitcoin Magazine (@BitcoinMagazine)…
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FX Watch: How High Can AUD/JPY Fly Ahead of Australia’s CPI?
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AUD/JPY is hitting a major technical resistance area ahead of the monthly CPI release in Australia! In case you missed the latest overall market summary, you should know that traders are riding a risk-friendly wave as traders price in potential interest rate cuts by major central banks like the Federal…
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Australia’s Lendlease exits offshore markets to focus on local growth By Reuters
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Written by Rishav Chatterjee and Ayushmann Ojha (Reuters) – Australian developer Lendlease will divest from its overseas construction business and release up to A$4.5 billion (US$2.9 billion) of capital to shareholders, putting an end to its international ambitions to shift focus on domestic operations. Lendlease said in a statement on…
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Australia’s Telstra to axe up to 2,800 jobs by year-end to cut costs By Reuters
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(Reuters) – Australian telecommunications company Telstra (OTC:) said on Tuesday it would cut up to 2,800 jobs from its direct workforce by the end of this year, as part of its proposed measures to streamline operations and cut costs. Telstra said consultations on 377 of these roles would begin immediately,…
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Week Ahead in FX (May 13 – 17): U.S. Inflation Plus U.K. And Australia’s Jobs Reports
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The US Dollar is in for another busy week as Uncle Sam publishes the latest inflation reports! Meanwhile, labor market updates from the UK and Australia are expected to increase volatility for the British pound and Australian dollar. We’ve got a diary on this week’s most watched data releases! Before…
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Australia’s Qantas to pay $79 million to settle flight cancellation case By Reuters
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Written by Byron Kay and Poonam Behura SYDNEY (Reuters) – Australia’s Qantas Airways agreed to pay A$120 million ($79 million) to settle a lawsuit before a regulator over the sale of thousands of tickets on already-canceled flights, in an attempt to end the reputation crisis that has engulfed the airline.…