Latest news with #Kangaroo
Business Times
4 days ago
- Business
- Business Times
Indonesia's Kangaroo bond sale a tricky call for local investors
Indonesia's plan to issue its first Australian dollar-denominated debt next month has piqued investor interest, though questions mount on how it'll fit into local managers' portfolios. Australia's sovereign Kangaroo market isn't large and Indonesia's issuance is not aligned with the more well known supranational debt from developed markets, according to Betashares Capital. Funds may also be unable to hold the bonds due to Indonesia's low investment grade credit rating, according to Jamieson Coote Bonds. 'An EM (emerging market) kangaroo bond doesn't exactly fit neatly into the traditional Australian bond sectors,' said Chamath de Silva, head of fixed income at Betashares in Sydney, who may buy the bond if it gets included in major indexes. 'That said, if the concession is attractive, I'm sure local real money might be tempted.' It points to a tricky debt sale should Indonesia follow through on its plan as it seeks to diversify funding sources and deepen ties with Canberra. It would be just the second emerging-market sovereign to issue Australian dollar debt in a market that typically sees developed issuers such as the Canadian provinces and supranationals such as the European Investment Bank. The planned issuance comes as Kangaroo market sales hit A$41 billion (S$34.3 billion) this year, on track to top a record A$61 billion worth of deals last year, according to data compiled by Bloomberg. It follows South Korea issuing an Australian-dollar bond last year. The issuance is likely to be targeted at sovereign wealth funds and reserve managers rather than Australian funds given that liquidity may be low, said Prashant Newnaha, a senior Asia-pacific rates strategist at TD Securities in Singapore. But 'it's clear there is a significant pool of Australian dollars to tap', he said. While Indonesia's planned offer is interesting, it would not meet the rating requirement of a number of our portfolios, said James Wilson, a senior portfolio manager at Jamieson Coote in Melbourne. The South-east Asian nation is ranked Baa2 at Moody's Ratings, the second-lowest investment grade. BLOOMBERG
Mint
4 days ago
- Business
- Mint
Indonesia's Kangaroo Bond Sale a Tricky Call for Local Investors
(Bloomberg) -- Indonesia's plan to issue its first Australian dollar-denominated debt next month has piqued investor interest, though questions mount on how it'll fit into local managers' portfolios. Australia's sovereign Kangaroo market isn't large and Indonesia's issuance is not aligned with the more well known supranational debt from developed markets, according to Betashares Capital Ltd. Funds may also be unable to hold the bonds due to Indonesia's low investment grade credit rating, according to Jamieson Coote Bonds Pty. 'An EM kangaroo bond doesn't exactly fit neatly into the traditional Australian bond sectors,' said Chamath de Silva, head of fixed income at Betashares in Sydney, who may buy the bond if it gets included in major indexes. 'That said, if the concession is attractive, I'm sure local real money might be tempted.' It points to a tricky debt sale should Indonesia follow through on its plan as it seeks to diversify funding sources and deepen ties with Canberra. It would be just the second emerging-market sovereign to issue Australian dollar debt in a market that typically sees developed issuers like the Canadian provinces and supranationals such as the European Investment Bank. The planned issuance comes as Kangaroo sales hit A$41 billion this year, on track to top a record A$61 billion worth of deals last year, according to data compiled by Bloomberg. It follows South Korea issuing an Australian dollar bond last year. The issuance is likely to be targeted at sovereign wealth funds and reserve managers rather than Australian funds seeing emerging-market exposure given liquidity may be low, said Prashant Newnaha, a senior Asia-pacific rates strategist at TD Securities in Singapore. But 'its clear there is a significant pool of Australian dollars to tap,' he said. While Indonesia's planned offer is interesting, it would not meet the rating requirement of a number of our portfolios, said James Wilson, a senior portfolio manager at Jamieson Coote in Melbourne. The Southeast Asian nation is ranked Baa2 at Moody's Ratings, the second lowest investment grade. --With assistance from Prima Wirayani. More stories like this are available on
Courier-Mail
05-07-2025
- Sport
- Courier-Mail
AFL 2025: Matt Rowell says he hasn't changed approach after AFL umpire contact memo, Jay Clark and David King analysis
Don't miss out on the headlines from AFL. Followed categories will be added to My News. Matt Rowell and the Suns are on a 'crash course with the AFL' over umpire contact after the star midfielder again had multiple close shaves during their 41-point win over Essendon on Saturday. During the week, the league announced it would crack down on careless player-umpire contact, with suspensions to potentially be dished out to repeat offenders. Rowell has been fined four times across the past two years, with another misstep to possibly cost him a ban. FOX FOOTY, available on Kayo Sports, is the only place to watch every match of every round in the 2025 Toyota AFL Premiership Season LIVE in 4K, with no ad-breaks during play. New to Kayo? Get your first month for just $1. Limited-time offer. And after coach Damien Hardwick midweek said 'look out' if Rowell was to be banned for another discretion, the prolific contested ball-winner said on Saturday he hadn't taken any steps to alter his approach to the contest. In a post-game interview with Fox Footy's Sarah Jones, Rowell was abrupt when questioned about the umpire contact situation. Matt Rowell had more close shaves with umpires on Saturday afternoon. 'I haven't changed anything,' he told Jones after Gold Coast's 18.7 (115) to 11.8 (74) win. Asked if he had spoken to Hardwick on any tinkers to his style of play that would prevent contact, Rowell was again stern in his response. 'I'm just going to keep doing me,' he said. Herald Sun chief football writer Jay Clark remarked that the situation was 'red rag to a bull', with Gold Coast clearly unhappy with the AFL's sudden shift. 'Gold Coast is on a crash course with the AFL over this matter. There were so many close shaves ... as he (Rowell) says, he's not going to change anything,' Clark told Fox Footy's Super Saturday Live. 'The AFL wants the players to change their behaviour on this front. It's red rag to a bull. 'They (the AFL) said they don't really want to suspend players for this, but if they're going to do it a bit brazenly and not modify their behaviour, maybe they have to.' X SUBSCRIBER ONLY Two-time premiership Kangaroo David King said it was the second time this year Hardwick had taken aim at league headquarters, predicting a suspension for Rowell if there was to be another instance of umpire contact in the coming weeks. 'I reckon it's the second middle finger for the year (from) Damien Hardwick ... and this one is straight at Andrew Dillon, and I don't think he'll take it well,' King said. 'I think that if there is contact to be made in the next few weeks, he will get a suspension, because they've warned, and they've ignored. 'It's a pretty serious thing to be doing in the back half of the year.' Western Bulldogs icon Brad Johnson added: 'He (Rowell) is walking the fine line. We all know what the outcome is now, so it's on Rowell and the Gold Coast to either change behaviour, or it could hurt them at the end of the year.' X SUBSCRIBER ONLY Former West Coast coach Adam Simpson during the match broadcast suggested Rowell and Hardwick were on the same page with their displeasure about the AFL's mid-season crackdown. 'I think sometimes you're an extension of the coach in terms of the messaging, and when (he said) 'I'm just going to do what I do', and that means 'I'm going to dance with the devil' in these particular plays,' he said. 'Obviously, they're not happy as a club about it, and they've told him to go out and play his natural game, almost to the point where 'I'm going to put myself in this spot, and what will be will be'. 'I think it's a stance, often when you hear a player talk like that, it's coming from the coach, and a bit of a line in the sand ... 'we're not going to cop this anymore' type of attitude, and I think Dimma has instilled that in some of his players. 'This particular issue seems to have sparked something in Dimma's profile.' Four-time flag-winner Jordan Lewis said: 'I think, if I'm the AFL watching that, I am not too pleased, to be honest. But that's the risk they want to run.' X SUBSCRIBER ONLY At half-time of Bombers-Suns, Lewis expressed concern about Rowell's approach amid multiple examples from the first half at Docklands where the hard-headed midfielder had multiple close shaves with men in green. 'He either didn't see the memo that came out, (or) he hasn't been spoken to by club officials,' Lewis said on Fox Footy. 'Seriously, you cannot set up like that. You cannot run the risk of then getting another fine and a potential suspension. 'I just cannot believe after the week that he's had to then set up behind the umpire and run the risk.' Lewis believed it meant the AFL would be more likely to suspend Rowell as a result of unchanged behaviour. 'No doubt, whatsoever. The umpires have sent out a memo, they've fined Matt Rowell last week $5,000,' he said. 'If he doesn't get the message from those two things, maybe the next thing is a suspension.' Originally published as AFL, Suns on 'crash course' over ump contact as star bristles in blunt interview
Winnipeg Free Press
05-07-2025
- Winnipeg Free Press
Gateway to grandeur
I nominate Provincial Road 307 as Manitoba's loveliest worst drive. Voted repeatedly in CAA surveys as Manitoba's worst road, PR 307 is nonetheless the province's most adventure-packed route for overnighters and energetic day-trippers. Let's give 307 some loving. And more repairs. About an hour outside Winnipeg at Whitemouth Falls, I watched teens hop onto rocks between tumbling cascades. I'd never do that — except for a photo. Their dad then tiptoed across a waterfall. His thirteen-year-old daughter yelled, 'If you die, I want your truck!' That sure motivated him. GORD MACKINTOSH / FREE PRESS Manitoba's loveliest worst drive. Three pelicans chose a cascade to watch for hapless fish. I waited for action with my camera. Pelicans are more patient than me. The next-door community of Seven Sisters Falls is home to Seven Sisters Motel ('Our beer is colder than your ex's heart'); Dunlop's Tourist Hotel ('Open 7 days'); and Jennifer's Restaurant ('11:00 am to 7:13 p.m.' and 'Kangaroo Burger + Fries'). Announcing 2025 as its last year, Jennifer's also serves renowned schnitzel. But never ask to modify your meal, not even salad dressing on the side. Chef Jozef insists he's not a slave and has rights; another sign exclaims 'No Means No.' At Seven Sisters' monstrous Hydro generating station, excuse the vulgar sign saying 'Dam Parking Area.' Above a thunderous roar, walk on the structure. The Winnipeg River bursts so noisily through the gates below, you'll wonder how you crossed on a day it didn't give out. Entering Whiteshell Provincial Park (with no entry fee this summer), Big Creek's docks tease for what's ahead. 307 hugs Eleanor Lake where Riverview Lodge signals the first of several wonderful family-run resorts, most with stores packed with souvenirs and goodies. At Otter Falls Campground office, I asked a nagging question: 'Where are the falls?' Staff quipped, 'There's ripples!' Busted. GORD MACKINTOSH / FREE PRESS Manitoba's mini-Golden Gate Bridge across the Whiteshell River on the Trans Canada Trail. For picnics at the ensuing roadside beach, Otter Falls Resort offers chicken poutine — with honey dill. Only in Manitoba. Further, Dorothy Lake's longer beach bustles on hot weekends. The lesser-known Opapiskaw Campground features rapids during high water, beaches and several forest-enfolded, sunset-swathed lakeview sites that are a tightly held family secret. At Nutimik Lake, the rebuilt Whiteshell Museum opens this season. Nearby, Nutimik Lodge hosts Barkley's Diner for take-out. Barkley is a sasquatch statue in a shed. Among crayoned pictures of Barkley displayed last summer, one child just had to add 'I like unicorns and girls.' Savour tater-tot pulled pork poutine with farmer sausage. Only in Manitoba. In Nutimik Campground, stroll to the lofty 86-metre-long Whiteshell River Suspension Bridge. Seeing 'No diving' signs, I wondered, 'Who'd be that foolish?' A fellow from a group then approached and asked, 'Can we go off here?' Hiking further to Sturgeon Falls, I queried oncoming folks, 'Am I halfway?' Answer: 'Sort of.' I later asked, 'Am I close?' Reply: 'Relatively.' I then asked a guy, 'What time do they turn the falls off?' He kept walking. GORD MACKINTOSH / FREE PRESS Margie Mackintosh marvels at the sights and sounds of Sturgeon Falls. Margie said, 'I'm so embarrassed.' I replied, 'Yeah, he obviously doesn't know.' Twenty minutes later, white noise surges from furious waters exploding against rocks and counter-currents. Although Sturgeon Falls is more like rapids, I remarked to hikers, 'Don't tell Hydro about this one!' At Nutimik Campground's beach, thrill-seekers leap into Nutimik Lake from Blueberry Hill's cliff. As I tread across it, a joker asked, 'Goin' off the 60-footer?' I replied, 'Only if kidnapped by terrorists and thrown — or for a photo.' Then I asked a chap, 'How much do you think the cliff weighs?' He pondered. Margie whispered, 'I'm so embarrassed.' He finally concluded, 'Pretty heavy.' Further down 307, a trail enters onto a huge flat rock called Bannock Point. Ages ago Indigenous people laid stones in shapes like circles, snakes and turtles. It's great that visitors are welcome to observe this sacred phenomenon. Elder Ron Bell mapped GPS co-ordinates of these petroforms. Turtles point to lakes. Snakes point to rivers. None point the way out. GORD MACKINTOSH / FREE PRESS It's a long way to Nutimik Lake. I read a sign — but after leaving. It said 'It is easy to become disoriented if you venture into heavily wooded areas.' I'm drawn to heavily wooded areas. As I traipsed with a booter among the trees, Margie retraced our steps and called to me. Or I'd still be there. A kilometre further, hike to Pine Point Rapids. During normal rainfall, these are more like falls. Lie on bedrock as rushing waters massage. Strong swimmers slide down the cascade and get dunked. I did too — for a photo. At Foresters Footsteps Trail, add a rock to Betty the Betula Rock Snake. Follow the Trail to blueberries galore in moist years. But a still-upset friend reports that, behind your back, a local bear will devour your cherished pailful. I, however, partake while picking — as a safety precaution. Ten kilometres further, White Lake Resort serves Portuguese dishes. Bifana! Risois! Then, drive the park road to Rainbow Falls. Wade below whooshing — yes! — falls. Adventurous swimmers locate boulders under Rainbow's whirlpool to go with the flow. Current events. MARGARET MACKINTOSH PHOTO The author slides at Pine Point Rapids during high water — for a photo. Later, gaze from the astounding cliff concealed behind Brereton Lake's tennis court. On Brereton Lake Resort's deck, Kim and Greg's pizza excels, or open wide for the 10-topping Brereton Burger. Go ahead — modify your meal. Jokers might call it a goat path or go-cart track, but 307 remains Manitoba's gateway to grandeur. gordmackintosh9@
Newsweek
02-07-2025
- General
- Newsweek
Woman Fosters Rescue Dog—Then Discovers Her Hidden Talent
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. A dog named Trudie who was saved from certain death is now safely with a foster carer, but not before her rescuers noticed she had an incredible hidden talent. Trudie doesn't walk or run, she hops. And her signature bounce has seen her likened to a "kangaroo". The young pup was rescued from China alongside three other dogs—Bunny, Benjamin, and Barney—through the efforts of Saving Harbin Dogs and Great Bulls Of China. Trudie was one of many dogs crammed into a truck and bound for sale in China's dog meat industry, the Humane Society International (HSI) reports that an estimated 30 million dogs are killed for human consumption each year across Asia, including 10-20 million in China alone. Now safely in the U.K. thanks to Silver Fox Dog Rescue, Trudie is temporarily in foster care and already making waves online for her joyful leaps in the air. The rescue shared a video of Trudie's trademark jumps on their Facebook page, and the caption said: "Sometimes dogs come along that are just special. Trudie is one of those." Pictures of Trudie who was rescued from the dog meat trade and has since been showing off her happy jumps. Pictures of Trudie who was rescued from the dog meat trade and has since been showing off her happy jumps. Silver Fox Dog Rescue Claire, who is currently fostering Trudie, told Newsweek: "Trudie is the sweetest girl you could ever meet. Understandably she is terrified of men currently." The dog meat trade is especially prevalent in southern provinces like Guangxi and Guangdong, with the city of Yulin being notorious for its annual Dog Meat Festival, but there are signs of change when it comes to the dog meat industry, in 2020, China banned the sale of dog and cat meat and cities passed laws to ban its consumption. The rescue shared the video of Trudie's adorable jumps on their Facebook page last month, where it amassed 72,000 views as people couldn't get enough. "Once she's assessed and vet-checked we will start taking applications for your very own Kangaroo," the post said. "Hello Trudie," said one commenter. "I'm off to show mum [this video], she loves dogs and goats and you're like two in one." While another viewer said: "Poodle x kangaroo, that's a new one on me. She's lovely." Another asked: "Is she half goat? She looks great fun!" "We don't know when she will be available for adoption just yet," Claire explained. With 34 dogs currently in their care, Silver Fox Dog Rescue always perform full health checks before dogs become available for adoption. Trudie is due her vet check on Thursday and then the shelter hope she will be available for adoption and find the right family who will love her jumping skills and sweet personality. Do you have funny and adorable videos or pictures of your pet you want to share? Send them to life@ with some details about your best friend, and they could appear in our Pet of the Week lineup.
