Chief economist update: Submerging marketsBY BENJAMIN ONG | TUESDAY, 19 JUN 2018 10:54AM
The strong US dollar is triggering currency depreciations in emerging markets which puts upward pressure on inflation that, in turn, is forcing respective central banks to raise interest rates, ultimately slowing growth in emerging economies.Read more: Markets, Bloomberg, US Dollar, Argentina, Asian, India, Indonesia, Turkey, Brazil, Factset, Jerome Powell, more Fed, Philippines, South Korea, Taiwan, Thailand, Trump
Following its acquisition of a stake in Escala Partners, New York-based Focus Financial Partners is set to buy a slice of Melbourne-based MEDIQ Financial Services.
With the coronavirus, now dubbed COVID-19, impacting not only many lives, but now also the bottom line of some of the world's biggest companies, investors are chasing shorting opportunities to bank big on the pandemic.
A former chair of the SMSF Association has returned for another stint in the top job.
The chief executive of a $5.5 billion industry superannuation fund has spoken out against increasing the superannuation guarantee to 12% in a submission to the Retirement Income Review.
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