Chief economist update: The UK is not OKBY BENJAMIN ONG | MONDAY, 12 AUG 2019 8:31AM
Continuing deterioration in the UK's economic fundamentals has ignited rate cut speculations. But with the Bank Rate at 0.75% and QE still in place, it's not the liquidity and the cost of borrowing that's the problem.Read more: US, BOE, Brexit, EU, Bank Rate, Germany, Italy, QE, Bank of England, Boris Johnson, European Union, National Accounts, Office for National Statistics, recent UK, UK GDP, UK Prime Minister, US-China
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Moelis Australia has promoted two managing directors to joint chief executives as it announces plans to acquire a local non-bank lender, eyeing a bigger slice of the $1.8 trillion Australian residential mortgage market.
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OneVue has made a provision to write down its Sargon receivable by $26 million to just $3.9 million, dragging its first half bottom line to $27 million in losses after tax.
The director of a 'one-stop-shop' for SMSFs has pleaded guilty to 17 counts of aggravated deception and one count of dishonest dealings with documents.
The multi-asset manager has warned of the effects of climate change on investor's portfolios, urging them to assess a company's "carbon footpath" over eliminating polluters altogether.
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