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Coronavirus in, climate change out: Costello, deVereBY ALLY SELBY | TUESDAY, 28 JAN 2020 12:20PM
With the death toll surpassing 132 and a further 6000 people suspected of being infected, the outbreak of the Wuhan coronavirus has left markets tumbling as fears of an epidemic are stoked by news of the virus spreading around the world.
Read more: US, Wuhan, Australia, China, Asia, ASX, deVere Group, Dow Jones Industrial Average, European Stoxx, FTSE, Hang Seng, Nasdaq, Nigel Green, Nikkei, S&P, Shanghai Composite
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Pendal Group has made year-long fee cuts on two funds, as it sees the Reserve Bank of Australia holding the cash rate at the record-low of 0.25%.
Standard & Poor's has downgraded AMP Limited's credit rating from BBB+ to BBB, with all AMP Group entities on CreditWatch with negative implications.
ME Bank chief executive Jamie McPhee has resigned after weathering scrutiny over the bank's adjusting of redraw facilities for mortgage customers and its relationship with the industry funds that own it.
At a time when many Australians are engaging directly with their superannuation fund for the first time, member satisfaction appears mixed, with two separate surveys producing some opposing views.
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