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Showing 1011 - 1020 of 4371 results for "Press"

Chief economist update: Japan's third wave

BENJAMIN ONG  |  MONDAY, 16 NOV 2020
More infections equals more monetary policy easing and more fiscal spending. Like the Fed and the European Central Bank, the Bank of Japan (BOJ) also kept monetary policy unchanged - target rate at -0.1% and target for the 10-year Japanese government ...

COVID-19 spurs proactive investing: Study

KARREN VERGARA  |  WEDNESDAY, 11 NOV 2020
... 48% say the industry lacks transparency. More than half believe the bad news they hear about financial institutions in the press. Many are also frustrated with the lack of understanding. The country's financial education gap remains significant ...

CBA feels pressure of low rates, profits down

ANNABELLE DICKSON  |  WEDNESDAY, 11 NOV 2020
Commonwealth Bank of Australia reported a decrease in cash profit down for the September quarter due to lower margins and higher expenses. The preliminary figures show cash profits down 16% to $1.8 billion on the same period in the previous year. The ...

Chief economist update: Biden cooks Donald's duck

BENJAMIN ONG  |  MONDAY, 9 NOV 2020
... Trump who the Washington Post labelled "Commander in Tweets". "He has used it to announce policy, move markets, attack the press, dispute reports, insult enemies and energise his base - all unvarnished by a journalist's interpretation," it wrote. ...

Pendal profits tumble 25%

KANIKA SOOD  |  WEDNESDAY, 4 NOV 2020
Pendal reported $116.4 million or 25% lower net profit after tax in the year ending September, even as inflows started to pick up in the last three months. The figure includes its seed investments' movements which were marked-to-market. If it weren't ...

New super benchmarking flawed: Rice Warner

ELIZA BAVIN  |  THURSDAY, 29 OCT 2020
The government's new Your Future, Your Super investment performance benchmarking is flawed and will have unintended consequences, according to Rice Warner. Rice Warner said the proposed package to implement some of the recommendations by the Productivity ...

Magellan's largest client asked to review costs

KANIKA SOOD  |  WEDNESDAY, 28 OCT 2020
An activist shareholder is asking for a cost review at Magellan's biggest client, St James Place. But the risk to Magellan is low, says Credit Suisse. The UK wealth manager has been using Magellan's strategies since 2011 and was its first overseas client. ...

Elanor expands healthcare real estate fund

ELIZA BAVIN  |  TUESDAY, 27 OCT 2020
Elanor Investors Group announced it has acquired the Woolloongabba Community Health Centre for $37 million. Elanor said the acquisition was made through its Elanor Healthcare Real Estate Fund reflecting a 6% capitalisation rate. This marks the third ...

Chief economist update: Victoria's victory

BENJAMIN ONG  |  TUESDAY, 27 OCT 2020
... wave to an end." This was what state premier Dan Andrews told all Victorians and the rest of Australia at his 26 October press conference as he declared the battle with the second wave of infections "mission accomplished". It may not be as tough as the ...

ASIC chair steps aside pending pay review

JAMIE WILLIAMSON, KANIKA SOOD, ELIZABETH MCARTHUR  |  FRIDAY, 23 OCT 2020
... the year. Sean Hughes was the second-best-paid commissioner at $604,106, followed by John Price at $582,3094 and Danielle Press with $575,724. Taking to Twitter, Senator Andrew Bragg said it's time for a clean out at the regulator. "Too many commissioners. ...