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Showing 1021 - 1030 of 6405 results for "Euro"

LGIAsuper offloads European assets

ALLY SELBY  |  THURSDAY, 9 JAN 2020
The European real estate manager for LGIAsuper has sold-off two of its property assets in Paris and Copenhagen, raking in a nice $36.5 million for the Queensland-based super fund. Europa Capital sold its Semaphore investment, an office building west ...

Chief economist update: Stock rally heralds 2020 cheer

BENJAMIN ONG  |  THURSDAY, 19 DEC 2019
The stock market is considered a forward-looking mechanism. That is, stock prices peak ahead of a reversal in economic growth. They start ascending before the economy starts to expand. If so, the rally in most equity markets around the world we've ...

Chief economist update: Three cheers for Christmas

BENJAMIN ONG  |  MONDAY, 16 DEC 2019
"Christmas, Christmas time is near, Time for toys and time for cheer..." - Alvin & the Chipmunks I can almost hear those little chipmunk voices singing this Christmas song as I browsed through last week's news of good tidings... and they came in ...

Chief economist update: Changing to Lagarde

BENJAMIN ONG  |  FRIDAY, 13 DEC 2019
... new ECB president; nor was there urgent need to do so. The December 2019 Eurosystem staff macroeconomic projections for the euro area was broadly unchanged from its September forecasts. Annual real GDP is expected to grow by 1.2% this year (up from September's ...

Chief economist update: Eurozone negative rates a failure?

BENJAMIN ONG  |  TUESDAY, 10 DEC 2019
... followed the ECB with negative rates policies to help stem excessive currency appreciation of their own currencies against the euro." But to extrapolate this into: "If the ECB cannot get to positive rates by the middle of 2021, then this experiment in ...

Industry fund publicly shames investment adviser

ELIZABETH MCARTHUR  |  MONDAY, 9 DEC 2019
A $3.3 billion industry superannuation fund revealed it has put an investment adviser on watch in relation to ESG concerns. First Super said Orbis Investment Advisory is on watch due to its approximately 23% holding in XPO Logistics. XPO Logistics is ...

Chief economist update: It's Christmas time in the city

BENJAMIN ONG  |  MONDAY, 9 DEC 2019
"Oh the weather outside is frightful..." While a "phase one" deal between the US and China appears to be close (again), it's still prudent not to write-off the possibility of a re-escalation in the tariff wars given Trump's recent targeting ...

Global firm appoints Australia chief

ALLY SELBY  |  THURSDAY, 5 DEC 2019
A global financial services firm has appointed a former UBS executive to lead its Australian arm, tasked with fueling new growth across the business. Andrew Dalgleish is the new chief executive of BTIG Australia. He has spent the last 20 years leading ...

China still positive despite unrest

ELIZA BAVIN  |  TUESDAY, 3 DEC 2019
There is a strange tug-o-war occurring in Asia at the moment. On the one hand every man and his dog is trying to tap into the wonders of China as an emerging market, and on the other there is mayhem as one of the nation's major financial hubs suffers ...

Deutsche Bank offloads $76b in assets

ELIZA BAVIN  |  TUESDAY, 3 DEC 2019
Deutsche Bank has offloaded $76 billion in assets to Goldman Sachs as part of the lender's restructuring plan. Germany's biggest bank has been undergoing a major restructuring as it struggles to compete in tough market conditions. The assets were tied ...