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Showing 10521 - 10530 of 21783 results for "Dec"

CPI says RBA no go on Melbourne Cup Day

BENJAMIN ONG  |  THURSDAY, 27 OCT 2016
You can bet the house on your favourite steed come 1 November, Melbourne Cup Day, but not on the Reserve Bank of Australia (RBA) shaving another 25 basis points off the official cash rate that currently stands at a record low 1.5%. This is the message ...

Westpac appoints group customer advocate

JAMIE WILLIAMSON  |  WEDNESDAY, 26 OCT 2016
Westpac has created a group customer advocate role as part of its commitment to the ABA's Six Point Plan. Adrian Ahern has been appointed to the position which is intended to provide a means of independent review for the bank's retail and small business ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 26 OCT 2016
US consumer confidence The Conference Board's consumer confidence index dropped to 98.6 in October following a downwardly revised 103.5 reading (from 104.1) in the previous month. This is much lower than market expectations for a slight decrease to ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 25 OCT 2016
US Markit manufacturing PMI Markit's preliminary estimates show that activity in the US manufacturing sector accelerated to a reading of 53.2 in October from 51.5 in the previous month. This is the highest reading since October last year and is sharply ...

Pension systems and ageing populations at crossroads

DARREN SNYDER  |  MONDAY, 24 OCT 2016
Mercer senior partner David Knox is warning increased pressure will be placed on global retirement systems if government policies do not adapt to ageing populations and declining birth rates. Knox fired the warning as the 2016 Melbourne Mercer Global ...

SSGA expands responsible investment strategy

JAMIE WILLIAMSON  |  MONDAY, 24 OCT 2016
State Street Global Advisors has launched an international equities fund which excludes investment in tobacco and selected armaments. Aimed at institutional investors with increasing interest in ESG investment, the State Street International Equities ...

CBA reinforces gender equality through financial education

KERRIE SYDEE  |  MONDAY, 24 OCT 2016
The Commonwealth Bank of Australia has committed to implementing a number of recommendations to its in-school financial literacy program in a bid to foster the financial empowerment of women and girls. CBA engaged Our Watch, the national foundation ...

The Fed "live" in November

BENJAMIN ONG  |  MONDAY, 24 OCT 2016
It seems so long ago now but at the start of October (or thereabouts), we were treated to several regional Fedspeaks -- including, among others, Cleveland Federal Reserve president Loretta Mester, Richmond Federal Reserve president Jeffrey Lacker, Kansas ...

Macquarie Infrastructure buys rail business

DARREN SNYDER  |  FRIDAY, 21 OCT 2016
Macquarie Infrastructure and Real Assets is acquiring a 49% stake in Glencore Rail as part of a co-investment with Genesee & Wyoming Australia. The co-investment will create a $2 billion partnership with Macquarie (MIRA) having a non-controlling interest. ...

Instos should reconsider hedging strategies: PIMCO

KERRIE SYDEE  |  FRIDAY, 21 OCT 2016
Institutional investors with globally diversified portfolios should consider making their currency hedging decisions at the portfolio level on a currency-by-currency basis if they wish to truly mitigate risk, according to new research from PIMCO. The ...