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Showing 1061 - 1070 of 5910 results for "March 2010"

Chief economist: The path to normality

BENJAMIN ONG  |  TUESDAY, 18 MAY 2021
Slowing to normal? Slowing or just normalising? This is the question prompted by the release of China's latest activity stats - a question whose answer will determine future policy moves by the People's Bank of China (PBOC) and the Politburo. ...

New Martin Gilbert vehicle strikes first deal

JAMIE WILLIAMSON  |  MONDAY, 17 MAY 2021
AssetCo, the new investment vehicle for the former co-chief executive of Aberdeen Standard, has made its first acquisition under its new business strategy. Martin Gilbert bought into AssetCo in January this year and joined as chair, alongside fellow ...

FASEA approves two degrees

KARREN VERGARA  |  MONDAY, 17 MAY 2021
The Financial Advisers Ethics and Standards Authority has added two degrees to its approved list of courses. Any bachelor's degree with a major in financial services that commenced from March 2021 at Southern Cross University has been given FASEA's ...

COVID support temporarily improves inequality

KANIKA SOOD  |  MONDAY, 17 MAY 2021
The equity gap between young and old Australians narrowed after a seven-year widening streak but the improved fortunes of the young may be short-lived, says the Actuaries Institute. Calling it "a year like no other", Actuaries Institute's Intergenerational ...

Chief economist update: A half-glass full look at inflation

BENJAMIN ONG  |  MONDAY, 17 MAY 2021
... market expectations for a nearly 1 million gain (978,000 to be exact). What's more, revisions to February (+68,000) and March (-146,000) estimates combined to show that employment was 78,000 less than previously reported. Likewise, the unemployment ...

Chief economist update: Be afraid of inflation expectations

BENJAMIN ONG  |  FRIDAY, 14 MAY 2021
US Federal Reserve Bank of St. Louis president James Bullard's recent virtual presentation provided a timely venue for the Fed to push back on inflation fears that drove equity markets down a day before. The Federal Reserve Bank of St. Louis' ...

Chief economist update: Inflation scare

BENJAMIN ONG  |  THURSDAY, 13 MAY 2021
Wall Street's down! All four US benchmark equity indices dropped overnight - the Dow by 1.99; the S&P 500 by 2.1%; the Nasdaq composite by 2.7%; and the Russell 2000 by 3.3%. The yield on 10-year US bonds increased to 1.70% from 1.62% the day before. ...

Lonsec appoints chief executive

KANIKA SOOD  |  WEDNESDAY, 12 MAY 2021
The ratings house has appointed a new chief executive, after it announced Charlie Haynes's impending departure last month. Former Xplore Wealth chief executive Michael Wright will now lead Lonsec, after the ASX-listed platform business was bought ...

Low FASEA pass rate continues

ELIZABETH MCARTHUR  |  WEDNESDAY, 12 MAY 2021
The March FASEA exam results show that January's lower pass rate may become a trend in 2021. A total of 69% of candidates passed the March exam, better than the 67% that passed in January but below the 76% that passed in November last year. The ...

Chief economist update: Iron ore is the glue that binds China and Australia

BENJAMIN ONG  |  TUESDAY, 11 MAY 2021
The price of iron ore continues to heat up. It broke above the all-time high of US$191.70 a tonne recorded more than 10 years ago (February 2011) on 6 May 2021 and is currently fetching 215.48/tonne. This represents a 31.4% increase from end-2020's ...