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Showing 1071 - 1080 of 1906 results for "Accel"

Chief economist update: Crying for Argentina

BENJAMIN ONG  |  MONDAY, 7 MAY 2018
The Argentinian central bank lifted interest rates, a move intended to stem the sharp and rapid depreciation of the Argentine peso and by extension put downward pressure on inflation. Whoa! Fret not whether the Fed is going to raise interest rates by ...

Fees for no service an old issue: AMP

DARREN SNYDER  |  FRIDAY, 4 MAY 2018
Responding to Royal Commission findings, AMP says its fees for no service issue is old news; preparation of a Clayton Utz report into the issue has been overstated; and its misleading representations to ASIC have also been overstated. The 28-page response ...

Chief economist update: Not as good as it gets

BENJAMIN ONG  |  MONDAY, 30 APR 2018
History was made when North Korean supremo Kim Jung-un took one step south of the Korean DMZ (demilitarised zone) to shake hands with his southern counterpart, South Korea president Moon Jae-in. An epic in itself, it invalidates Rudyard Kipling's (re-phrased) ...

Chief economist update: Inflation remains in the slow lane

BENJAMIN ONG  |  THURSDAY, 26 APR 2018
The financial markets' response to the Australian Bureau of Statistics' Consumer Price Index report was a big "HO-HUM." With the report released a day before ANZAC Day, the response could have been because market players' thoughts were on something ...

Blue Sky MD resigns

ALEX BURKE  |  MONDAY, 23 APR 2018
Blue Sky's managing director, who took over from founder Mark Sowerby in August 2016, is resigning from the company to help "rebuild market confidence." Robert Shand presided over Blue Sky during a difficult period, where US hedge fund Glaucus Research ...

Meller to leave AMP immediately

JAMIE WILLIAMSON  |  FRIDAY, 20 APR 2018
Craig Meller has stepped down as chief executive of AMP effective immediately. AMP has announced Meller will leave the role in the wake of financial advice failings and misconduct brought to light by the Royal Commission. AMP non-executive director ...

Chief economist update: The colour of Beige

BENJAMIN ONG  |  THURSDAY, 19 APR 2018
Speculators speculating on the US Federal Reserve's next monetary policy movement should pay close attention to the Beige Book Report. The "book" isn't made up of figures and numbers and stats but instead anecdotal evidence on the state of the US economy. ...

Freedom acquires bank insurance arm

KARREN VERGARA  |  TUESDAY, 17 APR 2018
Freedom Insurance Group (FIG) announced it will acquire a bank's insurance arm for $65 million. FIG has entered into an agreement to purchase St Andrew's Insurance from the Bank of Queensland in a bid to diversify its insurance products. The specialist ...

Chief economist update: Back to the shops

BENJAMIN ONG  |  TUESDAY, 17 APR 2018
The US consumer is back...and with a vengeance. Retail sales rebounded by a higher than expected 0.6% in the month of March following three consecutive months of declines - 0.1% in December, -0.2% in January, -0.1% in February - that took the annual ...

Chief economist update: Inflation is heading Fed's way

BENJAMIN ONG  |  FRIDAY, 13 APR 2018
Had it not been for Trump's attack threat on Syria (now retreat) the other day, financial markets would have been dissecting the minutes of the Fed's 20-21 March FOMC meeting. There really was nothing significant except for a sentence alluding to a ...