Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1081 - 1090 of 1326 results for "Pandemic"

Chief economist update: Eurozone contraction heads from mild to severe

BENJAMIN ONG  |  THURSDAY, 28 MAY 2020
... European Central Bank (ECB) launched a new €750 billion asset purchase programme in March in response to the coronavirus pandemic. The following month, it lowered the interest rate on TLTRO III - emergency lending to banks - and announced a new series ...

Super escapes COVID-19 hit

HARRISON WORLEY  |  WEDNESDAY, 27 MAY 2020
... statistics show the super industry contracted over the latest quarter, as markets were sent into meltdown in response to the pandemic. This however compares to an 11% fall in the SelectingSuper MySuper and Default performance index over the same period. ...

The future is fast arriving: BlackRock

ALLY SELBY  |  WEDNESDAY, 27 MAY 2020
The shock of the COVID-19 pandemic, which has now claimed more than 350,400 lives and will likely cost the global economy $1 trillion, has set off a chain reaction that will forever change our long-term return expectations and strategic allocations. ...

Government offers guidance provision relief

HARRISON WORLEY  |  TUESDAY, 26 MAY 2020
... government is able to make the changes by utilising the instrument-making power within the Act as part of its response to the pandemic. "The heightened level of uncertainty around companies' future prospects as a result of the crisis also exposes companies ...

MetLife Australia partners with Foodbank

KANIKA SOOD  |  TUESDAY, 26 MAY 2020
... ultimately overall standard of living," MetLife said in a statement. "We know that many Australians are struggling during this pandemic and we're supporting Foodbank Australia because they are directly helping thousands of Australians in need...We also ...

Year-long delay for super merger

KANIKA SOOD  |  TUESDAY, 26 MAY 2020
... monitoring the impact of COVID-19 on all of the plan's service providers as well as Sunsuper. The disruption due to the pandemic will inevitably affect planning for the SFT and it is possible that the re-scheduled transfer date of 14 November may have ...

Chief economist update: Japan reopens for business

BENJAMIN ONG  |  TUESDAY, 26 MAY 2020
... private spending tanked after the government lifted the consumption tax from 8% to 10% in October 2019 - the COVID-19 pandemic lopped another 3.4% (annualised) off the economy. So much so that Japan's consumer price inflation measures have U-turned ...

Super not sacred: Rice Warner

HARRISON WORLEY  |  MONDAY, 25 MAY 2020
... choose to do more with the findings of the soon-to-be-revealed retirement income review than it might have done if the pandemic had not struck. While accepting wholesale changes to the industry are likely to prove unpopular and thus "difficult to introduce" ...

Create coalitions for change: Martin Currie

ALLY SELBY  |  MONDAY, 25 MAY 2020
... financial risk and return. "As the pressures of human activity on our planet become increasingly impactful - whether through pandemic risk, climate threat or biodiversity loss - asset managers must make their voices heard." The firm held 178 one-on-one ...

Chief economist update: Hong Kong is ours

BENJAMIN ONG  |  MONDAY, 25 MAY 2020
The COVID-19 pandemic was both a curse and a blessing (for lack of a better word) for China's Politburo. Social restrictions and lockdowns imposed by the powers-that-be to contain the virus sent the economy plunging 6.8% in the year to the March ...