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Showing 91 - 100 of 2965 results for "Overnight"

Chief economist update: The cloud over the rainbow

BENJAMIN ONG  |  FRIDAY, 26 FEB 2021
... didn't push through with its taper - after the bond market protested and the equity markets dropped. It didn't happen overnight, but it happened once more in 2019. After lifting the fed funds rate four times in 2018 and preparing the markets in September ...

PIMCO names Asia Pacific lead

KARREN VERGARA  |  THURSDAY, 25 FEB 2021
PIMCO has named a new lead for its Asia Pacific business as part of an executive shuffle announced overnight. The global fixed income fund manager promoted Alec Kersman as the head of Asia Pacific, leaving behind his role of head of strategic accounts ...

US regulator, states sue Facebook

JAMIE WILLIAMSON  |  THURSDAY, 10 DEC 2020
... assets, labelling the actions 'revisionist history'. The FTC and 48 Attorneys General filed their respective suits overnight, claiming Facebook has used an "unlawful scheme" and illegal monopoly power to suppress competition and degrade privacy ...

Labor, unions, industry funds seethe

ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
... to be assessed, some of the findings on the legislated super guarantee increase the government selectively released overnight seem ill-founded," ISA said. "The review states that super increases are at the expense of wages growth, claiming working life ...

Chief economist update: A vaccine and a better vaccine

BENJAMIN ONG  |  TUESDAY, 17 NOV 2020
... better COVID-19 vaccine sent both the S&P 500 index and the Dow Jones Industrials Average soaring to new record highs overnight. Here's the news Factset prepared earlier: "Moderna (MRNA-US ) said on Monday that its coronavirus vaccine candidate is ...

Chief economist update: October rate cut?

BENJAMIN ONG  |  THURSDAY, 24 SEP 2020
... the markets. The Australian dollar dropped from US$0.7171 to US$0.7115 and continued to fall to as low as US$0.7060 in overnight trade. The bank bill swap rate dropped to a record low of 0.08%, the three-year Australian bill rate fell to 0.19%, and the ...

Industry, APRA mull super merger costs

JAMIE WILLIAMSON  |  THURSDAY, 17 SEP 2020
... reach 10 basis points, a cost that has a greater impact on smaller funds as they could see their reserves wiped out overnight. As such, Nance confirmed that some industry participants are currently discussing alternatives with APRA. "A few of us are ...

Aware Super joins forces with Dutch pension fund

ALLY SELBY  |  THURSDAY, 17 SEP 2020
... serviced apartment chain across major European capital cities. The asset owners announced the agreement with City ID overnight, set to see the aparthotel provider grow its portfolio to a gross asset value in excess of $810 million (€500 million) over ...

New law backs choice of fund

KARREN VERGARA  |  WEDNESDAY, 26 AUG 2020
... super fund dictated by their employer. The Treasury Laws Amendment (Your Superannuation, Your Choice) Bill 2019 passed overnight to give about 800,000 employees the choice which superannuation fund their retirement savings should be invested. New workers ...

Chief economist update: Worse news is better news

BENJAMIN ONG  |  THURSDAY, 20 AUG 2020
... than yesterday But not as much as tomorrow..." - Spiral Starecase The S&P 500 index closed 0.4% lower to 3374.85 points overnight, failing to push above the previous trading day's record high finish of 3389.78 points... but not before hitting a fresh ...