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Showing 91 - 100 of 328 results for "Pledge"

Global stocks plunge as COVID-19 fear accelerates, oil crashes

ALLY SELBY  |  TUESDAY, 10 MAR 2020
... global markets conditions are "panicked". "Already vulnerable amid the unfolding coronavirus crisis, Saudi Arabia's pledge to flood global oil markets with extra supply kicked market participants in the guts at precisely the worst possible time," ...

Unsatisfied HESTA members head for exit

ELIZABETH MCARTHUR  |  THURSDAY, 27 FEB 2020
An activist group who met with $50 billion industry fund HESTA following a protest have revealed that several from their group were so disappointed with the outcome of the meeting that they're leaving the fund. Healthy Futures is an organisation ...

Chief economist update: Who's afraid of COVID-19?

BENJAMIN ONG  |  TUESDAY, 25 FEB 2020
Equity markets appeared to be immune several weeks after COVID-19 first made global headlines - it was known as "novel coronavirus" then - with the S&P 500 index and the S&P/ASX 200 index, among others, even hitting record highs. Even heavily-hit China's ...

Chief economist update:China prepares anti-viral injection

BENJAMIN ONG  |  MONDAY, 3 FEB 2020
"Fear of death is worse than death itself..." - Gosho Aoyama The rate of infection from the coronavirus continues to multiply and, along with it, the sense of panic that has resulted in an almost worldwide ban on travel to and from China, complete lockdown ...

La Trobe, State Super donate to bushfire appeal

ELIZABETH MCARTHUR  |  THURSDAY, 9 JAN 2020
La Trobe Financial is set to donate $1 million to the bushfire relief effort, while State Super has said it will donate $10,000 and match each donation made by its employees. La Trobe has announced it will donate $1 million, split between the Salvation ...

FSC, super sector steps up for bushfire affected

HARRISON WORLEY  |  WEDNESDAY, 8 JAN 2020
Major players in the wealth management industry are taking steps to help those affected by the ongoing bushfires, with the crisis also sparking debate over whether early access to superannuation savings should be made available. This week the Financial ...

FPA offers pro bono support to bushfire victims

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 JAN 2020
The Financial Planning Association of Australia is establishing a pro bono program where members can volunteer their time to help Australians impacted by the ongoing bushfire crisis. "The FPA community supported those who suffered in the 2009 Black ...

Chief economist update: Australia burns

BENJAMIN ONG  |  MONDAY, 6 JAN 2020
What could have been a good start to the New Year for financial markets - the US and China are set to sign the "phase one" trade deal agreement on January 15 and Brexit has become less uncertain - marred by renewed war (the real war) tensions between ...

Pension fund appoints new investment lead

JAMIE WILLIAMSON  |  THURSDAY, 19 DEC 2019
A $228 billion US pension fund has appointed a new chief investment officer after 25 years at the fund. Jerry Albright is stepping down as chief investment officer at the Teacher Retirement System of Texas this month. He will continue to serve as senior ...

Chief economist update: Stock rally heralds 2020 cheer

BENJAMIN ONG  |  THURSDAY, 19 DEC 2019
The stock market is considered a forward-looking mechanism. That is, stock prices peak ahead of a reversal in economic growth. They start ascending before the economy starts to expand. If so, the rally in most equity markets around the world we've ...