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Showing 91 - 100 of 252 results for "Tourism"

The sick short: Banking big on the coronavirus

ALLY SELBY  |  WEDNESDAY, 19 FEB 2020
... opportunities," he said. "Buying stocks like CSL and other big pharma companies is one way to play it. Shorting travel and tourism stocks is another way." It comes as Apple announced it would not meet its quarterly revenue forecast of net sales between ...

Chief economist update: Coronavirus threatens Tokyo Olympics

BENJAMIN ONG  |  FRIDAY, 7 FEB 2020
... licked, the better for everybody - more so for Japan. The Diamond Princess Cruise Ship underscores the positive impact of tourism on Japan's economy. The nearly 4000 tourists quarantined aboard the ship due to the coronavirus are now foreign income ...

Chief economist update: Coronavirus infects oil market

BENJAMIN ONG  |  TUESDAY, 4 FEB 2020
... alone will have a negative impact on other nations. The ban on Chinese tourists will aggravate this. Data from the China Tourism Authority show that Chinese tourists took 149 million trips in 2018, with total spending amounting to US$130 billion - or ...

Argo Investments' profit plunges

ALLY SELBY  |  MONDAY, 3 FEB 2020
... cash rate cut will drive equities higher, as investors throw cheap money at markets in their quest for yield. Argo said tourism operators, education providers and exporters to China are likely to be impacted by coronavirus-sparked market volatility. ...

Chief economist update:China prepares anti-viral injection

BENJAMIN ONG  |  MONDAY, 3 FEB 2020
... Caixin report China's coronavirus outbreak cost more than 1 trillion yuan ($217 billion) in losses to the restaurant, tourism and movie industries in seven days of the Lunar New Year holiday, economists estimated. "In the best-case scenario, which ...

Coronavirus in, climate change out: Costello, deVere

ALLY SELBY  |  TUESDAY, 28 JAN 2020
... a press conference in Melbourne. "We don't know how far that will spread, we don't know what it will do to the tourism industry; we don't know what it will do to infrastructure assets such as airports, airlines." Climate change, Costello ...

Aussie stocks burnt in blaze

ALLY SELBY  |  THURSDAY, 23 JAN 2020
... Cheese as two consumer staples that have been impacted by the crisis, while the report suggests weaker domestic travel and tourism could burn the bottom line of Flight Centre, Webjet, Virgin Australia, Qantas, Crown Resorts, Star Entertainment and SKYCITY ...

Chief economist update: Bushfires singe growth, surplus predictions

BENJAMIN ONG  |  WEDNESDAY, 15 JAN 2020
... funding and recovery measures in response to calls to fast-track financial and logistical support for small businesses, tourism­ operators and key regiona­l industries ravaged by the bushfire disaster," it states. That's on top of the A$2 billion ...

Hostplus, Club Super finalise merger

JAMIE WILLIAMSON  |  FRIDAY, 1 NOV 2019
... said. "Hostplus and Club Super have the same DNA, the same collective heritage, dedicated to serving members from the tourism, hospitality, sporting and recreation sectors." The newly merged fund will continue to deliver high-quality products and services ...

Macquarie, Tasplan and QIC shuffle airports

HARRISON WORLEY  |  WEDNESDAY, 2 OCT 2019
... management to significantly enhance this essential asset for the people of Tasmania and their visitors, supporting growth in tourism and making an important contribution to the local economy," Smith said. "We are pleased to be leaving the airport in ...