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Showing 91 - 100 of 731 results for "coronavirus"

Financial sector has deep pockets for philanthropy: Report

KARREN VERGARA  |  FRIDAY, 12 FEB 2021
... philanthropic report finds that ASX-listed financial firms were among the largest donors that gave generously to the coronavirus and bushfire appeals. An analysis by Strive Philanthropy found the largest ASX-listed companies pledged $1.1 billion to philanthropic ...

Chief economist update: Light at the end of the Euro tunnel

BENJAMIN ONG  |  FRIDAY, 12 FEB 2021
... a lot like the Eurozone economy wouldn't be able to dodge a double-dip recession given tighter and/or extended coronavirus restrictions and lockdowns remain in place in many of its member countries. Eurozone GDP fell into recession in the first half ...

Chief economist update: Money plus confidence

BENJAMIN ONG  |  THURSDAY, 11 FEB 2021
... which should, in turn, see businesses consider expanding capacity through hiring or investing. There had been renewed coronavirus (and its variant) outbreaks in Australia since these surveys were conducted but state governments' prompt responses ...

Chief economist update: Nikkei not so fine

BENJAMIN ONG  |  TUESDAY, 9 FEB 2021
"Oh Nikkei, you're so fine You're so fine you blow my mind, hey Nikkei..." My apologies to Toni Basil for re-wording the lyrics to her 1981 hit "Mickey", but anyone watching the rise and rise of the Nikkei-225 index will understand. The Japanese ...

Chief economist update: The US inflation dilemma

BENJAMIN ONG  |  TUESDAY, 9 FEB 2021
... (under Clinton's) a coward? I refer of course to Madame Yellen's defence of President Biden's ginormous US$1.9 trillion coronavirus relief package against Summers' concern over the risk of an inflation outbreak. He says: Summer's admit that the economy ...

APRA releases final ERS figures

ELIZA BAVIN  |  MONDAY, 8 FEB 2021
APRA has revealed the final figures representing the impact of the government's early release of super scheme which saw 3.5 million Australians dip into their retirement savings. Over the duration of the scheme, $37.3 billion was removed from the superannuation ...

Billionaires profit from pandemic: Report

KARREN VERGARA  |  FRIDAY, 29 JAN 2021
... inequality in their respective countries. The four Australian economists who took part in the survey agreed that the coronavirus crisis would lead to an "increase or major increase" in income inequality. They believe the government didn't have an adequate ...

Chief economist update: Virus now, inflation later

BENJAMIN ONG  |  MONDAY, 25 JAN 2021
The inauguration of Joe Biden as the US's 46th president and his almost immediate buckling down to work garnered much of the media's attention last week. Hours after he was sworn in, Biden signed 17 executive orders, memorandums and proclamations ...

Jobs return to pre-pandemic levels

ELIZA BAVIN  |  THURSDAY, 21 JAN 2021
Payroll jobs had recovered to pre-COVID levels by early December 2020, according to figures released by the Australian Bureau of Statistics (ABS). ABS head of labour statistics Bjorn Jarvis said early to mid-December is a seasonal peak for jobs each ...

Chief economist update: Japan's second state of emergency

BENJAMIN ONG  |  TUESDAY, 19 JAN 2021
... declaration. Hoping for the best, "...the country's economy will likely head for a recovery as the impact of the coronavirus pandemic gradually subsides", Kuroda said. But preparing for the worst Kuroda added: "...the Bank will closely monitor the ...