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Showing 1101 - 1110 of 4271 results for "Yesterday"

Australia: which way now?

BENJAMIN ONG  |  WEDNESDAY, 19 AUG 2015
... wrong end of the world. That 10.5% gain in the benchmark index has turned into a 1.5% loss as at the close of trade yesterday. It was worse for those who bought on 27 April... they're now 10.8% poorer. We can blame this on China's slowdown and the volatility ...

Senate inquiry into gender retirement income gap launched

DARREN SNYDER  |  TUESDAY, 18 AUG 2015
... retirement income gap are expected to be reviewed by March next year after the Senate was instructed to conduct an inquiry yesterday. A cross-party motion by Senators Jenny McAllister (Labor), Sean Edwards (Liberal) and Larissa Waters (Greens) was supported ...

Three for three

BENJAMIN ONG  |  FRIDAY, 14 AUG 2015
... or more effective than other numbers of things". (Wikipedia) The People's Bank of China (PBOC) must be a believer for yesterday it went for a devaluation trifecta - 1.9% Tuesday, 1.2% Wednesday and 1.1% Thursday. If financial markets panicked on the ...

Capital raising not total solution: CIFR

DARREN SNYDER  |  THURSDAY, 13 AUG 2015
... valuation policies, less attention has been paid to governance despite a strong link between governance and risk-taking. Yesterday the Commonwealth Bank announced a $5 billion capital raising that will see an opportunity for eligible shareholders to ...

Difficult year for insurance income: CBA

DARREN SNYDER  |  THURSDAY, 13 AUG 2015
... it had been a difficult year for life insurance income and more work needs to be done to make its product attractive. Yesterday the bank announced a $9.1 billion cash profit for the past financial year and insurance income was down 13% to $503 million. ...

PBOC does an SNB

BENJAMIN ONG  |  THURSDAY, 13 AUG 2015
Look ma, China's central bank must have read the piece I've written yesterday morning calling their 1.9% devaluation a mere speck. The People's Bank of China (PBOC) topped it up with another devaluation of 1.6% by the afternoon for a grand total of ...

Too much ado about a speck

BENJAMIN ONG  |  WEDNESDAY, 12 AUG 2015
It didn't happen overnight, but it happened... yesterday. That thing I mused about exactly five months ago -12 March 2015 - China devalued its currency. (http://www.financialstandard.com.au/news/view/48312386) "It is perhaps still too early for QE ...

Scrapping dividend imputation costly for retirees

DARREN SNYDER  |  TUESDAY, 11 AUG 2015
... savings. This is the belief held by Association of Superannuation Funds of Australia chief executive Pauline Vamos. Yesterday ASFA released research that showed abolishing dividend imputation would reduce the annual income of the average retiree by $4000. ...

Indian economy accelerating/slowing

BENJAMIN ONG  |  WEDNESDAY, 5 AUG 2015
It wasn't only the Reserve Bank of Australia (RBA) that didn't surprise with its unchanged policy decision yesterday, that other reserve bank did too. The Reserve Bank of India (RBI) announced no change in policy settings following the conclusion of ...

Watching out for the Hole

BENJAMIN ONG  |  FRIDAY, 31 JUL 2015
I wasn't missing a few screws after all. Yesterday, I ranted and admitted on this space that I was confused with Wall Street's reaction - it was up strongly - despite "headlines upon headlines alluding to a September lift-off". "Wall Street's positive ...