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Showing 1131 - 1140 of 5261 results for "Jan"

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 10 MAY 2021
Wall Street benchmark equity indices closed on the up and up on May 7 - the Dow and the S&P 500 index even rallied new record highs -- the same day the US Bureau of Labor Statistics (BLS) revealed disappointing labour market stats. The US economy added ...

Chief economist update: Did the BOE just announce taper?

BENJAMIN ONG  |  FRIDAY, 7 MAY 2021
This month the Bank of England's (BOE) monetary policy committee decided to keep the existing stance of monetary policy unchanged; the Bank Rate remains at a record low 0.1% and QE at £895 billion. But buried in the "Monetary Policy Summary and ...

Chief economist update: Japan's elusive virtuous cycle

BENJAMIN ONG  |  THURSDAY, 6 MAY 2021
As expected, the Bank of Japan's (BOJ) monetary policy board decided to keep current settings unchanged at its April meeting. Ever the optimist, the BOJ summarised its view in its "Outlook for Economic Activity and Prices (April 2021)" report, saying ...

Generation Life awards tech mandate

KARREN VERGARA  |  WEDNESDAY, 5 MAY 2021
Generation Life has awarded technology firm FRS a mandate to provide pricing and reporting for its investment bonds. Financial Risk Solutions (FRS) will provide an investment administration solution for its new investment-linked lifetime annuity and ...

Bill and Melinda Gates to divorce

ELIZABETH MCARTHUR  |  TUESDAY, 4 MAY 2021
Bill and Melinda Gates have filed for divorce and will now set about dividing their US$130 billion fortune. A petition for dissolution of their marriage was filed by the couple in King County, Washington. They have been married since 1 January 1994. ...

Evergreen partners with Generation Life

KANIKA SOOD  |  MONDAY, 3 MAY 2021
Evergreen Consultants has launched a multi-asset portfolio with 18 external managers that is implemented via Generation Life's tax-effective structure. The Evergreen Responsible Growth Model is a tax-effective investment bond that will target a ...

ASIC appoints new chair, deputy chair

ELIZABETH MCARTHUR  |  THURSDAY, 29 APR 2021
ASIC has appointed a new chair to replace James Shipton and a deputy chair. Perth-based lawyer Joe Longo has been appointed chair and the ACCC's Sarah Court also joins the regulator as deputy chair. "On behalf of the ASIC Commission and team I'd ...

Westpac settles life insurance class action

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 APR 2021
... announcement to the ASX that the settlement is still subject to Federal Court approval. Shine Lawyers head of class actions Jan Saddler said the settlement is a great outcome for the class action members. "We encourage all those customers of Westpac ...

Draft regulation on YFYS released

KANIKA SOOD  |  WEDNESDAY, 28 APR 2021
The government has conceded to industry demands on administration fees and unlisted assets' treatment in the new APRA performance tests, as it finally releases draft regulation for the Your Future, Your Super reforms. It has agreed to include administration ...

Go, iron ore, go

BENJAMIN ONG  |  WEDNESDAY, 28 APR 2021
... at 2.97 million tonnes, up from 2.94 million tonnes in December and compared with a daily average of 2.58 million tonnes in Jan-Feb, 2020, according to Reuters calculations." For a very brief while, there were concerns that China's efforts to curb ...