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Showing 1171 - 1180 of 1326 results for "Pandemic"

Chief economist update: Approaching peak isolation

BENJAMIN ONG  |  WEDNESDAY, 29 APR 2020
... sectors. The manufacturing PMI declined to a 133-month low reading of 36.9 in April from 48.5 in the previous month as the pandemic prompted cancellations of domestic and foreign orders. The services PMI plummeted to a record low reading of 27.0 from ...

ESG investing now mainstream: deVere

ALLY SELBY  |  TUESDAY, 28 APR 2020
... by the current situation," deVere chief executive and founder Nigel Green said. "Even before the start of the COVID-19 pandemic, ESG investments often outperformed the market and had lower volatility over the long-run." Companies with robust ESG credentials ...

ESG performing positively: MSCI

ELIZA BAVIN  |  TUESDAY, 28 APR 2020
... indexes during Q1 2020. "These results were consistent with longer-term performance," MSCI said. "As the coronavirus pandemic continues to test markets, we will continue to monitor how these ESG indexes perform." MSCI compared four global MSCI ESG indexes ...

Raiz cuts costs, super increases

ALLY SELBY  |  TUESDAY, 28 APR 2020
... these cost reduction initiatives amount to approximately $1.2 million or 8% of the total cost base." Despite the COVID-19 pandemic, Raiz said its revenue from its micro investing platform increased by 118.5% compared to the same quarter last year to ...

Property takes $237m hit

ALLY SELBY  |  TUESDAY, 28 APR 2020
... Canberra. The findings come out of the City Analytics Lab in the Futures Research Centre at UNSW, who in response to the pandemic, developed a COVID-19 Property Market Dashboard for Australia. City Analytics Lab director and chair of urban science Professor ...

ASIC urges insurance flexibility

ELIZA BAVIN  |  TUESDAY, 28 APR 2020
... insurers to introduce flexible options, such as premium deferrals or reductions, to assist consumers during the COVID-19 pandemic. ASIC issued an open letter to general and life insurers outlining its expectations during the COVID-19 pandemic. The regulator ...

Chief economist update: BOJ expands Enhancement of Monetary Easing

BENJAMIN ONG  |  TUESDAY, 28 APR 2020
... growth to -0.4 to -0.1% in FY2019 (from +0.8% to 0.9% predicted only in January - before the coronavirus turned into a pandemic) and by -5.0% to -3.0% in FY2020 (from +0.8% to 1.1%). While the BOJ largely maintained its CPI inflation forecast at +0.6% ...

Bitcoin bonanza amid COVID-19 crisis

ALLY SELBY  |  MONDAY, 27 APR 2020
... Jones and ASX 200 are still down approximately 13%, 18%, and 22% since the start of the year, respectively. "When the pandemic was declared and fear entered the market, US stock market indices fell in excess of 30% from their February highs," eToro analyst ...

Property giant kicks off capital raise

ALLY SELBY  |  MONDAY, 27 APR 2020
... sheet with a multi-million dollar institutional placement, as it moves to better withstand the impacts of the COVID-19 pandemic. In addition to the $275 million institutional capital raising, Charter Hall also announced a $25 million unit purchase plan ...

VIC, TAS lead Australia: CommSec

ELIZA BAVIN  |  MONDAY, 27 APR 2020
... latest CommSec economic rankings revealed how the state and territory economies were positioned heading into the COVID-19 pandemic. CommSec said Tasmania's economic performance ranking hasn't been this strong since October 2009. Additionally, the ACT ...