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Showing 101 - 110 of 1236 results for "Japanese"

Chief economist update: A busy 2020 for Abe, BOJ

BENJAMIN ONG  |  TUESDAY, 14 JAN 2020
... 1.8% in 2020 and 1.7% in 2021 - both raised by 0.1 pps. The World Bank report was a bit kinder on Japan, so it seems. Japanese GDP growth is expected to accelerate to 1.1% in 2019 - an upward revision of 0.3 pps - from 0.8% in 2018 and has left its forecast ...

Chief economist update: Weaker yen strengthening Japan

BENJAMIN ONG  |  THURSDAY, 28 NOV 2019
Apart from underwriting improved growth in the Japanese economy, the yen's depreciation should help in the Bank of Japan's (BOJ) efforts to bring inflation up to its 2% target. Look ma, no hands! "Merkurisumasu, soshite, akemashite omedet?!" ...

CBA wealth boss to exit

KANIKA SOOD  |  WEDNESDAY, 13 NOV 2019
... entity, christened NewCo. At the same time, it said the asset management business CFSGAM would be sold separately to Japanese giant MUFG, which was completed in late July this year. The original plan for NewCo was for it to include Colonial First State ...

Chief economist update: The yen to dictate if BOJ turns words into action

BENJAMIN ONG  |  THURSDAY, 7 NOV 2019
... words." That may be so but it appears that this generally accepted truism does not apply to the Bank of Japan (BOJ). The Japanese central bank has kept monetary on hold since it introduced quantitative and qualitative easing (QQE) with negative interest ...

Chief economist update: Is the A$ becoming a safe-haven currency?

BENJAMIN ONG  |  MONDAY, 28 OCT 2019
... of this month. The US-Australia bond yield differential also favours America - 1.8% (for the US) versus 1.1%. Like the Japanese yen, is the Australian dollar becoming a safe-haven currency? While relative US-Australia monetary policy and growth forecasts ...

Chief economist update: Japan tightens fiscal policy

BENJAMIN ONG  |  FRIDAY, 11 OCT 2019
... population and pay down its ballooning national debt (the world's highest at 238% of GDP as at 2018 end). While the Japanese government's intention is honourable, the history of past consumption tax increases aren't auspicious. The consumption ...

Chief economist update: The BOJ needs to run faster to stay in the running

BENJAMIN ONG  |  MONDAY, 23 SEP 2019
... safe-haven yen. The absence of corresponding action by the BOJ (relative to its peers) compounds the upward pressure on the Japanese yen. As such, while the US dollar has appreciated by 2.4% this year to date, it's down by 1.9% versus the yen while ...

First Sentier hires Nikko executive

KANIKA SOOD  |  TUESDAY, 17 SEP 2019
... Management Asia as a director, head of asset management operations for Asia Pacific ex Japan. Commonwealth Bank sold CFSGAM to Japanese banking giant MUFG Group last year for over $4 billion. The sale cleared all regulatory hurdles in July and CFSGAM ...

CFSGAM picks new name, updates on CBA separation

KANIKA SOOD  |  MONDAY, 16 SEP 2019
... minority investments in Aberdeen before its merger with Standard Life and in AMP Capital. The CFSGAM purchase is the Japanese giant's first major step outside of Japan in asset management. CFSGAM delivered $887 million in revenue for the year ending ...

Board addition strengthens strategic relationship

ELIZABETH MCARTHUR  |  MONDAY, 26 AUG 2019
... a non-executive director from MS&AD Insurance Group Holdings as part of its expanded strategic relationship with the Japanese insurer. Masahiko Kobayashi joins the Challenger board as part of the strategic relationship which was announced in March. The ...