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Showing 101 - 110 of 1875 results for "Monday"

The domino effect: Oil falls, markets follow

ALLY SELBY | TUESDAY, 21 APR 2020

... overnight may just be the worst. The price of West Texas Intermediate crude oil for May plunged more than 190% during trade on Monday, hitting its lowest levels in history (-US$37.63 a barrel). Markets followed suit, with the Dow Jones shedding nearly ...

Wall Street rally runs out of steam

ALLY SELBY | WEDNESDAY, 8 APR 2020

... it's a very difficult market with nearly every sector facing major challenges." It comes after Wall Street surged 7% on Monday night on hopes that the COVID-19 pandemic had reached its peak in Europe, with the daily death toll in Italy, Spain and ...

BGH Capital, Canadian pension fund shelve NZ acquisition

KANIKA SOOD | WEDNESDAY, 1 APR 2020

... The transaction was approved by the courts and shareholders, with the last trading day set for early April. However, on Monday Abano told shareholders that the transaction was off with as a "material adverse change" had occured in the business since ...

The bulls are back

ELIZA BAVIN | FRIDAY, 27 MAR 2020

... those out of work, US$75 billion for hospitals and payments of up to US$3000 for families. The Dow finished up 21% from its Monday low, establishing it in a bull market. It was the index's strongest three-day percentage increase since 1931. As well ...

No time to look back

ELIZA BAVIN | FRIDAY, 27 MAR 2020

... bottomed out months later on 10 February 1989," Lee said. "In 1987 there was little signs of volatility until the Black Monday fall. "It was not uncommon to see moves of 5% either up or down after such an event, but in 1988 after a month moves normalised ...

Pinnacle distribution director takes new role

KANIKA SOOD | THURSDAY, 26 MAR 2020

... for a $12.8 billion multi-boutique. Duncan Hodnett will join Maple-Brown Abbott as its head of global distribution coming Monday. The newly-created role puts Hodnett in charge of Maple-Brown Abbott's business development, client services, marketing ...

Super funds revalue unlisted assets

HARRISON WORLEY | WEDNESDAY, 25 MAR 2020

... unlisted assets to the tune of 7.5% on average, leading to a 2.2% reduction to the fund's $126 billion balanced option on Monday. AustralianSuper chief executive Ian Silk said the "unique" circumstances facing the world had led the fund to revalue its ...

RBA pulls QE trigger

ELIZA BAVIN | THURSDAY, 19 MAR 2020

... exchange settlement balances at 10 basis points instead of zero. The move comes after RBA governor Philip Lowe announced on Monday the bank was standing ready "to purchase Australian government bonds". Lowe said that while COVID-19 is a public health ...

Coronavirus puts rocket under shorting ETFs

KANIKA SOOD | WEDNESDAY, 18 MAR 2020

... delivers 2 to 2.75% increase for 1% fall in the index - similar to what BBUS does for the S&P 500 Total Return Index. On Monday, when ASX reported its worst one-day fall ever, BBOZ ended the day 22.07% higher than the previous trading day's close ...

Philippines halts all trading

ELIZA BAVIN | TUESDAY, 17 MAR 2020

... and banks. The PSE has been getting hammered by the high volatility and panic selling with is gripping other markets. On Monday the PSE fell as much as 7.9% and a 15-minute trading halt was triggered twice last week when shares tumbled over 10%.

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BT appoints new head of strategy

KARREN VERGARA | 10:47AM

A former Allianz Retire+ executive has joined BT as the new head of strategy.

ASX sees trade volumes soar in May

MATTHEW WAI | 12:24PM

ASX saw a substantial growth in trade volumes last month, despite continued lackluster movement in IPOs.

Otivo launches AI-powered financial advice

MATTHEW WAI | 12:21PM

Otivo has launched a mobile app for Australians to access licensed advice powered by AI.

Munro expands access to climate focused fund

VINNY VUCAGO | 12:09PM

The Munro Global Growth Climate Leaders PIE Fund has been opened to retail investors in New Zealand.

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