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Showing 101 - 110 of 2971 results for "Overnight"

Chief economist update: A vaccine and a better vaccine

BENJAMIN ONG  |  TUESDAY, 17 NOV 2020
... better COVID-19 vaccine sent both the S&P 500 index and the Dow Jones Industrials Average soaring to new record highs overnight. Here's the news Factset prepared earlier: "Moderna (MRNA-US ) said on Monday that its coronavirus vaccine candidate is ...

Chief economist update: October rate cut?

BENJAMIN ONG  |  THURSDAY, 24 SEP 2020
... the markets. The Australian dollar dropped from US$0.7171 to US$0.7115 and continued to fall to as low as US$0.7060 in overnight trade. The bank bill swap rate dropped to a record low of 0.08%, the three-year Australian bill rate fell to 0.19%, and the ...

Industry, APRA mull super merger costs

JAMIE WILLIAMSON  |  THURSDAY, 17 SEP 2020
... reach 10 basis points, a cost that has a greater impact on smaller funds as they could see their reserves wiped out overnight. As such, Nance confirmed that some industry participants are currently discussing alternatives with APRA. "A few of us are ...

Aware Super joins forces with Dutch pension fund

ALLY SELBY  |  THURSDAY, 17 SEP 2020
... serviced apartment chain across major European capital cities. The asset owners announced the agreement with City ID overnight, set to see the aparthotel provider grow its portfolio to a gross asset value in excess of $810 million (€500 million) over ...

New law backs choice of fund

KARREN VERGARA  |  WEDNESDAY, 26 AUG 2020
... super fund dictated by their employer. The Treasury Laws Amendment (Your Superannuation, Your Choice) Bill 2019 passed overnight to give about 800,000 employees the choice which superannuation fund their retirement savings should be invested. New workers ...

Chief economist update: Worse news is better news

BENJAMIN ONG  |  THURSDAY, 20 AUG 2020
... than yesterday But not as much as tomorrow..." - Spiral Starecase The S&P 500 index closed 0.4% lower to 3374.85 points overnight, failing to push above the previous trading day's record high finish of 3389.78 points... but not before hitting a fresh ...

S&P 500 rebounds from COVID-losses

ELIZA BAVIN  |  WEDNESDAY, 19 AUG 2020
The S&P 500 closed at a record high overnight, rebounding from the massive COVID-19-related losses that have rocked global markets. The index closed above its February high, marking the shortest bear market in history, surging around 55% since March ...

Chief economist update: Cheaper prices not a bargain

BENJAMIN ONG  |  THURSDAY, 30 JUL 2020
... Australia (RBA) has already stressed that it won't go negative but as US Federal Reserve chair Jerome Powell reiterated overnight: "The path of the economy will depend significantly on the course of the virus."

Chief economist update: The next generation

BENJAMIN ONG  |  WEDNESDAY, 22 JUL 2020
It didn't happen overnight, but it did happen. After five days of deliberation, negotiation and compromise, leaders of the 27 governments that make up the European Union (EU) unanimously agreed to an unprecedented €750 billion "Next Generation ...

Pitcher Partners promotes six

KANIKA SOOD  |  TUESDAY, 30 JUN 2020
... Brisbane while Keiran Wallis is a partner in corporate finance, also in Brisbane. "Today's news does not come as an overnight decision. It has been years in the making for our colleagues, whom have demonstrated consistent care and commitment to our clients ...