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Showing 1241 - 1250 of 6910 results for "Economy"

Chief economist update: Yuan the victim of China's success

BENJAMIN ONG  |  FRIDAY, 15 JAN 2021
... globe, the Politburo's swift, decisive and draconian measures to control the coronavirus outbreak have prevented the economy from suffering a recession that most other economies did or are still under. After contracting by 6.8% in the year to the ...

Chief economist update: China on my mind

BENJAMIN ONG  |  THURSDAY, 14 JAN 2021
The All Ordinaries index finished 2020 with a gain of 0.7%. Nothing to write home to mother about, especially compared with the 16.3% and 16.0% surge in the S&P 500 and the Nikkei-225, respectively, over the same period. However, the local bourse's ...

Lack of diversity major business risk: SSGA

RACHEL ALEMBAKIS  |  WEDNESDAY, 13 JAN 2021
Racial and ethnic inequity is a systemic risk that "threatens lives, companies, communities, and our economy", according to one of the largest global fund managers. State Street Global Advisors (SSGA) president and chief executive Cyrus Taraporevala ...

Chief economist update: COVID with a vengeance

BENJAMIN ONG  |  WEDNESDAY, 13 JAN 2021
Brexit is over. But even before the UK and the EU shook hands on the post-Brexit trade and cooperation pact on 24 December 2020 and before the ink on the signatures of European Commission President Ursula von der Leyen, European Council President Charles ...

Sydney boutique hires former Franklin PM

KANIKA SOOD  |  TUESDAY, 12 JAN 2021
... is joining us at the beginning of a decade in which we will see sustainability dramatically impact most of the global economy and his wealth of global equity management experience will enhance our capacity to take advantage of the increasingly broad ...

Chief economist update: No pandemic on Wall Street

BENJAMIN ONG  |  MONDAY, 11 JAN 2021
... implemented by the government, along with the Fed's interest rate reduction and QE, mitigated the negative impact on the economy. Low and lowered interest rates induced TINA (there is no alternative) trade as investors sought better returns in the ...

MLC Life Insurance raises $650 million

KANIKA SOOD  |  WEDNESDAY, 6 JAN 2021
... performance continuing beyond next year [2021] is of concern in light of the increased unemployment rate due to worsening economy impacted by COVID-19 and expected increase in claims payment and cancellations etc. relating to such developments," Nippon ...

DomaCom partners for Sharia-compliant home loans

KANIKA SOOD  |  MONDAY, 21 DEC 2020
... said in ASX filings. The firms said 771,000 Australians are estimated to be Muslim in 2020, citing the Global Islamic Economy Report 2020. Of this, 95% say Islam is either very important or important to their identity. About half of Australia's total ...

Hume promoted to cabinet

ANNABELLE DICKSON  |  MONDAY, 21 DEC 2020
... technology has been promoted to ministry in an expanded role that will see her take on responsibility for the digital economy. Prime Minister Scott Morrison announced Jane Hume will join ministry as minister for superannuation, financial services and ...

Chief economist update: Government spending made money, saved money

BENJAMIN ONG  |  FRIDAY, 18 DEC 2020
... the COVID-19 Response Package and $74 billion under the JobMaker Plan." The Federal Treasury unleashed stimulus onto the economy: "To responsibly deal with the greatest challenge of our time and rebuild our economy and secure Australia's future...to ...