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Showing 1281 - 1290 of 4160 results for "April"

Chief economist update: Hong Kong is ours

BENJAMIN ONG  |  MONDAY, 25 MAY 2020
... spread of the coronavirus under control, and economic indicators - industrial production increased by 3.9% in the year to April after dropping by 13.5% in February; the annual rate of decline in retail spending eased to 7.5% after contracting by a whopping ...

Banks urged to step up

ELIZABETH MCARTHUR  |  FRIDAY, 22 MAY 2020
... shareholders," he said. "We prefer capital buffers utilised for the first two. As a result, we wrote to banks and insurers in early April asking that they seriously consider deferring, or at least materially reducing, discretionary capital distributions ...

Small caps soar amid accelerated revolution

ALLY SELBY  |  THURSDAY, 21 MAY 2020
... with the ASX Small Ordinaries Index dropping 20%, compared to the S&P/ASX 50's fall of 17.3%. Since the beginning of April, both small and large caps bounced back - with small caps disproportionately reaping the rewards of the COVID-19 recovery. ...

Boom time for exchanges

KANIKA SOOD  |  THURSDAY, 21 MAY 2020
... NASDAQ, saw an 11% year on year increase in its net revenue for the first quarter to US$701 million, in results announced on April 22. NASDAQ's revenue is split across non-trading segments (which increased 7%) and market services revenues (which ...

US pension funds approach point of no return

JAMIE WILLIAMSON  |  THURSDAY, 21 MAY 2020
... with US$20 billion requested in direct assistance for pensions as part of a wider US$42 billion bailout request mad in mid-April. The move has been met with widespread criticism, with the editorial board of the Chicago Tribune saying the use of COVID-19 ...

Magellan remains cautious, for now

HARRISON WORLEY  |  THURSDAY, 21 MAY 2020
... funds. Having increased the cash balances across both its high conviction and global equities funds strategies by the end of April, Magellan wants to see a meaningful reduction in the risk associated with the global macro backdrop, such as through the ...

Warren Buffett allegedly conned by German company

KANIKA SOOD  |  THURSDAY, 21 MAY 2020
... arguing that William Schultz was worth EUR 157 million at max instead of the EUR 800 million that it paid for it. In an April 8 ruling, Castparts won orders for the German company to pay it EUR 643 million to account for the difference. Wilhelm Schulz's ...

Financial stress increases despite relaxed conditions

HARRISON WORLEY  |  THURSDAY, 21 MAY 2020
... research said. Overall however, financial stress among Australians has decreased over the last month, having peaked at 30.9 on April 21. The proportion of Australians who feel the effects of COVID-19 will impact Australia's economic activity for the ...

Chief economist update: Border brawl

BENJAMIN ONG  |  THURSDAY, 21 MAY 2020
... - due to hoarding (of toilet papers) - retail sales (based on its preliminary estimate) dropped by 17.9% in the month of April. "Cafes, restaurants and takeaway food services, clothing, footwear and personal accessory retailing, and department stores ...

Australia approaches fiscal cliff: UBS

ALLY SELBY  |  WEDNESDAY, 20 MAY 2020
... decrease in the May LFS reference period; albeit for a cumulative drop of ~882k since March, which is much larger than the April LFS which showed employment fell 'only' 594k m/m (albeit still a record fall)," UBS said. The JobKeeper package had ...