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Showing 111 - 120 of 510 results for "Authorities"

Surprise $56 billion bid for London Stock Exchange

ELIZA BAVIN  |  THURSDAY, 12 SEP 2019
... believes that the two businesses are highly complementary and as such, looks forward to working with the relevant authorities to deliver a clear path to completion." The LSE said it will consider the proposal, but is committed to making progress on its ...

Chief economist update: Greater than the Great Recession of 2008

BENJAMIN ONG  |  THURSDAY, 15 AUG 2019
... most effective, the Member Banks are likely to be timid about buying new investments or making loans. If the Reserve authorities buy government bonds in the open market and thereby swell bank reserves, the banks will not put these funds to work but will ...

Sam Henderson cops ASIC ban

KANIKA SOOD, JAMIE WILLIAMSON  |  WEDNESDAY, 24 JUL 2019
... McKenna followed the advice, she would have forfeited a $500,000 deferred benefit available to her under her State Authorities Superannuation Scheme (SASS) account. Unfortunately, ASIC said another client received the same advice and ended up losing ...

British MPs prod own pension fund

KANIKA SOOD  |  WEDNESDAY, 29 MAY 2019
... Parliament need to say, 'Divest Parliament'." That would show leadership both to public schemes, particularly in local authorities, and to the wider sector," Davey said. The pension fund manages about £730 million in total assets, as at the end of last ...

Chief economist update: The (trade) war is back on

BENJAMIN ONG  |  MONDAY, 13 MAY 2019
... breakdown in trade negotiations - and the potential for an escalation - necessitates continued policy support from Chinese authorities. In response to the negotiation breakdown, the PBOC stressed it has sufficient tools to support and stabilise the economy. ...

Chief economist update: RBA May cut, May not

BENJAMIN ONG  |  FRIDAY, 3 MAY 2019
... the global economy remains reasonable, although growth has slowed and downside risks have increased... In China, the authorities have taken steps to ease financing conditions," it said. China's - our biggest trading partner - economy has responded ...

Chief economist update: China and the spring in its step

BENJAMIN ONG  |  THURSDAY, 18 APR 2019
... months. The timely counter-cyclical measures by both the People's Bank of China (PBOC) and the country's fiscal authorities are starting to bear fruit. The People's Bank of China cut the reserve requirement ratio (RRR) - 0.5% on 15 January ...

Chief economist update: Equity market rally has legs

BENJAMIN ONG  |  TUESDAY, 16 APR 2019
... extrapolate growth in the global economy... if everything remains the same." But they don't. Fiscal and monetary authorities react. The experience of the GFC just a decade before is a perfect example. The same thing is happening now as I write. The ...

Chief economist update: Japan should raise taxes another day

BENJAMIN ONG  |  WEDNESDAY, 27 MAR 2019
... across the globe is guarding against. But there's one major risk that is unique to Japan -- risk that Japanese authorities can mitigate or defer for times a-plenty. Fortunately, the BOJ's policy board members acknowledged this and brought it ...

Chief economist update: Be fearful when indicators show no fear

BENJAMIN ONG  |  MONDAY, 18 MAR 2019
... slowdown in the global economy, the external force is the counter-measures by the world's central banks and fiscal authorities. The US Federal Reserve started reversal proceedings by announcing a pause in its quest to bring monetary policy back to ...