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Showing 111 - 120 of 2971 results for "Overnight"

Zurich pledges to COVID-19 support

ELIZA BAVIN  |  TUESDAY, 2 JUN 2020
... new demographic groups who have never had to ask for food assistance before and we know this problem will not be fixed overnight." "In the past month, we have sourced more key staple foods than in the three years prior to COVID-19. Through our established ...

Chief economist update: Powell blamed for fall on Wall Street

BENJAMIN ONG  |  THURSDAY, 14 MAY 2020
... chair Jerome Powell, it was. Today's headlines not only infer, but blame your words for the fall on Wall Street overnight. The Wall Street Journal published: "The Dow Jones Industrial Average dropped more than 500 points Wednesday after Federal Reserve ...

Morningstar downgrades two Vanguard funds to neutral

KANIKA SOOD  |  WEDNESDAY, 13 MAY 2020
... investing for four decades and will continue to do so," a spokesperson for the company said. "Fee changes are not decided overnight. Our process driven approach to determining which funds are eligible for fee changes takes time, as does ensuring all ...

Markets slump as US jobless claims hit 30m

ALLY SELBY  |  FRIDAY, 1 MAY 2020
US bourses fell overnight after data revealed 3.8 million Americans filed for unemployment last week. Over the past six weeks, 30.3 million Americans have filed claims for unemployment benefits as businesses shutter thanks to coronavirus shutdowns. ...

Markets react as antiviral drug disappoints

ALLY SELBY  |  FRIDAY, 24 APR 2020
News that a highly anticipated antiviral drug hoped to treat COVID-19 had flopped in human trials saw markets fall overnight. Originally reported by the Financial Times, the publisher said Gilead Sciences antiviral drug remdesivir did not reduce the ...

The domino effect: Oil falls, markets follow

ALLY SELBY  |  TUESDAY, 21 APR 2020
Despite all the jaw dropping falls that investors have endured during the COVID-19 crisis, the US oil price crash overnight may just be the worst. The price of West Texas Intermediate crude oil for May plunged more than 190% during trade on Monday ...

Global markets bleed red

ALLY SELBY  |  THURSDAY, 16 APR 2020
... the spreading coronavirus, with Citibank, Bank of America, JP Morgan and Wells Fargo all recording share price losses overnight (5.64%, 6.49%, 4.93% and 5.77% respectively). As earnings season reveals the true damage of COVID-19, Goldman Sachs disclosed ...

Will COVID-19 kill the balanced option?

ELIZABETH MCARTHUR  |  THURSDAY, 9 APR 2020
... the thing that made you successful is often what comes back to bite you and then another factor becomes the new hero overnight." APRA has attempted to cut through the confusion around risk with its Standard Risk Measure (SRM). Although, according to ...

Wall Street surges as Sanders drops out, Wuhan reopens

ALLY SELBY  |  THURSDAY, 9 APR 2020
News that Wuhan, the epicentre of the COVID-19 pandemic, has now opened for business saw Wall Street surge overnight, with the S&P 500 once again entering bull market territory. From its March 23 lows, the S&P 500 has surged 23%, signifying the end ...

Wall Street rally runs out of steam

ALLY SELBY  |  WEDNESDAY, 8 APR 2020
... York City alone, with 398,185 confirmed cases of the virus in the US. Although US markets have suffered slight falls overnight, they have rallied about 20% since their March 23 lows. Currently, as expected, the S&P/ASX 200 is following moves in the US ...