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Showing 1341 - 1350 of 2994 results for "February 2007"

Chief economist update: Shanghai's drop is China's problem, the yuan's slide is everyone's

BENJAMIN ONG  |  THURSDAY, 28 JUN 2018
The Shanghai Composite index's drop into bear market territory may have elicited some negative Trump thoughts, but China's response - through the accompanying depreciation of the yuan may have been "I'm taking you with me." Such is the ugliness ...

Australian Unity creates IFA leadership role

JAMIE WILLIAMSON  |  WEDNESDAY, 27 JUN 2018
The former acting chief executive of Count Financial is taking on a newly-created leadership role within Australian Unity's financial advice business. Michael Csavas is joining Australian Unity as general manager, self-employed advice; a new role ...

NAB names wealth advocate

KARREN VERGARA  |  TUESDAY, 26 JUN 2018
NAB appointed a wealth customer advocate tasked with lifting the standards of the banking group's financial advice complaints process. Clare Petre is the new independent customer advocate for customers, overseeing products, services and advice. She ...

Chief economist update: Fed flattens the yield curve

BENJAMIN ONG  |  THURSDAY, 14 JUN 2018
Given the US equity market's reaction to the latest US Federal Reserve missive, one would think that Wall Street is against strong(er) growth. All major benchmark indices - DJIA, S&P 500, Nasdaq and Russell 2000 - closed lower after the Fed announced ...

AMP adds legal expert to board

KARREN VERGARA  |  TUESDAY, 12 JUN 2018
AMP is welcoming a legal and regulatory expert to its board in an effort to rebuild the company. John O'Sullivan joins AMP as a non-executive director effective 20 June 2018. He was a partner at Freehill Hollingdale & Page (now Herbert Smith Freehills) ...

BAT stocks worse than FANGs: SSGA

KANIKA SOOD  |  WEDNESDAY, 6 JUN 2018
Baidu, Alibaba and Tencent, the emerging-market equivalents of FANG stocks are even more expensive, higher risk and lower quality than their US counterparts, according to State Street Global Advisors. A May strategy highlights note written by SSGA chief ...

Chief economist update: A prelude to an RBA cut?

BENJAMIN ONG  |  WEDNESDAY, 6 JUN 2018
The Reserve Bank of Australia (RBA) didn't disappoint when it kept the official cash rate unchanged at a record low 1.5% following its June 5 board meeting. Except for a few tweaks in the wordings here and there, RBA Governor Philip Lowe's statement ...

Chief economist update: Rush hour is over for the BOE

BENJAMIN ONG  |  TUESDAY, 5 JUN 2018
We are one and we are many, and all of us don't expect any movement from the Reserve Bank of Australia (RBA) when it meets at 2.30pm today for its monthly monetary policy deliberations. Yes Virginia, RBA Governor Philip Lowe has already gone on ...

Industry fund welcomes new investment head

JAMIE WILLIAMSON  |  MONDAY, 4 JUN 2018
A senior consultant from Frontier Advisors has joined the leadership team of a $27 billion industry superannuation fund. Daniel Selioutine has been named as head of investment at ESSSuper, overseeing the ESSSuper Accumulation Fund and ESSSuper's wider ...

Outlook darkens for bank stocks

KANIKA SOOD  |  THURSDAY, 31 MAY 2018
Major bank stocks could tumble up to 40% if the correction in the housing market gets more disorderly, UBS analysts led by Jonathan Mott said in a research note dated May 30. However, this "credit crunch" is not yet UBS' base case, even though it ...