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Showing 1361 - 1370 of 2955 results for "August 2014"

The British pound's sterling reversal

BENJAMIN ONG  |  MONDAY, 18 SEP 2017
Now that's how you jawbone a currency. The British pound soared to pre-Brexit levels against the US dollar and the Japanese yen - and to a two-month high against the strengthening euro - at the close of last week's trading. And no, it's not because ...

China slows to target

BENJAMIN ONG  |  FRIDAY, 15 SEP 2017
Li gets what Li likes. A day after the executive meeting of China's State Council chaired by Premier Li Keqiang resolved to continue supply-side structural reforms aimed at "reining in excessive production capacity, reducing corporate costs and improving ...

Not happy enough

BENJAMIN ONG  |  THURSDAY, 14 SEP 2017
Australian consumers are happier in September than last month. The Westpac-Melbourne Institute (WBC-MI) index of consumer sentiment jumped by 2.5% to a reading of 97.9 this month from 95.5 in August with nearly all the survey's sub-indices recording ...

Divergent business confidence

BENJAMIN ONG  |  WEDNESDAY, 13 SEP 2017
... Bank Business (NAB) Survey shows while business conditions remain robust - rising from a reading of 14 in July to 15 in August (the highest level since January 2008) - confidence among businesses deteriorated significantly - down from 12 to five (the ...

Shaw and Partners leverages success to grow SMA menu

JAMIE WILLIAMSON  |  TUESDAY, 12 SEP 2017
Shaw and Partners added eight new separately managed account strategies in response to growing client demand for access to a greater number of asset classes. Since launching SMA solutions in August last year with the introduction of the Hybrid Income ...

Adviser, SMSF demand driving LIC growth

KARREN VERGARA  |  FRIDAY, 8 SEP 2017
Financial advisers and self-managed super funds are helping drive the strong demand for listed investment vehicles offering wider asset classes and a more diversified portfolio, according to a MinterEllison report. The Australian listed investment companies ...

CBA class action moves forward

KARREN VERGARA  |  TUESDAY, 5 SEP 2017
IMF Bentham today announced it will formally fund an open class action against the Commonwealth Bank relating to alleged breaches of anti-money laundering and counter terrorism financing laws. The class action will consist of shareholders who purchased ...

Who's afraid of North Korea? Not the South Koreans

BENJAMIN ONG  |  TUESDAY, 5 SEP 2017
Scary headlines over the prospect of an all-out war between North Korea and the United States (and its allies) continue to flood cyberspace. The latest of which is America's ambassador to the United Nations Nikki Haley's remark that Kim Jong-un is "begging ...

Higher and higher

BENJAMIN ONG  |  MONDAY, 4 SEP 2017
... data releases corroborate this. The Conference Board's consumer confidence index had strengthened in July (120.0) and August (122.9) compared with all three months of the second quarter - 119.4 in April, 117.6 in May and 11.73 in June - with both the ...

APRA issues warning to underperforming super funds

EMMA RAPAPORT  |  FRIDAY, 1 SEP 2017
The Australian Prudential Regulation Authority is pressing ahead with its aim to remove the superannuation industry of underperforming funds, penning a warning letter to all RSE licensees to shape up or ship out. In the letter APRA deputy chair Helen ...