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Showing 121 - 130 of 683 results for "France"

Chief economist update: Australian recession - the next generation

BENJAMIN ONG  |  THURSDAY, 4 JUN 2020
... contraction in the March 2020 quarter is top of the pops compared with the US (-1.3%), the Eurozone (-3.8%), Germany (-2.2%), France (-5.3%), Italy (-5.3), Japan (-0.9%), the UK (-2.0) and China (-9.8%). This justifies the Reserve Bank of Australia's ...

AMP defends hefty remuneration bill

ELIZABETH MCARTHUR  |  FRIDAY, 8 MAY 2020
During the AMP annual general meeting chair David Murray defended the pay packet chief executive Francesco De Ferrari and the board continue to take home despite the company's woes. The 2019 AMP remuneration report was rejected by shareholders. ...

AMP NZ wealth divestment off

ALLY SELBY  |  FRIDAY, 8 MAY 2020
AMP will no longer divest its New Zealand wealth management business, after it did not receive any offers that met the company's expectations. It also pointed to the economic and market disruption caused by the COVID-19 pandemic as a reason for ...

Chief economist update: Eurozone good news to get worse before it gets better

BENJAMIN ONG  |  TUESDAY, 5 MAY 2020
... eased lockdown and social distancing restrictions, among them the single currency region's biggest economies - Germany, France, Italy and Spain. This relative optimism is reflected in the sharp drop in the VStoxx (Euro Stoxx 50 Volatility Index) ...

Chief economist update: Labor Day mayday

BENJAMIN ONG  |  FRIDAY, 1 MAY 2020
... GDP fell by 3.8% in the March quarter. Annualised, this translates to a 14.4% drop in national (or euro-wide) output with France and Italy now in a technical recession and Germany predicting GDP growth to plummet by 6.3% this year. For sure and for certain ...

AMP bleeds $18 billion

HARRISON WORLEY  |  THURSDAY, 23 APR 2020
The market damage of COVID-19 saw AMP's wealth management arm shed more than $18 billion during the first quarter. COVID-19 has left AMP around $18 billion shorter than it was at the beginning of the year, with the economic impact of the pandemic hitting ...

Wall Street rally runs out of steam

ALLY SELBY  |  WEDNESDAY, 8 APR 2020
... night on hopes that the COVID-19 pandemic had reached its peak in Europe, with the daily death toll in Italy, Spain and France decreasing. Perpetual multi asset head of investment strategy Matt Sherwood said investors were ignoring the elephant in the ...

COVID-19 uncertainty sees AMP withdraw guidance

ALLY SELBY  |  THURSDAY, 26 MAR 2020
AMP has withdrawn its full-year 2020 outlook as a result of ongoing economic uncertainty. Announcing the move to the ASX this morning, AMP said its capital position and liquidity will help it navigate the uncertain environment but providing an accurate ...

Equities not that expensive: Hamish Douglass

ALLY SELBY  |  MONDAY, 9 MAR 2020
... 10-year bond yields that are slightly less than 1%. "And we have a number of countries around the world, we could think of France and Germany, Japan, Sweden, Switzerland, they have negative interest rates right at the moment." Quoting Warren Buffett ...

Chief economist update: The C word

BENJAMIN ONG  |  TUESDAY, 3 MAR 2020
... ministers need to ensure that their responses are "as coordinated as possible" in order to be effective, Le Maire said on France 2 television. "There will be concerted action." The power of the equity markets at its best! Sure, individual country central ...