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Showing 1401 - 1410 of 4004 results for "Cut"

The darling buds of inflation

BENJAMIN ONG  |  MONDAY, 15 JAN 2018
... a bonus and raise the minimum wage of its workforce to $15 an hour after the passage of the Republican tax plan that will cut the bank's corporate tax rate. AT&T said earlier Wednesday that it would pay more than 200,000 U.S. employees $1,000 each and ...

Getting better and betterer

BENJAMIN ONG  |  TUESDAY, 9 JAN 2018
There's certainly no denying that the bulls ruled Wall Street over the course of 2017 with its record breaking feat splattered all over the financial headlines one day after another. Less focused on was the fact that the S&P 500, the DJIA and the Nasdaq ...

Global asset manager appoints Aussie managing director

DARREN SNYDER  |  MONDAY, 8 JAN 2018
An investment industry veteran has stepped down from his role as managing director at the Australian office of a US-based multi-affiliate asset manager. His successor has also been named. Prior to the Christmas holidays Gregor Rennie indicated to Affiliated ...

Pre-Christmas delivery

BENJAMIN ONG  |  THURSDAY, 21 DEC 2017
So let it be re-written, so it's been passed. "I promised the American people a big, beautiful tax cut for Christmas. With final passage of this legislation, that is exactly what they are getting." (Donald Trump) The US Congress passed the long-awaited ...

Russell wins consulting mandate from $700m super fund

ALEX BURKE  |  WEDNESDAY, 13 DEC 2017
A super fund has transferred $700 million in assets to Russell Investments' implemented investment consulting service. NESS Super, which represents over 14,500 NSW-based employees in the electrical contracting, communication and associated industries ...

America is full

BENJAMIN ONG  |  MONDAY, 11 DEC 2017
There is nothing in the November US labour numbers to stop the Fed from delivering its "promised" third rate hike finale for 2017 this week. US employment increased by 228K in November following a 244K gain in October. This is greater than market expectations ...

Un-Keynesian

BENJAMIN ONG  |  TUESDAY, 5 DEC 2017
... picture is not that jolly. It's because of the deficit the US government would incur as a result. Reports had it that the tax cut would cost the government US$1 trillion versus the benefit of a 0.8% lift in GDP over the same period. Looked at this way ...

Capex brings cheer

BENJAMIN ONG  |  FRIDAY, 1 DEC 2017
"You can't make people be confident, I certainly can't. I've allowed the horse to come to the water with cheap funding. I can't make it drink." This was then RBA governor Glenn Stevens' statement to the House of Representatives Standing Committee on ...

Advisers require entrepreneurial hat

KARREN VERGARA  |  MONDAY, 27 NOV 2017
Two FS Power50 advisers told an industry conference that successful and sustainable practices were built when they began to see themselves not only as advisers but astute entrepreneurs. Story Wealth Management chief executive Anne Graham urged practice ...

BNP Paribas Asset Management restructures for efficiency

JAMIE WILLIAMSON  |  MONDAY, 20 NOV 2017
BNP Paribas Asset Management streamlined its organisational structure through the creation of a new investment group. Merging its teams from subsidiaries THEAM and CamGestion with that of its multi-asset solutions division, the multi-asset, quantitative ...