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Showing 1451 - 1460 of 4004 results for "Cut"

Dovish Fed, hawkish BOC

BENJAMIN ONG  |  THURSDAY, 13 JUL 2017
Janet's in the house. US Fed Chair Janet Yellen's much-awaited testimony did not differ greatly from what was already divulged in the FOMC statement released on 14 June - when the Fed raised the fed funds rate by 25 basis points to 1%-1.25%. In her ...

Australian end of financial year sale

BENJAMIN ONG  |  FRIDAY, 30 JUN 2017
It appears Australian equities will end the final day of FY2016-17 with an EOFYS (end of financial year sale) gauging from the heavy selling on Wall Street and Europe overnight. The S&P 500 index closed 0.9% lower last night (the Nasdaq even more, down ...

Human Super appoints inaugural chief executive

EMMA RAPAPORT  |  MONDAY, 26 JUN 2017
A former head of investment trusts marketing at J.P. Morgan Asset Management has been appointed the inaugural chief executive of Human Super. Pascale Helyar-Moray will take leadership of the newly launched product effective immediately and hopes to ...

Looming super reforms benefit millions

JAMIE WILLIAMSON  |  FRIDAY, 23 JUN 2017
... using electronic transfers to boost their superannuation to act ahead of next week's deadline, predicting some will miss the cut and need to withdraw contributions, or risk a substantial tax. According to CFS, one in five customers missed the 30 June ...

Good oil, bad oil

BENJAMIN ONG  |  FRIDAY, 23 JUN 2017
... to the net positive impact of lower oil prices on economic activity. This is because lower oil prices are a 'de facto' tax cut for consumers, raising disposable income and lifting household consumption. At the same time, lower oil prices reduce business ...

Eurozone gaining momentum

BENJAMIN ONG  |  THURSDAY, 22 JUN 2017
The US Federal Reserve took another step towards policy normalisation at its June FOMC meeting - announcing another 25 basis point lift in the fed funds rate from one to 1.25% (the second this year) while at the same time giving notice that it would ...

Oil's not so slick

BENJAMIN ONG  |  TUESDAY, 20 JUN 2017
... around the US$50 per barrel psychological level as speculators front-run the November 2016 deal and the January 2017 output cut implementation but quickly retreated. The same is happening again after the May 25 extension. Crude oil traded above the psychological ...

Link rebrands managed fund admin subsidiary

JAMIE WILLIAMSON  |  MONDAY, 19 JUN 2017
Link Group has rebranded the $43 billion managed fund administrator it acquired last year. White Outsourcing, purchased by Link from Steadfast Group in December 2016, will now be known as Link Fund Solutions and will be part of Link's Corporate Markets ...

Central Banks fail to disappoint

BENJAMIN ONG  |  MONDAY, 19 JUN 2017
Central bank decisions, forward guidance or even a word change in policy statements move markets. Not that anyone has to be reminded about this truism of course. The world's four major central banks - the Fed, the ECB, the BOJ and the BOE - and the ...

Vale John O'Connell

EMMA RAPAPORT  |  THURSDAY, 15 JUN 2017
John O'Connell, founder and chief investment officer of the Macquarie Group-owned robo-advice venture Owners Advisory, has passed away at the age of 53. O'Connell had a long and distinguished career at Macquarie, starting as a senior analyst in the ...