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Showing 1531 - 1540 of 2953 results for "August 4"

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 16 AUG 2016
Empire State manufacturing survey Factory activity in the New York region softened in August with the Empire State manufacturing index falling to a reading of minus 4.21 in the month from 0.6 in the previous month and expectations for a 2.5 print. While ...

Sell everything (again?)

BENJAMIN ONG  |  MONDAY, 15 AUG 2016
... happened... Wall Street produced a trifecta. The Dow, the S&P 500 and the Nasdaq all closed at record highs on the 11th of August - a feat not seen since New Year's Eve 1999. Never mind the comparison with history, statistical probability dictates that ...

AAT upholds ASIC adviser ban

KERRIE SYDEE  |  FRIDAY, 12 AUG 2016
The Administrative Appeals Tribunal (AAT) has upheld a decision to permanently ban a Sydney finance broker. Shiv Sahay of Lidcombe NSW, was permanently banned from providing financial services and engaging in credit activity following an ASIC investigation ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 12 AUG 2016
Australia consumer inflationary expectations If it's anything to go by, the latest result from the Melbourne Institute's survey of consumer inflationary expectations, along with the resurgence in the Australian dollar, would strengthen speculation for ...

Morphic fund added to wraps

DARREN SNYDER  |  THURSDAY, 11 AUG 2016
A Sydney-based global equities manager is gaining further traction following its flagship fund being placed on several wraps and platforms. Morphic Asset Management's Global Opportunities Fund, known for its steady risk-adjusted returns, is now available ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 11 AUG 2016
... consumer confidence was in response to the Reserve Bank of Australia's (RBA) 25 bps cut in interest rates on the 2nd of August - the survey was conducted in the first four days of this month - underscored by the 10.1% jump in "time to buy a house" sub-index ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 10 AUG 2016
... is expected to improve in coming months as the RBA's 25 basis point cut in the official cash rate to 1.5% on the 2nd of August (announced after the survey) filters through into the economy. US non-farm productivity Productivity declined at an annualised ...

Central bank Olympics - the race is on

BENJAMIN ONG  |  MONDAY, 8 AUG 2016
Some of the world's major central banks have already started the race even before the opening ceremony of "Rio 2016" on the 3rd of August. Perhaps it was much too early but the European Central Bank (ECB) opted not to start running when at its governing ...

Wilson explains Aurora fund wind-up proposal

ALEX BURKE  |  THURSDAY, 4 AUG 2016
Wilson Asset Management has outlined to unitholders why the HHY fund, managed by Keybridge Capital, should be shut down. Arguing that the "expertise to manage the HHY portfolio promoted to unitholders is no longer at Keybridge," Wilson's letter referred ...

AMP Capital names new chair

MARK SMITH  |  THURSDAY, 4 AUG 2016
AMP Capital has named the person to replace long-standing chair Brian Clark when he steps down on 16 August after seven years in the role. Clark has been a director of AMP Capital since February 2008 and chairman since March 2009. Stepping into the ...