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Showing 1541 - 1550 of 6679 results for "Sale"

The great fall of China

BENJAMIN ONG  |  MONDAY, 20 APR 2020
Back in pre-coronavirus days, the thought that the Chinese economy would slow below the government's target of around 6.0% was enough to send chills down the spine of many investors and businesses. If memory serves me right, there were even forecasts ...

Global markets bleed red

ALLY SELBY  |  THURSDAY, 16 APR 2020
US stocks ended in a sea of red on Wednesday as bleak economic data and corporate losses shifted what had been an almost eerily optimistic sentiment towards trade over the last few weeks. US markets had made somewhat of a recovery of late, with the ...

IOOF trims operations

HARRISON WORLEY  |  THURSDAY, 16 APR 2020
... of simplifying the business around our advice-led strategy and opportunities," IOOF chief executive Renato Mota said. The sale of the New Zealand business comes hot-on-the-heels of a restructure to the firm's leadership team, which saw it promote ...

Former Wallaby banned

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 APR 2020
Simon Poidevin has been banned from financial services for five years, with the Administrative Appeals Tribunal upholding ASIC's action. Poidevin was banned along with Damien Rodr following an investigation into trading in shares of DirectMoney ...

Superannuation fund cuts pay in C-suite

KANIKA SOOD  |  TUESDAY, 14 APR 2020
Executives and directors of a $12 billion Queensland superannuation fund have committed to a 10% decrease in their remuneration until at least June 30 as the COVID-19 pandemic rolls on. LGIAsuper will fund the 10% pay cut through the executives' ...

AMP Capital wholesale property fund rejigs withdrawals

KANIKA SOOD  |  TUESDAY, 14 APR 2020
... assets from 9% previously. Asset valuations will move from quarterly to monthly unless the property is being marketed for sale, is under development or co-owned, AMP Capital said.

Chief economist update: BOK holds as infections ease

BENJAMIN ONG  |  TUESDAY, 14 APR 2020
South Korea's KOSPI index has rebounded by 26.5% from the coronavirus-induced plunge that saw it hit an 11-year low of 1457.6 points recorded on March 19 this year - reducing its 2020 year-to-date loss by more than half to -16.1% from -33.7%. Similarly ...

Trading platforms see record use

HARRISON WORLEY  |  THURSDAY, 9 APR 2020
The COVID-19 pandemic saw Australia's equity markets become a hive of activity throughout March, as self-directed investors moved to protect their portfolios from the crisis' economic fallout. Investment platform Self Wealth released its quarterly ...

Will COVID-19 kill the balanced option?

ELIZABETH MCARTHUR  |  THURSDAY, 9 APR 2020
... dramatically changes in the blink of an eye," Geffin said. "All of a sudden you can't sell an asset for anything other than a fire sale price during a liquidity crisis and others selling similar assets to you at fire sale prices cause a death spiral." ...

Sargon Capital to be liquidated

KANIKA SOOD  |  THURSDAY, 9 APR 2020
... not sufficient, it will consider pursuing its own claims against current and former Sargon Capital directors regarding the sale of the trustee businesses.