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Showing 141 - 150 of 461 results for "SUBD"

The British pound's sterling reversal

BENJAMIN ONG  |  MONDAY, 18 SEP 2017
Now that's how you jawbone a currency. The British pound soared to pre-Brexit levels against the US dollar and the Japanese yen - and to a two-month high against the strengthening euro - at the close of last week's trading. And no, it's not because ...

Currency trend is not our friend

BENJAMIN ONG  |  MONDAY, 11 SEP 2017
Only one thing is certain about floating exchange rates, they float...up and down. A currency's direction would be easier to predict if, and only if, it does not stir up reactions in the macro-economy and central bank policy responses. Take for example ...

Business conditions return to pre-GFC levels

BENJAMIN ONG  |  WEDNESDAY, 12 JUL 2017
"We continue to be pleasantly surprised by just how upbeat the business sector is, given the context of a fairly beleaguered household sector that has been weighed down by limited wages growth and record levels of debt." These are the printed words ...

AustralianSuper posts annual investment results

EMMA RAPAPORT  |  FRIDAY, 7 JUL 2017
Australia's largest superannuation fund, with more than $120 billion under management, has returned double digit returns for balanced account members. After taxes and fees, the investment option returned 12.44% for the 2016-17 financial year. According ...

Data dictates immediate BOE action

BENJAMIN ONG  |  WEDNESDAY, 5 JUL 2017
No one expected the Reserve Bank of Australia (RBA) to raise or lower the official cash rate from its current 1.5% when its board met on the 4 July, but only a few expected the Australian central bank to follow its bigger overseas peers into a more ...

EOFY: Super funds to hit double digit returns

STAFF WRITER  |  FRIDAY, 30 JUN 2017
Rainmaker analysis of super fund returns for 2016-17 shows this will be the eighth consecutive year of positive returns with cumulative returns since the GFC breaking through 90%. SelectingSuper expects the buoyant investment returns could see more ...

Confidence: the business/household divide

BENJAMIN ONG  |  WEDNESDAY, 14 JUN 2017
Yesterday's NAB Monthly Business Survey report confirmed that the first quarter slowdown in Australia's economic growth (to 1.7% from 2.4% in the December quarter) was anything but transitory. Although the business conditions index dipped by one point ...

Eurozone ascending

BENJAMIN ONG  |  WEDNESDAY, 24 MAY 2017
If Monsieur Benoit Coeure's - member of the executive board of the European Central Bank (ECB) - recent comments are any indication, don't expect any changes in ECB monetary policy settings anytime soon. Coure told his audience at a conference at the ...

No 'Plan B' for Brexit "twist and turns"

BENJAMIN ONG  |  FRIDAY, 12 MAY 2017
There were no surprises at the Bank of England's (BOE) 11 May decision to keep the Bank Rate where it was since August 2016, when it was lowered from 0.5% to 0.25% to contain the fallout from the 'Brexit' vote of the previous month - a decision that's ...

Strong quarter for CBA

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
The Commonwealth Bank of Australia reported a strong quarterly performance, according to a trading update released to the ASX. Assets under management rose by 6%, while funds under administration increased by 7% in the three months to March compared ...