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Showing 141 - 150 of 2598 results for "Stock market"

COVID-19 shaves $290bn off super

KANIKA SOOD  |  WEDNESDAY, 25 MAR 2020
COVID-19 and the accompanying market correction has temporarily wiped out nearly $290 billion from Australia's superannuation system since the ASX's February 20 peak, according to new analysis from Rainmaker Research. Many superannuation funds lost ...

Times of turmoil create opportunities: deVere

ALLY SELBY  |  WEDNESDAY, 25 MAR 2020
With global stock markets rallying overnight, the chief executive of an independent financial advisory firm has pointed to key sectors that are benefiting from the spreading COVID-19 pandemic. deVere Group founder and chief executive Nigel Green said ...

Early release better than SG freeze

KANIKA SOOD  |  MONDAY, 23 MAR 2020
... provision but let's put it in context: in the last few weeks super funds probably lost $250 billion due to the stock market correction. The total amount the government thinks fund members will withdraw from their accounts due to this measure is only ...

Chief economist update: What happens in China...

BENJAMIN ONG  |  MONDAY, 23 MAR 2020
Slowly but surely, the wheels of industry - even social life itself - are grinding to a halt. If not for the invention of the internet and various apps, there wouldn't be any commerce or even virtual social interaction that would be taking place ...

Coronavirus puts rocket under shorting ETFs

KANIKA SOOD  |  WEDNESDAY, 18 MAR 2020
Australian investors are flocking to ETFs that allow them to short the ASX200 and the S&P 500 amid the stock market correction, doubling their assets since start of the year. The ASX 200 and S&P 500 had both lost over 20% from the start of the year ...

World rolls out stimulus

ELIZA BAVIN  |  WEDNESDAY, 18 MAR 2020
... global macro policy research Amlan Roy said. "Street talk of 'global recession' is confused, when based on stock market losses and volatility." Altaf Kassam, SSGA heal of investment strategy and research, said that while Wall Street opened again ...

Wall Street tumbles, ASX holds ground

ELIZA BAVIN  |  TUESDAY, 17 MAR 2020
Wall Street has been taking a battering since the coronavirus outbreak left the shores of China, with the S&P 500 falling another 12% overnight. A sharp cut in interest rates, stricter quarantine enforcements around the globe and a change of tone from ...

Philippines halts all trading

ELIZA BAVIN  |  TUESDAY, 17 MAR 2020
... halt trade until further notice, making it the first nation to close markets. The PSE made the announcement to the stock market, saying the decision is to ensure the safety of employees and traders in light of the escalating cases of the coronavirus ...

Chief economist update: China leads the way

BENJAMIN ONG  |  TUESDAY, 17 MAR 2020
... eventually play out. At the height of the viral scare in China, the Shanghai composite index was the worst- performing stock market in the world (or at least compared with other major equity markets). But its containment regulations and monetary and ...

UniSuper suspends stock lending

JAMIE WILLIAMSON  |  MONDAY, 16 MAR 2020
... Authority temporarily prohibited short selling of certain Italian stocks in a bid to calm the market after Milan's stock market fell 17%. The stocks included Ferrari, Juventus and Lazio football clubs and bank Unicredit. The move followed similar ...