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Showing 141 - 150 of 1308 results for "Surprise"

China records historic trade surplus

ANDREW MCKEAN  |  FRIDAY, 12 AUG 2022
China has posted a record high trade surplus after another month of strong exports; however, headline inflation continued its upward trend. Chinese exports exceeded market expectations again in July, supported by shipments to ASEAN and the European ...

Business confidence, conditions rally: NAB

ANDREW MCKEAN  |  WEDNESDAY, 10 AUG 2022
National Australia Bank's (NAB) latest business survey reported business confidence has risen above average levels and conditions have strengthened. Business confidence bucked a trend of steady monthly declines, rising seven index points. NAB called ...

APRA releases annual corporate plan

CASSANDRA BALDINI  |  MONDAY, 8 AUG 2022
APRA published its updated plan to reinforce the financial soundness of the banking, insurance and superannuation industries over the next four years, with few surprises on offer. The priorities in APRA's new Corporate Plan for 2022-2023 are based ...

Value investing a likely winner: Maple-Brown

ANDREW MCKEAN  |  FRIDAY, 5 AUG 2022
... a barrage of bad news and sustained focus on negatives, there are compelling facts, trends and activities that could surprise bearish commentators. "Today's environment presents a perfect storm of factors set to mislead decision makers in these aspects ...

RBA lifts cash rate to 1.85%

ANDREW MCKEAN  |  WEDNESDAY, 3 AUG 2022
... rising rates, and falling real wages. Citi Index market analyst Tony Sycamore called the latest RBA decision a dovish surprise relative to expectations. However, while the door remains open for future rate hikes to return inflation within the targeted ...

US enters recession - or does it?

ANDREW MCKEAN  |  FRIDAY, 29 JUL 2022
... year's historic economic growth - and regaining all the private sector jobs lost during the pandemic crisis - it's no surprise that the economy is slowing down as the Federal Reserve acts to bring down inflation." Biden went on to tout the nation's ...

Rate rises more likely after unemployment plunge

ANDREW MCKEAN  |  FRIDAY, 15 JUL 2022
The unemployment rate has fallen to 3.5%, the lowest level since 1974, and near-record inflation hasn't subsided, leading experts to believe that aggressive rate hikes will continue. Australian Bureau of Statistics (ABS) data showed the number of ...

ETF flows up despite volatility: Vanguard

ANDREW MCKEAN  |  THURSDAY, 14 JUL 2022
... returns. Vanguard Australia's head of ETF capital markets Asia Pacific Minh Tieu said: "The fall in industry AUM is no surprise given the level of volatility plaguing global markets this year, but we're encouraged to see net inflows are still positive ...

SEC fines UBS Financial Services over fraud charges

JAMIE WILLIAMSON  |  THURSDAY, 30 JUN 2022
... interest of their clients. When investors suffered losses, many of them, along with their financial advisors, expressed surprise and closed their YES accounts," the SEC said. "Advisory firms are obligated to implement appropriate policies and procedures ...

Arrowpoint Capital launches $100m corporate debt fund

CHLOE WALKER  |  WEDNESDAY, 22 JUN 2022
The Australian-based corporate lender aims to take advantage of the large funding gap that exists between what the major banks can provide and the strong and growing demand from corporate borrowers. Its inaugural fund has been underpinned by more than ...