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Showing 1611 - 1620 of 3558 results for "October 28"

ANZ sells life insurance business for $2.85 billion

ALEX BURKE  |  TUESDAY, 12 DEC 2017
ANZ has sold its life insurance business for $2.85 billion in a move that will make the purchaser Australia's largest retail life insurer. Completing what the bank described as a "simplification" of its wealth division, ANZ sold the business to Zurich. ...

Good news or bad news?

BENJAMIN ONG  |  TUESDAY, 12 DEC 2017
Depending on one's proclivity, the latest batch of higher than expected liquidity and lending data out of China could be either good or bad. Good because they're indicative of continued strong growth momentum in the Chinese economy. Bad because they ...

America is full

BENJAMIN ONG  |  MONDAY, 11 DEC 2017
There is nothing in the November US labour numbers to stop the Fed from delivering its "promised" third rate hike finale for 2017 this week. US employment increased by 228K in November following a 244K gain in October. This is greater than market expectations ...

Thinning trade surplus shaves A$

BENJAMIN ONG  |  FRIDAY, 8 DEC 2017
Financial markets expected Australia's trade surplus to narrow in October but not by this much. The Australian Bureau of Statistics'(ABS) 'International Trade in Goods and Services report showed that the country's trade surplus dropped to just A$105 ...

A case for faster wages growth (or not)

BENJAMIN ONG  |  WEDNESDAY, 6 DEC 2017
... previous month for its 14th straight month of expansion. The performance of services index increased to 51.7 from 51.4 in October - the ninth consecutive month that it's been above the 50 expansion/contraction line. Similarly, retail sales data released ...

All up and all together now

BENJAMIN ONG  |  MONDAY, 4 DEC 2017
There's no denying that growth in most major economies stepped up in the third quarter of this year but if current indications are on the ball, the fourth quarter will be better. Year-on-year GDP growth rates in the US, the Eurozone, Japan, the UK and ...

Capex brings cheer

BENJAMIN ONG  |  FRIDAY, 1 DEC 2017
"You can't make people be confident, I certainly can't. I've allowed the horse to come to the water with cheap funding. I can't make it drink." This was then RBA governor Glenn Stevens' statement to the House of Representatives Standing Committee on ...

DomaCom unitholders approve new trustee

JAMIE WILLIAMSON  |  THURSDAY, 30 NOV 2017
DomaCom shareholders have approved the appointment of its new trustee, delivering the capability to introduce crowdfunded mortgage backed loans. The fractional property investment platform announced in October that it had appointed Melbourne Securities ...

Powell power

BENJAMIN ONG  |  THURSDAY, 30 NOV 2017
There wasn't really anything earth-shattering in US Federal Reserve Chair Janet Yellen's testimony before the Joint Economic Committee of the US Congress overnight where she discussed 'The Current Economic Outlook and Monetary Policy'. Growth is gaining ...

The Fed's aware of building imbalances

BENJAMIN ONG  |  TUESDAY, 28 NOV 2017
Watching Wall Street break one record high after another make it very tempting to join the herd or raise allocation of US equities in portfolios. There's the fear of missing out (FOMO) and then there's the shorts that, time and again in the current ...