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Showing 1641 - 1650 of 5518 results for "September 23"

Chief economist update: That other Fed policy towards normalcy

BENJAMIN ONG  |  THURSDAY, 4 OCT 2018
... continues to power on. The ISM non-manufacturing index shot up from 58.5 in August to a higher than expected 61.6 in September - its highest level on record. In addition, the ADP private sector employment report showed persistent labour market strength ...

Chief economist update: Keep one eye open on the housing market

BENJAMIN ONG  |  WEDNESDAY, 3 OCT 2018
Perhaps it's the long weekend holiday - AFL Grand Final holiday on September 28, Labour Day on October 1 - or maybe it's been out-headlined by news of the US-Mexico-Canada Agreement (USMCA). But the Reserve Bank of Australia (RBA) met as usual ...

Labor proposes RC implementation task force

KANIKA SOOD  |  FRIDAY, 28 SEP 2018
If Labor comes to power, it will set up a dedicated task force to implement the Royal Commission's final recommendations due next year. Responding to the interim report, acting opposition leader Tanya Plibersek told a media conference in Sydney ...

Three down one to go, then another three in 2019

BENJAMIN ONG  |  THURSDAY, 27 SEP 2018
And so it came to pass. As expected, the US Federal Reserve lifted the fed funds rate target range by 25 basis points to 2.0%-2.25% following its two-day FOMC meeting on the 25th and 26th of September. US equities rallied immediately after the Fed's ...

Chief economist update: Surplus here we come

BENJAMIN ONG  |  WEDNESDAY, 26 SEP 2018
The US Federal Reserve is poised to announce another 25 basis point taking the fed funds rate to 2%-2.25% when it concludes its September FOMC meeting later today. That wouldn't be a surprise. Another 25 basis point hike in December also wouldn't ...

DomaCom concludes Federal Court action

KARREN VERGARA  |  TUESDAY, 25 SEP 2018
Federal Court proceedings supported by DomaCom have concluded, allowing an SMSF to invest in DomaCom's fund even if a related party is a tenant in the underlying property. Last month, the Federal Court found that the sole purpose test was not breached ...

OPEC is not to blame

BENJAMIN ONG  |  TUESDAY, 25 SEP 2018
Saudi Arabia and Russia weren't pleased with US President Trump when they announced no immediate increase in oil production following the OPEC and non-OPEC nations meeting in Algiers on September 23. The decision sent oil prices soaring - Brent ...

Family office invests in absolute return fund

KANIKA SOOD  |  MONDAY, 24 SEP 2018
A Singapore-based family office is investing $34 million in an absolute return fund run by a fintech that offers a crowdfunding loan platform for small to medium enterprises. CoAssets is headquartered in Singapore and listed on the ASX (CA8) with a ...

JCP appoints executive chair

KANIKA SOOD  |  MONDAY, 24 SEP 2018
JCP Investment Partners has appointed a former TCorp general manager of investments to chair its board as a part of its management transition. Mark O'Brien replaces the incumbent (interim) chair Richard Balderstone, starting October 1. O'Brien will ...

Chief economist update: Stability is doing it for Japan

BENJAMIN ONG  |  MONDAY, 24 SEP 2018
Another new set of tariffs will take effect today in the on-going Sino-US trade battle. Yet most equity markets around the world registered gains last week ahead of its implementation. This is because US-China tariff phase two is less onerous than was ...