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Showing 151 - 160 of 731 results for "coronavirus"

Chief economist update: Japan's second wave

BENJAMIN ONG  |  WEDNESDAY, 21 OCT 2020
... great time for a handover given the significantly weakened state of the global and domestic economies flattened by the coronavirus pandemic but it could have been worse for Suga. The new Japanese prime minister was off to a relatively better start for ...

Chief economist update: Middle Kingdom on top

BENJAMIN ONG  |  TUESDAY, 20 OCT 2020
... economy prove that the Politburo's draconian restriction and lockdown measures implemented at the onset of the coronavirus pandemic worked. While every other government around the world remain in the midst of their seemingly Sisyphusian efforts to ...

Chief economist update: COVID-19 returns to Europe with a vengeance

BENJAMIN ONG  |  MONDAY, 19 OCT 2020
... back in March this year (and gone viral on cyberspace) when the government imposed a hard lockdown to contain the coronavirus pandemic - for infections in Europe are rising exponentially more than the first wave. A picture paints a thousand words: The ...

Pandemic batters life insurers

KARREN VERGARA  |  THURSDAY, 15 OCT 2020
The coronavirus pandemic has wiped out $1.4 billion from the books of life insurers and triggered a spike in claims, according to new research. KPMG's 2020 Life insurance insights reveals close to half of the firms it analysed are making a loss. ...

Keep spending and investing: Lowe

ELIZA BAVIN  |  THURSDAY, 15 OCT 2020
Australia will have a better economic outcome in the coming months if Australians ensure they keep spending and investing, according to Reserve Bank of Australia (RBA) governor Philip Lowe. Lowe said the nation's recovery will depend on how willing ...

Chief economist update: Get shorty

BENJAMIN ONG  |  TUESDAY, 13 OCT 2020
... Investors are flocking to China for good reasons. While many other nations around the globe continue to battle the coronavirus pandemic - first wave or second - through social restrictions and lockdowns, China has re-opened for business months before ...

Chief economist update: Budget me this Batman

BENJAMIN ONG  |  MONDAY, 12 OCT 2020
... Manufacturing continued to weaken - down to a reading of 46.7 in September from 49.3 in the previous month as renewed coronavirus-induced restrictions in Victoria resulted in a slowdown of orders and reduction in new orders. Likewise, the services industry ...

AAA rating holds on by a thread

ELIZA BAVIN  |  WEDNESDAY, 7 OCT 2020
... to negative on the fiscal impact of the COVID-19 shock. "The negative outlook reflects the significant impact the coronavirus pandemic is having on Australia's economy and public finances," Fitch said. "The economy will contract in 2020 and government ...

Budget boosts female participation

KARREN VERGARA  |  TUESDAY, 6 OCT 2020
... advance gender parity in the workforce and uphold the financial security of women, which has been knocked back by the coronavirus pandemic. Federal Treasurer Josh Frydenberg is making sure women are not left behind in the budget, promising $240 million ...

Frydenberg focusses on jobs, jobs, jobs

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... and trainees and a subsidy for businesses hiring apprentices and short courses to reskill and upskill people. The coronavirus supplement payment is continuing until the end of the year, providing assistance of $250 per fortnight to those on income support ...