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Showing 1711 - 1720 of 1758 results for "Covid"

CFA postpones exams

ELIZA BAVIN  |  FRIDAY, 20 MAR 2020
... community. CFA said the health and safety of employees, stakeholders and affiliates around the world is its top priority, as COVID-19 continues to spread around the world. "We seek to make decisions that prioritise the health and safety of everyone involved ...

Banks defer small business loan repayments

ELIZA BAVIN  |  FRIDAY, 20 MAR 2020
... will defer loan repayments for six months for small business, as the nation introduces measures to combat the impact of COVID-19. The ABA said the move is designed to combat unemployment and will apply to over $100 billion of existing small business ...

Call for pause on default insurance changes

HARRISON WORLEY  |  FRIDAY, 20 MAR 2020
... A prominent law firm is calling for upcoming changes to default insurance within superannuation to be postponed, as the COVID-19 pandemic increases the chance Australians will need to rely on the cover automatically provided by their super fund. Slater ...

RBA pulls QE trigger

ELIZA BAVIN  |  THURSDAY, 19 MAR 2020
... Philip Lowe announced on Monday the bank was standing ready "to purchase Australian government bonds". Lowe said that while COVID-19 is a public health issue, the bank was compelled to step-in due to the "very major" impact the virus is having on the ...

Superannuation fund delays custodian swap

KANIKA SOOD  |  THURSDAY, 19 MAR 2020
... public sector superannuation fund has deferred its transition to a new custodian, citing heightened short-term risk from COVID-19. Funds SA last July said it would end its 19-year-long custody relationship with J.P. Morgan and move to Northern Trust ...

NYSE closes trading floor

ELIZA BAVIN  |  THURSDAY, 19 MAR 2020
... closing its symbolic trading floor. NYSE president Stacey Cunningham announced the move after two people tested positive for COVID-19, but said the closure will only be temporary. "While we are taking the precautionary step of closing the trading floors ...

FASEA exam to go online

HARRISON WORLEY  |  THURSDAY, 19 MAR 2020
... Standards and Ethics Authority has cancelled the scheduled April adviser exam, with advisers set to take it online as the COVID-19 pandemic rolls on. FASEA has been forced to cancel its April face-to-face exams. Recognising the difficulties posed by ...

JP Morgan commits $86m to COVID-19 crisis

ALLY SELBY  |  THURSDAY, 19 MAR 2020
... committed $86 million (US$50 million) to address global public health and long-term economic challenges from the spreading COVID-19 pandemic. It comes as the World Health Organisation reports 786 new coronavirus-related deaths overnight, bringing the ...

Chief economist update: Water, water everywhere and not a fish to catch

BENJAMIN ONG  |  THURSDAY, 19 MAR 2020
... who can still work and receive income (well, so far). Most important, we're able to keep our social distance and avoid COVID-19 infection, as we wait out, in central banking parlance, the transmission mechanism of the coronavirus -- from animal to ...

Coronavirus puts rocket under shorting ETFs

KANIKA SOOD  |  WEDNESDAY, 18 MAR 2020
... start of the year. The ASX 200 and S&P 500 had both lost over 20% from the start of the year to yesterday's close, as COVID-19 and economic slowdown sweeps through the world. The market inflows have translated into juicy inflows for three shorting ...