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Showing 161 - 170 of 2965 results for "Overnight"

Chief economist update: A pretty portrait of an emerging market

BENJAMIN ONG  |  MONDAY, 11 FEB 2019
... keep interest rates steady at 4.75% at its 7 February meeting - following five interest rate increases that took the overnight repo rate from 3.0% to 4.75% in 2018. This is starting to bear dividends. The PSE index has risen by 8.1% this year to date ...

Superannuation to face BEAR: Hayne

KARREN VERGARA  |  TUESDAY, 5 FEB 2019
... recommendations for the superannuation sector Commissioner Kenneth Hayne has pushed for in his final report released overnight. The BEAR came into effect for large ADIs on 1 July 2018 and becomes applicable for the smaller players one year later. It ...

Profit downgrade hurts Challenger

KARREN VERGARA  |  THURSDAY, 24 JAN 2019
Challenger shares dropped by 17% overnight after recently appointed chief executive Richard Howes flagged a profit downgrade. Challenger's share price plunged from $9.23 to about $7.65 on the back of lower-than-expected December 2018 half-year results. ...

No-deal Brexit prolongs market uncertainty

KARREN VERGARA  |  WEDNESDAY, 16 JAN 2019
The landslide defeat of Prime Minister Theresa May's UK divorce deal overnight hasn't rattled the global share markets, but investment experts remain cautious. The House of Commons rejected May's proposed exit strategy by an overwhelming ...

Chief economist update: Bull markets don't die of old age

BENJAMIN ONG  |  THURSDAY, 18 OCT 2018
... justifying the markets' anxiety over the Fed's actions. This is underscored by the renewed fall on Wall Street overnight - along with the rise in 10-year US Treasury bond yield and the US dollar index -- following the release of the Fed minutes. ...

Chief economist update: Blame and trim

BENJAMIN ONG  |  MONDAY, 15 OCT 2018
... around 80 percent of a third, having previously had three hikes completely factored in as recently as Tuesday, based on overnight index swaps. Meanwhile, the probability of the next rate increase happening by the end of this year has dropped to 76% from ...

Chief economist update: It wasn't me, it's the Fed

BENJAMIN ONG  |  FRIDAY, 12 OCT 2018
... that shook equity markets around the world. Trump continued his attack on the Fed as the slide on Wall Street continued overnight. "It's a correction that I think is caused by the Fed and interest rates. The dollar is very strong, very powerful ...

Chief economist update: Wall Street has fallen, prepare to be greedy

BENJAMIN ONG  |  THURSDAY, 11 OCT 2018
... market's overvaluation and slowing momentum. These are all rational rationales explain the 3.3% drop in the S&P 500 index overnight, along with losses of: 3.2% on the DJIA; 4.1% for the Nasdaq composite; and 2.9% on the Russell 2000. Horror of horrors! ...

Can Hollywood turn advice mainstream?

MICHELLE BALTAZAR  |  THURSDAY, 11 OCT 2018
... application, Ramm said that it can be overwhelming to radically change the customer service approach of any business overnight. Don't try and provide the celebrity treatment to everyone on your client list, start with two, he said. "Start with two ...

Chief economist update: That other Fed policy towards normalcy

BENJAMIN ONG  |  THURSDAY, 4 OCT 2018
... inflation. But with the yield on 10-year US Treasury bonds surging by 12 bps to 3.18% - the highest rate since mid-2011 - overnight, the bond market doesn't seem to be completely buying this strong growth, stable and low inflation scenario. Eco 101 ...