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Showing 161 - 170 of 1784 results for %22US GDP%22

Man GLG launches Asia strategy

ANNABELLE DICKSON  |  TUESDAY, 8 DEC 2020
... in Asia have undergone significant structural improvements over the last two decades and these, coupled with high levels of GDP growth, have provided fertile ground for companies to prosper," he said. "Despite this, they remain relatively under-researched ...

Chief economist update: China keeps on going and going

BENJAMIN ONG  |  FRIDAY, 4 DEC 2020
... the pandemic without plunging into a recession. After contracting by 6.8% in the year to the March 2020 quarter, China's GDP expanded by 3.2% in the June quarter and strengthened even more to 4.9% in the September quarter. The latest Caixin China ...

Chief economist update: Australia is out

BENJAMIN ONG  |  THURSDAY, 3 DEC 2020
... naysayers but using the internationally-accepted and widely-used measure of a recession - two consecutive quarters of negative GDP growth - Australia is technically out of it. The Australian Bureau of Statistics reported the domestic economy rebounded ...

Chief economist update: David Australia versus Goliath China

BENJAMIN ONG  |  WEDNESDAY, 2 DEC 2020
... Australia, the economic recovery is under way and recent data have generally been better than expected... In the central scenario, GDP is expected to grow by around 5% next year and 4% over 2022," the RBA said. The Australian central bank's optimism ...

Chief economist update: Dow 30 thousand

BENJAMIN ONG  |  THURSDAY, 26 NOV 2020
... - that followed a 5.0% (annualised) fall in the previous quarter. Sure, latest reports show that the second estimate of US GDP rebounded at annualised rate of 33.1% in the third quarter (unrevised from the initial estimate) but the exponentially rising ...

Chief economist update: Iron ore to reduce Aussie deficit

BENJAMIN ONG  |  TUESDAY, 24 NOV 2020
... activity has prevented the economy from succumbing to the recession that has struck most nations around the world. Chinese GDP grew by 3.2% in the year to the June quarter after contracting by 6.8% in the first. Recent stats indicate the economy continuing ...

New approach needed for Age Pension: RIR

ANNABELLE DICKSON  |  FRIDAY, 20 NOV 2020
... working-age groups." In addition, the inequity gap may increase as the cost of the Age Pension is expected to fall from 2.5% of GDP to 2.3% by 2060, while superannuation tax breaks will rise from 2% to 2.6% of GDP. "While the Age Pension helps offset ...

Fifth pillar in retirement system considered

ELIZA BAVIN  |  FRIDAY, 20 NOV 2020
... retirees," it said. "The cost of social transfers in kind attributed to households aged 65 and over has increased from 2.3% of GDP in 2003-04 to 3.3% in 2015-16." The review noted that while all Australians receive support in the form of government provided ...

Chief economist update: Vaccine optimism sparks AUD resurgence

BENJAMIN ONG  |  WEDNESDAY, 18 NOV 2020
... declared that: "It is certainly possible that the economy will do better than this baseline scenario." "That baseline scenario is GDP growth of "5% next year and 4% over 2022...the unemployment rate "to rise further over coming months to a little below ...

Chief economist update: Japan's third wave

BENJAMIN ONG  |  MONDAY, 16 NOV 2020
... long-term policy interest rates to remain at their present or lower levels," it said. The BOJ downgraded its fiscal year 2020/21 GDP forecast to a contraction of 5.5% from (July's prediction for a 4.7% decline) but adjusted the following year's ...

Editor's Choice

HESTA nabs legalsuper executive

ELIZA BAVIN  |   12:24PM
The new hire will join HESTA in a newly created role after spending six months at legalsuper.

Inflation debate: Older Australians accused of driving crisis

JAMIE WILLIAMSON  |   12:44PM
The Reserve Bank of Australia is accused of using young Australians as "cannon fodder" in fighting inflation after it conceded over-65s are spending more on the back of increased rates, leading to suggestions older Aussies are driving inflation.

Block Earner dodges massive fine

KARREN VERGARA  |   12:37PM
The Federal Court has absolved Block Earner from paying a penalty for trading without a financial services licence, which ASIC believes should have been $350,000.

Who is the highest paid S&P500 company chief?

KARREN VERGARA  |   12:40PM
The chief executive of semiconductor manufacturer Broadcom pocketed US$161.8 million in total remuneration in 2023 to be the only boss among S&P500 companies to receive a nine-figure salary, a new pay study shows.

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