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Showing 1801 - 1810 of 5161 results for "Rest"

EM debt relatively unscathed by virus: Research

ELIZA BAVIN  |  WEDNESDAY, 26 FEB 2020
New research shows emerging markets debt has been relatively unscathed by the coronavirus so far. But risk still remains. Eaton Vance's (EM) debt team said the positive news has been driven by the expectation that the impact on growth will be temporary ...

China vaccinates against corona

BENJAMIN ONG  |  MONDAY, 24 FEB 2020
... deaths multiply, the longer China will remain in lockdown, with the resulting slowdown in economic activity infecting the rest of the world. This is underscored by the Nikkei Asian Review 's report that: "The government of Hubei Province, the epicenter ...

Status quo not option for remuneration: APRA

ELIZA BAVIN  |  THURSDAY, 20 FEB 2020
APRA chair Helen Rowell used her speech at an Australian Institute of Company Directors breakfast to push the ongoing need for accountability in financial services and said APRA plans to push ahead with its draft remuneration plan despite harsh criticism. ...

HSBC to cut 35,000 jobs

ELIZA BAVIN  |  THURSDAY, 20 FEB 2020
HSBC announced plans to cut around 35,000 jobs from its global business after posting a 33% drop in profits in 2019. The bank said it is also planning a complete restructure of the business as it reduces its global headcount to around 200,000 employees ...

The sick short: Banking big on the coronavirus

ALLY SELBY  |  WEDNESDAY, 19 FEB 2020
... he said. "When the largest company in the world says it will slow because of China it's only a matter of time for the rest to follow. "What investors, with good reason, choose to believe is that the authorities, in China and all over the world, will ...

Future Fund property head departs

KANIKA SOOD  |  MONDAY, 17 FEB 2020
The $168 billion sovereign wealth fund is looking for a new head of unlisted property as the incumbent leaves after 11 years. Stewart Tillyard was appointed to the head of unlisted property role in June 2018 after a restructure during which the head ...

SMSF auditors in firing line

ELIZA BAVIN  |  FRIDAY, 14 FEB 2020
ASIC has cracked down on a number of auditors of self-managed super funds, which the regulator said have failed to meet their requirements. "ASIC has moved to disqualify, or suspend and/or add conditions to the registration of, a number of auditors ...

JPMorgan admits to withholding ANZ shares

ELIZA BAVIN  |  FRIDAY, 14 FEB 2020
A JPMorgan executive has told the court that there was an agreement between JPMorgan, Deutsche Bank and Citigroup to withhold ANZ shares from the market. Speaking to the court for the ongoing case surrounding the $2.5 billion ANZ share sale, ex-JPMorgan ...

Chief economist update: COVID-19 could hit Australia with triple whammy

BENJAMIN ONG  |  FRIDAY, 14 FEB 2020
... contained. The magnitude of the hit on Chinese GDP will determine the extent of the slowdown (temporary or otherwise) in the rest of the world. Recall the increase in financial market anxiety whenever China's actual stats come in lower than expectations ...

HESTA hikes default insurance cover

KANIKA SOOD  |  THURSDAY, 13 FEB 2020
... is not the only one to rejig its insurance fee after PYS changes. Other funds who also changed fees include MTAA Super and Rest.