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Showing 171 - 180 of 1786 results for %22US GDP%22

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 ...

Pengana launches new Israel equities fund

KANIKA SOOD  |  WEDNESDAY, 11 NOV 2020
... equities," Pengana Capital chief executive Russel Pillemer told Financial Standard. He said Israel has the second highest R&D to GDP spend. TASE recently listed itself (Sunsuper was one of the investors), which Pillemer says should improve further the ...

Chief economist update: More money for reimposed lockdown

BENJAMIN ONG  |  FRIDAY, 6 NOV 2020
... from November 5 to 2 December 2020. Because of this - and including the impact of Brexit -- the central bank now expects UK GDP to contract by 2.0% in the fourth quarter from its previous estimate of a 3.5% recovery. The BOE downgraded its 2020 GDP forecast ...

Chief economist update: China's vote for US president

BENJAMIN ONG  |  THURSDAY, 5 NOV 2020
... most other economies did or are still under. 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. Latest PMI surveys indicate ...

Chief economist update: RBA does the limbo rock

BENJAMIN ONG  |  WEDNESDAY, 4 NOV 2020
... factored in these latest reductions in upgrading its forecasts. "In Australia, the economic recovery is under way and positive GDP growth is now expected in the September quarter, despite the restrictions in Victoria. It will, however, take some time ...

Chief economist update: Not out of the woods

BENJAMIN ONG  |  FRIDAY, 30 OCT 2020
... in history with the sharpest recovery on record. The US Bureau of Economic Analysis (BEA) reported that the country's GDP increased at annualised rate of 33.1% in the September 2020 quarter following the previous quarter's 31.4% decline, beating ...

Chief economist update: The recession is over

BENJAMIN ONG  |  WEDNESDAY, 28 OCT 2020
... Australian economy fulfilled the technical definition of a recession - two consecutive quarters of negative growth - when GDP contracted by 0.3% in the March 2020 quarter and plunged by 7.0% in the following quarter. A positive growth in September, no ...

Chief economist update: Good or bad news is good Wall Street news

BENJAMIN ONG  |  THURSDAY, 22 OCT 2020
... 28.4% surged so far this year goes against all logic considering the state of the US economy which is in deep recession - GDP contracted at an annualised rate of 5.0% in the March 2020 quarter and a record 31.4% in the second quarter - and, although ...

Chief economist update: Japan's second wave

BENJAMIN ONG  |  WEDNESDAY, 21 OCT 2020
... from -17 in the previous one (also an 11-year low). But with a hole as deep as the 28.1% annualised rate of contraction in GDP in the June quarter - the worst on record -- the fresh prime minister of Japan has his work cut out for him. The severity of ...

Editor's Choice

Australian Retirement Trust people chief to depart

ELIZABETH FRY
Australian Retirement Trust has confirmed the departure of chief people officer Helen Jackson, who will leave at the end of the financial year.

SSGA loses $2.4bn in two months

KARREN VERGARA
State Street Global Advisors (SSGA) suffered $2.4 billion in net outflows over the last two months of 2023, the majority of which hit its Australian and international equities products.

AFCA seeks industry feedback on approaches

ELIZA BAVIN
The financial complaints authority is asking the industry for feedback on how it approaches issues and reaches decisions.

Apex, ACA partner to broaden client services

ANDREW MCKEAN
Apex Group and ACA Group have formed a partnership to offer their clients a wider range of services.

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