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Showing 191 - 200 of 2971 results for "Overnight"

Chief economist update: A US dollar story

BENJAMIN ONG  |  TUESDAY, 22 MAY 2018
... back into dollars. Not good. The slowing impact of the strong dollar on US trade and economic growth would not happen overnight, but it will happen. Trump could either go back on his words that he likes a strong dollar, or raise and expand tariffs on ...

New law tightens unpaid SG penalties

KARREN VERGARA  |  THURSDAY, 29 MAR 2018
... unpaid super problem. Minister for Revenue and Financial Services Kelly O'Dwyer introduced legislation in Parliament overnight in a bid to stop "unscrupulous employers short changing superannuation contributions for employees." The Treasury Laws Amendment ...

FSC honours life insurance industry talent

KARREN VERGARA  |  WEDNESDAY, 21 MAR 2018
... Services Council awarded its highest accolades to the life insurance industry's brightest stars at a gala dinner in Sydney overnight. The annual FSC Life Insurance Awards, held at the Ivy Ballroom, recognised three talented individuals and named outstanding ...

Chief economist update: The uncertainty that is Trump

BENJAMIN ONG  |  WEDNESDAY, 14 MAR 2018
... the green so far this year and 10-year bond yields have fallen from the 2.94% high recorded in late February to 2.84% overnight. So too has the VIX index - down to a reading of 16.35 after surging to 37.32 last month. No other data underscore America's ...

Chief economist update: Trump spoils for war

BENJAMIN ONG  |  FRIDAY, 2 MAR 2018
... Street took Trump's latest promise fulfilment as an excuse to take profits. The Dow fell by 1.7% and S&P 500 by 1.3% overnight after Donald announced that "sometime next week, we'll be signing" the imposition of a 25% tariff on steel imports and 10% ...

ATO to advance early release of super: O'Dwyer

KARREN VERGARA  |  THURSDAY, 22 FEB 2018
... to facilitate the early release of superannuation is open for consultation. Treasury has released the exposure draft overnight that aims to expedite the early release of super funds and "improve the integrity of the processes." Under the current legislation ...

Chief economist update: Bad news is good news returns?

BENJAMIN ONG  |  THURSDAY, 15 FEB 2018
Say what? That'll be any rational investor's reaction when you tell him about Wall Street's overnight rally at the same time that the things that scared the bejesus out of them - rising inflation - in early February proved even worse than they expected. ...

Chief economist update: The Fed's force is with us

BENJAMIN ONG  |  FRIDAY, 9 FEB 2018
... turned bad? For sure, the rise and rise of US bond yields are giving equity investors a run for their money. Though down overnight to 2.82% (Bloomberg data) from 2.84%, the recent rise in the 10-year Treasury bond yields have reduced the S&P 500's premium ...

Chief economist update: This time is different

BENJAMIN ONG  |  WEDNESDAY, 7 FEB 2018
... we're getting back to the "Old Normal" now... hopefully with lessons learnt. Having said that, the Dow's 2.3% rebound overnight could still be tested in the coming days, weeks and even months... but this would all be for the better.

Chief economist update: The spook on Wall Street

BENJAMIN ONG  |  WEDNESDAY, 31 JAN 2018
... Haven as Selloff Worsens: Markets Wrap" (Bloomberg) Yes Virginia, the US stock market had tumbled, sold off and crushed overnight. The final tally showed the S&P 500 index down 1.1%; the Dow down 1.5%, the Nasdaq 0.9% and the Russell 2000 1%. The butcher ...