Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 2241 - 2250 of 9740 results for "Major"

Chief economist update: AUD depreciation no cure for coronavirus

BENJAMIN ONG  |  THURSDAY, 2 APR 2020
... September 11 attacks of the same year; and, it dropped from US$0.91 to US$0.62 at the onset of the GFC in 2007- when most major economies went into a Great Recession. The coronavirus crisis has so far taken the A$/US$ exchange rate to as low as US$0.5821 ...

BGH Capital, Canadian pension fund shelve NZ acquisition

KANIKA SOOD  |  WEDNESDAY, 1 APR 2020
Melbourne private equity firm BGH Capital and the Ontario Teachers' Pension Plan have shelved the proposed acquisition of an Australia New Zealand dental practice chain as COVID-19 shutdowns impact the latter's operations. Abano Healthcare Group ...

Super funds' dirty, poor performing stocks revealed

ELIZABETH MCARTHUR  |  TUESDAY, 31 MAR 2020
... coronavirus," van de Pol said. "As much as the coronavirus is at the front of everyone's minds, we can't let the other major crisis the world is facing at the moment take a back seat."

Market recovery or dead cat bounce?

ALLY SELBY  |  TUESDAY, 31 MAR 2020
... while it is positive that the world isn't headed to depression, the economic numbers will continue to deteriorate while major shutdowns are occurring." Similarly, Strawman.com founder Andrew Page said the road ahead is still uncertain. "No one knows ...

Super funds called out over liquidity

ELIZA BAVIN  |  MONDAY, 30 MAR 2020
... although due to COVID-19 the dates are not set in stone. "Since the election the committee has held hearings with the four major banks, the smaller banks and the superannuation sector. It has not held them with the insurance and financial advice sectors," ...

Your super is safe with us: Silk

ELIZA BAVIN  |  MONDAY, 30 MAR 2020
The chief executive of the nation's largest super fund has written to members reassuring them that their super will be safer staying with the fund. AustralianSuper chief executive Ian Silk said during this unprecedented time, members should refrain ...

Court confirms Storm Financial founders breached duties

JAMIE WILLIAMSON  |  FRIDAY, 27 MAR 2020
The Full Federal Court has confirmed the directors of Storm Financial Group breached their duties as directors, dismissing their appeal of ASIC's 2016 decision. The determination wraps up an appeal against the regulator's original decision by ...

The week that was

JAMIE WILLIAMSON  |  FRIDAY, 27 MAR 2020
... countries work together they can protect people and limit the economic damage. This is a moment for solidarity-which was a major theme of the meeting today," Georgieva said. "The outlook for global growth for 2020 it is negative-a recession at least ...

Trust in advisers lifts as pandemic fear ensues

ALLY SELBY  |  FRIDAY, 27 MAR 2020
... needs. "These are very tough times for Australians, in particular - but not limited to - those who've never experienced a major market downturn, and those nearing or in retirement," he said. "This leads to next-level responsibility for financial ...

Dow skyrockets in two-day winning streak

ALLY SELBY  |  THURSDAY, 26 MAR 2020
... the bourse surging 11.4% or 2112.98 points during trading, on hopes of a $3.4 trillion COVID-19 stimulus package. Other major US indexes posted mixed gains and losses overnight, with the S&P 500 rising a further 1.2% and the Nasdaq Composite falling ...