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Showing 2331 - 2340 of 5920 results for "March 27"

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BENJAMIN ONG  |  MONDAY, 31 JUL 2017
Wall Street's on a tear with all of the equity market's benchmark indices - S&P 500; Dow Jones; Nasdaq; Russell 2000 - hitting record highs last week. The most proximate cause is, of course, the strong June quarter earnings results. According to Factset ...

Industry fund and wealth manager finalise integration

EMMA RAPAPORT  |  FRIDAY, 28 JUL 2017
Industry super fund First State Super is welcoming a new acting head of investment strategy as it transitions towards integration with recently acquired wealth management business StatePlus. StatePlus acting chief investment officer Michael Winchester ...

Cheaper imports

BENJAMIN ONG  |  FRIDAY, 28 JUL 2017
... a 1.2% increase in the previous three-month period. Year-on-year, import prices quickened to 0.3% in June from -0.6% in March - one that according to the ABS is due to the "depreciation of the Australian dollar against major trading currencies". All ...

Warne flags executive reshuffle at Macquarie AGM

ALEX BURKE  |  THURSDAY, 27 JUL 2017
Macquarie chair Peter Warne highlighted several leadership changes, following on from the merger of two capital markets-facing businesses late last year, at the group's annual general meeting. The head of Macquarie's credit markets division, Michael ...

Low-flation to lower-flation?

BENJAMIN ONG  |  THURSDAY, 27 JUL 2017
Australian inflation has decelerated - headline inflation slowed to 1.9% in the year to the June quarter from 2.1% in the March quarter. Yet it's also picked up - the weighted median up to 1.8% from 1.7%; but it's also flat - a trimmed mean steady at ...

Not showing: inflation

BENJAMIN ONG  |  MONDAY, 24 JUL 2017
RBA deputy governor Guy Debelle snuffed hawkish interpretations of the minutes of the 4 July RBA meeting - particularly, the minutes' reference to a 3.5% neutral cash rate - reversing the Australian dollar's upward run. "...the current (nominal) cash ...

Good jobs, sluggish pay

BENJAMIN ONG  |  FRIDAY, 21 JUL 2017
Although not completely gangbusters, the latest Australian labour market update provided another justification for the optimism and seemingly hawkish turn the Reserve Bank of Australia (RBA) conveyed in the minutes of its 4 July board meeting. The Australian ...

The bull and bear market in iron ore

BENJAMIN ONG  |  THURSDAY, 20 JUL 2017
Iron ore continues the uptrend that started in mid-June, reaching US$70.24 a tonne overnight. For the technically inclined, this puts iron ore in a bull market - defined as a 20% increase from its nearest bottom - that should encourage further prices ...

APRA sets new capital target for the big four

ALEX BURKE  |  WEDNESDAY, 19 JUL 2017
APRA has raised the CET1 capital ratios for the big four banks to meet the "unquestionably strong" benchmark outlined in the Financial System Inquiry. By 1 January 2020, the big four will need to achieve a CET1 capital ratio of at least 10.5%. APRA ...

The problem with currency extrapolation

BENJAMIN ONG  |  TUESDAY, 18 JUL 2017
It seemed so long ago now that a "bag the Aussie dollar" campaign was what we read in financial media. The Australian dollar was trading at about US$0.75 then, it closed at US$0.7832 on 14 July and is currently trading at US$0.78. It's exactly two months ...