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Showing 2361 - 2370 of 6939 results for "% December"

Chief economist update: Wall Street has fallen, prepare to be greedy

BENJAMIN ONG  |  THURSDAY, 11 OCT 2018
Wall Street has fallen! Repeat, Wall Street has fallen! The financial headlines made sure that you, I and Irene are spooked even before Halloween - with accompanying rationales at that. Wall Street plunges as investors seek safety - Sky News Sudden ...

ASIC appeal convicts former CBA planner

KARREN VERGARA  |  THURSDAY, 4 OCT 2018
ASIC has successfully helped convict a former CBA financial planner on appeal. ASIC, together with the Commonwealth Director of Public Prosecutions (CDPP), appealed the sentence of former Commonwealth Financial Planning adviser Ricky David Gillespie. ...

Chief economist update: That other Fed policy towards normalcy

BENJAMIN ONG  |  THURSDAY, 4 OCT 2018
Latest data updates indicate that the US economic juggernaut continues to power on. The ISM non-manufacturing index shot up from 58.5 in August to a higher than expected 61.6 in September - its highest level on record. In addition, the ADP private sector ...

NZ Super Fund delivers 12.4pct, braces for future

KANIKA SOOD  |  TUESDAY, 2 OCT 2018
The NZ Super Fund delivered 12.43% in FY18, beating its passive reference portfolio benchmark by 2.02% and is now bracing for a changing economic landscape. The $39 billion fund has reaped the rewards of its growth-asset allocations but is now reducing ...

Fidelity cuts management fees

KANIKA SOOD  |  TUESDAY, 2 OCT 2018
Fidelity international has dropped the management fee on two of its funds. Fidelity's Global Emerging Markets fund and Global Equities Fund will charge a management fee of 0.99%. This reduces fees by 0.31% for the global emerging markets fund and 0.16% ...

ASIC outlines code monitoring expectations

JAMIE WILLIAMSON  |  FRIDAY, 28 SEP 2018
The corporate regulator released guidance on the new code of ethics compliance schemes for financial advisers. The new Regulatory Guide 269 outlines the process and criteria ASIC will use in determining whether to approve a compliance scheme, as well ...

Three down one to go, then another three in 2019

BENJAMIN ONG  |  THURSDAY, 27 SEP 2018
And so it came to pass. As expected, the US Federal Reserve lifted the fed funds rate target range by 25 basis points to 2.0%-2.25% following its two-day FOMC meeting on the 25th and 26th of September. US equities rallied immediately after the Fed's ...

Chief economist update: Surplus here we come

BENJAMIN ONG  |  WEDNESDAY, 26 SEP 2018
The US Federal Reserve is poised to announce another 25 basis point taking the fed funds rate to 2%-2.25% when it concludes its September FOMC meeting later today. That wouldn't be a surprise. Another 25 basis point hike in December also wouldn't ...

Macquarie Group appoints foundation chair

HARRISON WORLEY  |  TUESDAY, 25 SEP 2018
Macquarie Group named the new chair of its community arm, as current foundation chair Shemara Wikramanayake prepares to officially assume control of the $497 billion giant. Macquarie Bank chief executive and managing director Mary Reemst will chair ...

Sargon Capital acquires Decimal

JAMIE WILLIAMSON  |  FRIDAY, 21 SEP 2018
In its second major acquisition this month, Sargon Capital will acquire 100% of financial advice technology provider Decimal. Under a court-approved scheme of arrangement, Sargon will purchase 100% of Decimal's issued shares for 1.41 cents per share ...