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Showing 2411 - 2420 of 5917 results for "March 2003"

Too much ado about Fed reinvesting nothing

BENJAMIN ONG  |  THURSDAY, 6 APR 2017
"Do you really want to hurt me Do you really want to make me cry..." - Culture Club It began like just another ordinary day on Wall Street but last night it was one with an upward bias despite geo-political tremors - chemical attack in Syria and nuclear ...

ASIC wins first court action for FoFA breaches

EMMA RAPAPORT  |  WEDNESDAY, 5 APR 2017
Corporate regulator ASIC successfully brought its first action against a licensee for breach of the Future of Financial Advice reforms in the Federal Court. Melbourne-based financial advice firm NSG Services (NSG) was found by the court to have breached ...

Brexit-proof?

BENJAMIN ONG  |  WEDNESDAY, 5 APR 2017
A small dip in the Markit/CIPS UK manufacturing PMI to 54.2 in March from 54.5 in the previous month provides further evidence of the economy's resilience to Brexit uncertainty. The latest reading might be the lowest level in four months but it's also ...

Japanese businesses have sunnier mood

BENJAMIN ONG  |  WEDNESDAY, 5 APR 2017
The Bank of Japan's (BOJ) Tankan survey showed that the large manufacturers' sentiment index increased to a reading of plus 12 in the March quarter from the December quarter's plus 10 reading. While this is lower than market expectations for an increase ...

China manufacturing expansion gains and slows

BENJAMIN ONG  |  WEDNESDAY, 5 APR 2017
... and in output. However, the official reading contrasts with the fall in Caixin China manufacturing index, down to 51.2 in March (still in expansion) from 51.7 in February. The details of Caixin's survey were also opposite that of the official one - easing ...

Damned if they do, damned if they don't

BENJAMIN ONG  |  MONDAY, 3 APR 2017
First the good news. Crude oil prices have closed the March quarter of 2017 above the psychological US$50.00 per barrel mark - the level they have risen to since the Organisation of Petroleum Exporting Countries (OPEC) announced that they (and non-OPEC ...

ECB nips the bud of rate hike speculations

BENJAMIN ONG  |  FRIDAY, 31 MAR 2017
The continued sprouting of green shoots in the Eurozone economy has recently triggered speculations that the European Central Bank (ECB) would soon taper its policy accommodation measures soon. While the Governing Council voted to keep monetary policy ...

Two-year road to Brexit begins

BENJAMIN ONG  |  THURSDAY, 30 MAR 2017
It's official. It's signed, sealed and delivered. Making good on the promise she made in October last year, UK prime minister Theresa May invoked Article 50 of the Treaty of the European Union formally setting in motion the two-year time limit for negotiations ...

Paragon hires distribution head from Challenger

ALEX BURKE  |  WEDNESDAY, 29 MAR 2017
Melbourne-based hedge fund manager Paragon Funds Management has appointed a new head of distribution. David Livera joins Paragon from Challenger, where he was a senior business development manager. Prior to that, he was a national key account manager ...

Confident with a capital C

BENJAMIN ONG  |  WEDNESDAY, 29 MAR 2017
... global business expectations (see yesterday's report), the Conference Board's consumer confidence survey cut off on 16 March -- one week before the Obamacare repeal/replace failed. There might be some give back on the consumer confidence reading next ...