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Showing 2581 - 2590 of 5917 results for "March 22"

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 15 JUN 2016
US retail sales A solid and faster than expected increase in US retail spending in May suggests that, perhaps, the Fed was correct in dismissing the highly disappointing May non-farm payrolls report as just "noise". Overall retail sales expanded for ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 10 JUN 2016
... year. This is not god news for the outlook for consumer prices which already registered back to back negative readings in March (minus 0.1%) and April (-0.3%). Bank of Korea cuts South Korea's central bank unexpectedly cut interest rates by 25 basis ...

Former ANZ planner slapped with ban

KERRIE SYDEE  |  THURSDAY, 9 JUN 2016
ASIC has handed down a one year ban to a former ANZ planner after he was deemed not to be adequately trained or competent to provide financial services. Wayne Meadth was an employee of ANZ from 2004 to March 2014, it was ANZ who lodged a breach report ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 9 JUN 2016
Australia housing finance The latest dwelling finance commitment report gave almost immediate evidence to the RBA governor Glenn Stevens' 7 June statement that, "Indications are that the effects of supervisory measures have strengthened lending standards ...

NAB responds to ASIC market manipulation allegations

ALEX BURKE  |  WEDNESDAY, 8 JUN 2016
NAB has responded to ASIC commencing legal proceedings for the bank's alleged "unconscionable conduct and market manipulation." ASIC's concerns relate to the setting of the bank bill swap reference rate (BBSW) from 2010 to 2012; the regulator previously ...

ASIC warns SMSF accountants to have backup plan

KERRIE SYDEE  |  WEDNESDAY, 8 JUN 2016
ASIC has warned SMSF accountants to prepare for a contingency if their limited Australian financial services (AFS) licences are not regulator approved by 30 June. Accountants who lodged their applications after 1 March 2016 face a "significant risk" ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 8 JUN 2016
... interest rates last month, April's "inflation surprise" - CPI inflation quickened to 5.4% in the year to April from 4.8% in March (RBI target 5%) - prevented the RBI from reducing interest rates some more. The RBI kept its benchmark repo rate unchanged ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 7 JUN 2016
Australia ANZ job ads Continued improvement in the Australian labour market in the coming months. This is the indication from the ANZ's latest job advertisement tally. Total job ads increased by 2.4% - the fastest pace in eight months - 157,942 - the ...

Australia on top

BENJAMIN ONG  |  MONDAY, 6 JUN 2016
Woe is us. Australians all, let's not rejoice! The Australian equity market's reaction to the better-than-expected - heaps better - 1.1% quarterly expansion in March quarter real GDP is beginning to plant the seed of doubt in my psyche. Doubt that perhaps ...

Former Vontobel star manager sets course for Australia

MARK SMITH  |  FRIDAY, 3 JUN 2016
A 20-year veteran fund manager who has managed almost US$50 billion is looking to bring his new US fund to the Australian market. Rajiv Jain built his reputation at Swiss fund house Vontobel Asset Management as chief investment officer and portfolio ...