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Showing 251 - 260 of 2502 results for "Central bank"

Zipmex files for debt relief amid ongoing crypto crash

CASSANDRA BALDINI  |  FRIDAY, 29 JUL 2022
... 401K BTC funds, Crypto.com gains regulatory approval from Cyprus and Italy, Gemini receives VA service provider by central bank of Ireland," the report said.

Treasurer responds to dour inflation, growth

ANDREW MCKEAN  |  THURSDAY, 28 JUL 2022
... "very concerning." "The global economy is treading a precarious and perilous path," he said. Chalmers cited sharp central bank intervention to combat US inflation, China's management of COVID and Russia's illegal invasion of Ukraine which has ...

Equities challenged but opportunities are there

CHLOE WALKER  |  THURSDAY, 28 JUL 2022
While near term market volatility is expected to continue in Australia and overseas, it is not all doom and gloom, according to GSFM and Munro Partners. At a recent briefing, GSFM investment strategist Stephen Miller said that all developed country ...

Resolution Life appoints new chief executive

JAMIE WILLIAMSON  |  THURSDAY, 28 JUL 2022
... the sale agreement with Resolution Life. The sale was delayed for some time due to objections from the New Zealand central bank, however was completed in July 2020 at which time Beer became chief executive of Resolution Life Australasia. "I would like ...

CPI rises, IMF lowers global outlook

ANDREW MCKEAN  |  WEDNESDAY, 27 JUL 2022
Australia's annual CPI inflation grew to 6.1% in the June quarter, slightly below the consensus forecast of 6.3%. Consumer prices rose 1.8% this quarter, again less than the 1.9% forecast. "Annual CPI inflation increased 6.1% in the June quarter ...

RBA scenario implies record costs: UBS

ANDREW MCKEAN  |  THURSDAY, 21 JUL 2022
UBS has forecast that the Reserve Bank of Australia's (RBA) rate rise assumptions would cause an unprecedented payment spike for households. The RBA's scenario of a 300-basis point increase in interest rates by mid-2023 would see interest payments as ...

Recession a distinct possibility: Natixis

ANDREW MCKEAN  |  THURSDAY, 21 JUL 2022
... strategies have excelled, it said. Nevertheless, going forward, like nine in 10 survey respondents, Kaminski said that central bank policy will be the biggest market driver in the second half of 2022. She said: "The biggest market driver at the end of ...

Is the wage price spiral narrative a lie?

ANDREW MCKEAN  |  MONDAY, 18 JUL 2022
... prices faster than their costs have been rising," the analysis said. Using a methodology instituted by the European Central Bank, to decompose shifts in price levels and attribute them to shifts in wages, profits and taxes, the Australia Institute found ...

Pendal FUM drops $12bn

CASSANDRA BALDINI  |  MONDAY, 18 JUL 2022
Pendal Group has reported its funds under management dropped over 11% in the June quarter. On Friday the investment manager announced FUM dropped to $111.0 billion in the June quarter, down from $124.9 billion at the end of the March quarter. It reported ...

US rocked by inflation disaster

ANDREW MCKEAN  |  THURSDAY, 14 JUL 2022
... International Monetary Fund managing director Kristalina Georgieva said inflation is higher than expected and ensuing central bank monetary tightening paired with pandemic-related supply chain disruptions triggered further global growth downgrades. Georgieva ...