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Showing 271 - 280 of 2401 results for "Asian"

ANZ dismisses alleged job cuts

KARREN VERGARA  |  THURSDAY, 18 APR 2019
... targets in the works, and that much of the reduction in numbers written in the press are a result of the bank divesting its Asian retail businesses. The statement read: "While we don't have any specific reduction programs or targets for the group ...

Chief economist update: Japan yearns for a weaker yen

BENJAMIN ONG  |  THURSDAY, 11 APR 2019
... quarter. According to a BOJ official, "Many manufacturers said they grew concerned over the outlook of the Chinese and other Asian markets on the back of slowing demand." You can add the appreciating yen to this. The Tankan large manufacturing outlook ...

Aberdeen Standard fixed income lead departs

JAMIE WILLIAMSON  |  MONDAY, 1 APR 2019
... Management. Replacing Bishop at Aberdeen Standard is Adam McCabe. Based in Singapore, McCabe also leads Aberdeen Standard's Asian fixed income operations. Aberdeen Standard Australia managing director Brett Jollie said the global asset manager carried ...

Chief economist update: The Fed should act now

BENJAMIN ONG  |  FRIDAY, 29 MAR 2019
... memory when the 10Y-3M yield differential flattened in late 1998. The Fed and the world dismissed that as reaction to the Asian financial crisis/Russian debt default/LTCM collapse at the time. The US economy was still doing swell, thank you very much. ...

Chief economist update: A question of when?

BENJAMIN ONG  |  THURSDAY, 28 MAR 2019
... February 1988. That proved too late to escape the 1990 recession. The US yield curve inverted again in 1998 (the time of the Asian financial crisis, the Russian debt default and the LTCM collapse) but the Fed's quick response averted a US recession. ...

Younger HNWs splashing on art

KANIKA SOOD  |  WEDNESDAY, 13 MAR 2019
... on art in 2017, according to the 2018 Art Basel and UBS Global Art Market Report. The trend was particularly prominent in Asian markets. While the average respondent to UBS and Art Economics' survey was 50 years or older in the US, in Asian countries ...

Chief economist update: Wrong way, go down

BENJAMIN ONG  |  THURSDAY, 28 FEB 2019
... three major financial, currency and economic crises in recent history. The A$ absorbed some of the negative shocks from the Asian Crisis in 1997 (and the LTCM collapse in 1998) when it dropped from more than US$0.80 to below US$0.60. It deflected the ...

Family office backs new boutique

KANIKA SOOD  |  TUESDAY, 19 FEB 2019
Three founding members of Macquarie's Asian listed equities division are set to launch a boutique with the backing of a prominent family office. Sam Le Cornu, who was Macquarie's Asian listed equities business' co-head, executive director and head of ...

K2 posts losses, signs on distributor

KANIKA SOOD  |  THURSDAY, 14 FEB 2019
... lost 7.7%. Its Australian Absolute Return Fund lost 11.3%, the Select International Absolute Return Fund lost 2.3% and the Asian Absolute Return Fund lost 7.5%. All returns are net of fees, and for six months to December 31. Five of the six funds are ...

Chief economist update: A pretty portrait of an emerging market

BENJAMIN ONG  |  MONDAY, 11 FEB 2019
... we all know it's in a bear market and is still locking horns with America on trade. The second biggest loser in the Asian emerging market space - the ones that I track - is the Philippines. The country's benchmark equity market index dropped ...