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Showing 271 - 280 of 3191 results for "NEW YORK"

US senators in alleged COVID-19 insider trading

JAMIE WILLIAMSON  |  MONDAY, 23 MAR 2020
A US senator who is married to the chair of the New York Stock Exchange is being accused of insider trading, having offloaded millions in stocks following private briefings on the likely impact of COVID-19 in late January. She is one of several senators ...

NYSE closes trading floor

ELIZA BAVIN  |  THURSDAY, 19 MAR 2020
The New York Stock Exchange (NYSE) has made all trading electronic, temporarily closing its symbolic trading floor. NYSE president Stacey Cunningham announced the move after two people tested positive for COVID-19, but said the closure will only be ...

Former Toys "R" Us executives face fraud charges

ALLY SELBY  |  MONDAY, 16 MAR 2020
... their fiduciary duties in a "selfish gamble" that cost Toys "R" Us more than US$500 million. The case was filed with the New York Supreme Court against defendants David A. Brandon, Joshua Bekenstein, Matthew S. Levin, Paul E. Raether, Nathaniel H. Taylor ...

Global stocks plunge as COVID-19 fear accelerates, oil crashes

ALLY SELBY  |  TUESDAY, 10 MAR 2020
... locally. At the time of writing, the S&P/ASX 200 regained some of these losses, trading down 0.61%. Overnight in the US, the New York Stock Exchange triggered a temporary trading halt after stocks plunged 7% at the open. It was the first time a temporary ...

JP Morgan's coronavirus contingency plan

ALLY SELBY  |  THURSDAY, 5 MAR 2020
... States, causing JP Morgan to close its domestic offices. Institutional bankers in secondary offices across Brooklyn, New York and New Jersey may also be sent to work from home. JP Morgan has dubbed the contingency plan "Project Kennedy" and will involve ...

Investment firm nabs former BlackRock fundie

ALLY SELBY  |  WEDNESDAY, 4 MAR 2020
... Australian listed, unlisted and direct real estate assets, which totaled approximately $1.2 billion. She spent a year in New York previous to her role with BlackRock, working as a senior consultant at Ernst & Young's real estate advisory group. Carter ...

Chief economist update: The C word

BENJAMIN ONG  |  TUESDAY, 3 MAR 2020
... the coronavirus multiplied and spread around the world. But it's the sharp sell-off in the equity markets - from New York to Rio and ol' London town - that propelled the powers-that-are into a "concerted" action. Yes Virginia, each and every ...

China vaccinates against corona

BENJAMIN ONG  |  MONDAY, 24 FEB 2020
... markets reduction in its one-year medium-term facility rate from 3.25% to 3.15% three days earlier. In addition, as The New York Times published: "China will cut some pension contributions and insurance fees to help companies cope with the coronavirus ...

Focus to acquire stake in MEDIQ

KANIKA SOOD  |  WEDNESDAY, 19 FEB 2020
Following its acquisition of a stake in Escala Partners, New York-based Focus Financial Partners is set to buy a slice of Melbourne-based MEDIQ Financial Services. Focus has entered a definitive agreement to partner with Ravi Agarwal's MEDIQ Financial ...

Coronavirus in, climate change out: Costello, deVere

ALLY SELBY  |  TUESDAY, 28 JAN 2020
... which has put the Chinese city Wuhan on the global map, has already spread to 16 different countries according to the New York Times, with 73 cases reported outside of China. Fears of a further proliferation of the virus were heightened after the mayor ...