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Showing 11 - 20 of 3318 results for "Central"

Billionaire receives death penalty for embezzlement

KARREN VERGARA  |  FRIDAY, 12 APR 2024
... She orchestrated the 2011 merger of the beleaguered SCB bank with two other lenders in coordination with Vietnam's central bank," PBS said. The Associated Press reports that 85 other people are being prosecuted in connection with the matter.

Job flexibility, labour market delay retirement age

KARREN VERGARA  |  WEDNESDAY, 10 APR 2024
... retirements for Sydney and Brisbane can be linked to people leaving cities and moving to nearby coastal areas such as the Central Coast, Sunshine Coast, and Gold Coast once they exit the workforce. "Even in a tight labour market, we may have reached ...

Powell confirms rate cuts likely 'at some point' this year

ELIZA BAVIN  |  THURSDAY, 4 APR 2024
It's been all eyes on the US Federal Reserve as investors patiently await interest rate cuts, with the US central bank indicating they should arrive this year. Now US Federal Reserve chair Jerome Powell has confirmed the bank is targeting a rate cut ...

Legalsuper names chief investment officer

JAMIE WILLIAMSON  |  THURSDAY, 28 MAR 2024
... and Bankers Trust and spent three years at the Reserve Bank of Australia as an analyst. The fund said Murray's role "is central to the future strategic direction of the fund," adding that his experience will "assist to develop and execute our plans." ...

Bitcoin investing is on the rise, but more regulation is needed

ELIZA BAVIN  |  WEDNESDAY, 27 MAR 2024
In April the Bitcoin halving event will occur. This is when the amount of Bitcoin someone can mine from a Bitcoin block is halved, making the cryptocurrency more valuable. In anticipation of this event Australian investors have been stocking up on Bitcoin. ...

T. Rowe Price launches bond fund

KARREN VERGARA  |  TUESDAY, 26 MAR 2024
... spreads. "However, this benign investment environment was upended in 2022 as the US Fed, Reserve Bank of Australia and other central banks around the world embarked on a rapid rate hiking cycle to curb high inflation. This new market environment of structurally ...

Why BlackRock is taking a risk-on view

ELIZA BAVIN  |  TUESDAY, 26 MAR 2024
... support "cheery risk sentiment". As such, it has tweaked its tactical views and is staying firmly on the pro-risk side. "Central bank activity last week gave markets the thumbs up to stay upbeat. That keeps us pro-risk in our six- to 12-month tactical ...

US Federal Reserve eyes multiple interest rate cuts this year

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
... think the RBA has decided it is willing to tolerate inflation being above its target for longer than its 'peer' central banks are willing to allow inflation being above their respective targets, in order to preserve as much as they can of the ...

Economists react to latest RBA rate decision

ANDREW MCKEAN  |  WEDNESDAY, 20 MAR 2024
... tightening bias has not been removed. The board "can't rule out either [rate hikes or cuts]." As such, Bloxham's central case is that the RBA will remain on hold through 2024, before beginning to cut in early 2025. AMP chief economist Shane Oliver ...

Markets, economies benefit from eustress: ABDO

KARREN VERGARA  |  WEDNESDAY, 20 MAR 2024
... Most people would agree that the cash rate of 4.35% is high, Paton said. "However, over the last 35 years the average central bank rate has been 4.42%. On a longer-term basis, today's rates are far more normal than those we had prior to May 2022." ...