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Showing 11 - 20 of 255 results for "Minutes of"

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

ALLY SELBY  |  TUESDAY, 10 MAR 2020
... Financial Crisis. The S&P/ASX 200 has fallen 19.6% from its February highs. A 20% drop marks a bear market. In the first 10 minutes of trade this morning, the S&P/ASX 200 fell 3.6% or 215 points. Although it officially entered bear market territory ...

HUB24 also in line at Sargon

KANIKA SOOD  |  FRIDAY, 28 FEB 2020
... secured creditors, ASX-listed platform HUB24 has emerged as another party owed money, joining OneVue, according to minutes of the first creditors meeting held on February 13. HUB24 is owed about $4 million, secured against one of the companies. It has ...

JANA dragged into Rest legal stoush

ELIZABETH MCARTHUR  |  TUESDAY, 7 JAN 2020
... management appears to be a key element in the cast, with the court documents stating that Rest should provide: "Agendas, minutes of meetings and all documents placed before the Audit Risk Compliance Committee and board evidencing consideration of any ...

Chief economist update: Rate cuts coming, but not on race day

BENJAMIN ONG  |  MONDAY, 21 OCT 2019
... achieved having the Budget surplus immortalised on paper). Forget about a Melbourne Cup Day interest rate cut! The minutes of the Reserve Bank of Australia's (RBA) October 1 Board meeting first hinted on this, stating that the stimulatory effects ...

ASX faces challenge on ETF stronghold

KANIKA SOOD  |  TUESDAY, 15 OCT 2019
... active fixed income strategy from Kapstream. It chose the exchange over the incumbent ASX. In the first hour and forty minutes of trading this morning, brokers transacted about $12,500 of the inaugural listing, in four trades. And there are many more ...

Chief economist update: Jerome is in the Hole

BENJAMIN ONG  |  FRIDAY, 23 AUG 2019
... market anxiety. Jerome's task is not made any easier by the current internal division of views at the Fed, as the minutes of the 30-31 July FOMC reveal -- when it decided to cut the fed funds rate by 25 bps to 2.0%-2.25%. "A couple of participants ...

Chief economist update: Glass half-full or US recession on the way?

BENJAMIN ONG  |  WEDNESDAY, 29 MAY 2019
... and low (even easing) inflation. For all intents and purposes, the Fed's "policy of patience" - reinforced in the minutes of its May FOMC meeting - can be considered the correct approach. Everything comes to him who waits. The data-dependent Fed ...

Chief economist update: The power of one

BENJAMIN ONG  |  TUESDAY, 28 MAY 2019
... same in RBA governor Philip Lowe's speech before the Economics Society of Australia on May 21 and later, in the minutes of the RBA's board meeting. I could live with two or three, even four interest rate reductions. The thing is, they don't ...

Chief economist update: A good problem to have?

BENJAMIN ONG  |  TUESDAY, 30 APR 2019
... Fed funds rate would remain on ice at least not until 2019 becomes 2020. The Fed is aware of this as published in the minutes of a March meeting: "A few participants observed that the appropriate path for policy, insofar as it implied lower interest ...

Chief economist update: The Fed pause that refreshes

BENJAMIN ONG  |  WEDNESDAY, 24 APR 2019
... forward guidance of a pause was sufficient to lift the animal spirits among equity investors. It reaffirmed this in the minutes of its 19-20 March FOMC meeting. "With regard to the outlook for monetary policy beyond this meeting, a majority of participants ...