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Showing 11 - 20 of 2917 results for "Overnight"

RBA rate rises up in the air: Economists

CASSANDRA BALDINI  |  FRIDAY, 24 MAR 2023
... slow the economy. "Enough to get inflation to fall to its 2-3% target but without delivering a recession," he said. Overnight, the Bank of England opted to raise interest rates, hiking them a further 25 basis points to 4.25%.

ASX shifts slightly on Credit Suisse, First Republic

CASSANDRA BALDINI  |  FRIDAY, 17 MAR 2023
The ASX rebounded slightly this morning following the overnight bailouts of First Republic Bank and Credit Suisse, but has since remained unsteady. This mornings slight jump - 0.3% - was pretty modest, CommSec senior economist Ryan Felsman told Financial ...

Credit Suisse, oil prices see ASX fall: CommSec

CASSANDRA BALDINI  |  THURSDAY, 16 MAR 2023
... selloffs across financial markets due to investor risk aversion, owing to Credit Suisse's share price dropping 24% overnight. "A couple of days ago, the bank released its annual report for 2022 and in that annual report, it pointed to some financial ...

HSBC bails out Silicon Valley Bank UK

CASSANDRA BALDINI  |  TUESDAY, 14 MAR 2023
... The US government and regulators are trying to understand what led to the second biggest bank crash in its history. Overnight the Federal Reserve board announced that vice chair for supervision Michael Barr is leading a review, of the supervision and ...

Government progresses social housing measures

KARREN VERGARA  |  FRIDAY, 10 FEB 2023
The Albanese government's package of social and affordable housing legislation was introduced in parliament overnight. Under the Housing Australia Future Fund Bill 2023, some $10 billion will be used to deliver 30,000 social and affordable homes. ...

Increased scrutiny on private credit

CHLOE WALKER  |  WEDNESDAY, 14 DEC 2022
... position in the market right now, especially as 95% of the asset class in private credit is floating rate. "As the Secure Overnight Financing Rate (SOFR) and the London Inter-Bank Offered Rate (LIBOR) curves have now blown out and will be close to 3.5% ...

Affordable housing in Budget spotlight

JAMIE WILLIAMSON  |  TUESDAY, 25 OCT 2022
... Accord, he said. "We don't pretend that this Accord solves every issue, nor do we pretend we can solve this problem overnight," he said. "But this is a serious start - a serious agenda that will lead to more Australians knowing the security of a ...

Aura Group launches term deposit fund

CHLOE WALKER  |  FRIDAY, 9 SEP 2022
... liquidity, a portion of the portfolio is allocated to cash, including cash at bank, cash held in cash management accounts or overnight deposits with the remainder spread across term deposits with durations of 30 days to 36 months. "The Aura Term Deposit ...

Stock exchanges, industry pay tribute to Queen Elizabeth II

JAMIE WILLIAMSON, CASSANDRA BALDINI  |  FRIDAY, 9 SEP 2022
... to honour Her Majesty Queen Elizabeth II, while several financial services organisations have also marked her passing overnight. The Royal Family announced early this morning that The Queen passed away peacefully at her Balmoral residence. She was Britain's ...

Norwegian wealth fund records $250bn loss

JAMIE WILLIAMSON  |  THURSDAY, 18 AUG 2022
... technology stocks. The world's largest sovereign wealth fund reported the record loss as part of its first half results overnight, returning -14.4% for the period. The fund's equity investments returned -17%; technology stocks returned -28% with some ...