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Showing 321 - 330 of 1309 results for "Surprise"

Chief economist update: An Indian surprise

BENJAMIN ONG  |  MONDAY, 8 OCT 2018
Just when we thought the times of central bank surprises were things of the past, the Reserve Bank of India (RBI) brought them back. The RBI kept interest rates unchanged - repo rate at 6.5%, reverse repo rate at 6.25% - at the conclusion of its October ...

Elon Musk steps down as Tesla chair

KANIKA SOOD  |  TUESDAY, 2 OCT 2018
... outpaces competitors. And it has battery manufacturing experience to top that. "There is capacity for Tesla's stock to surprise in the future," she said. "If the company meets its production targets in the next year, it could become profitable." ...

A day of shame for Aussie banks: Bligh

HARRISON WORLEY  |  FRIDAY, 28 SEP 2018
Australian Banking Association chief executive Anna Bligh said the Royal Commission's interim report into misconduct in financial services marked a "day of shame" for Australia's banks. Holding a press conference after Commissioner Kenneth Hayne ...

Chief economist update: Surplus here we come

BENJAMIN ONG  |  WEDNESDAY, 26 SEP 2018
... taking the fed funds rate to 2%-2.25% when it concludes its September FOMC meeting later today. That wouldn't be a surprise. Another 25 basis point hike in December also wouldn't be a surprise. What is a surprise is the reaction of world leaders' ...

Managed accounts could outstrip super sector on CIPRs

KANIKA SOOD  |  WEDNESDAY, 5 SEP 2018
New retirement income products from the financial advice space could arrive sooner than those from superannuation funds but there is still a long wait for both, according to State Street Global Australia. In its May budget, the Federal Government said ...

VicSuper among top pension funds, others climb

KANIKA SOOD  |  TUESDAY, 4 SEP 2018
... that risks are skewed to the downside although the expected return is still positive. By that, we mean that a negative surprise and reduced returns are more likely than returns surprising on the upside," Newfield said. He added that the increase in political ...

Royal Commission on social media: Regulators under scrutiny

HARRISON WORLEY  |  FRIDAY, 17 AUG 2018
... superannuation hearings turned onto the final straight this week, commentators took to Twitter to have their say. Hardly a surprise given the #BankingRC > "...The banking, finance and insurance sector now has the lowest Ethics Index score of all sectors ...

Chief economist update: BOJ to stop throwing good money after bad?

BENJAMIN ONG  |  TUESDAY, 24 JUL 2018
... these new policy speculations. It'll take Japan farther away from that inflation nirvana. It therefore comes as no surprise that when asked about the veracity of these reports, BOJ Governor Haruhiko Kuroda replied: "I know absolutely nothing about ...

Aussie retirees blindsided by cost of living: Schroders

HARRISON WORLEY  |  THURSDAY, 19 JUL 2018
The cost of living in retirement is surprising Australians as a significant gap between financial expectations and reality emerges. Latest Schroders research shows working Australians save an average of 12% of their current income for retirement; despite ...

Robo-advice users in for the long haul

JAMIE WILLIAMSON  |  WEDNESDAY, 11 JUL 2018
... platforms were lower fees and investment diversification, highlighted by 18.3% and 16.7% of users respectively. "It's no surprise that the younger demographic is embracing technology in financial services, and these results demonstrate that these ...