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Showing 341 - 350 of 732 results for "coronavirus"

Chief economist update: Australian Renaissance

BENJAMIN ONG  |  MONDAY, 15 JUN 2020
... macroeconomic shock." There's also the risk of a second wave - as exemplified recently by the recent resurgence of coronavirus infections in Beijing - that could force the re-imposition of lockdown and social isolation measures. However, given Australian ...

SEC charges COVID-19 microcap scammers

ALLY SELBY  |  FRIDAY, 12 JUN 2020
... promotion wrongly claimed that a heated clothing company could produce medical quality facemasks in response to the coronavirus pandemic, while another claimed the securities of an automated kiosk provider for fitness centres had increased by as much ...

Mirova chief labels ethical investing pledges hollow

ELIZABETH MCARTHUR  |  FRIDAY, 12 JUN 2020
The chief executive of Mirova has refused to sign a pledge from global investors calling on nation leaders to invest sustainably in the recovery from the COVID-19 pandemic, saying they are hollow words. Over 100 global investors signed a letter through ...

ATO streamlines tax return process

ELIZA BAVIN  |  FRIDAY, 12 JUN 2020
The Australian Taxation Office has announced a streamlined approach for tax time to allow people to easily claim tax deductions for work from home arrangements. Assistant commissioner Karen Foat said the ATO has a range of different approaches to support ...

Chief economist update: The second wave

BENJAMIN ONG  |  FRIDAY, 12 JUN 2020
... George Floyd protest rallies and reopening in most US states threaten a second wave. Already, there are accounts of new coronavirus infections starting to emerge in Texas, Florida, and California. This is in addition to Factset's report (quoting ...

US GDP to contract 6.5%: Fed

ELIZA BAVIN  |  THURSDAY, 11 JUN 2020
The US Federal Reserve has projected rates will remain near zero through 2022 and GDP will contract 6.5% as a result of COVID-19. The Fed also pledged to maintain at least the current pace of asset purchases, which is around US$80 billion per month. ...

COVID-19 inspires pump and dump scheme

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 JUN 2020
A Californian penny stock trader is in trouble with the law after he claimed a company he was trading stocks in had developed a special COVID-19 test. The US Securities and Exchange Commission (SEC) has filed a complaint against Jason Neilson, saying ...

Bad news for BDMs despite industry-wide uptick

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 JUN 2020
The latest market update for financial services in Australia from Kaizen Recruitment contains some welcome good news, but times remain tough for business development managers. Kaizen recently surveyed over 50 financial services organisations regarding ...

Property yet to show COVID-19 pain

ELIZA BAVIN  |  WEDNESDAY, 10 JUN 2020
House prices rose during the March quarter, despite expectations for the opposite, according to the latest statistics published by REIA. The research shows that during the March quarter the weighted average median price for houses for the eight capital ...

Chief economist update: Equity market disconnect

BENJAMIN ONG  |  WEDNESDAY, 10 JUN 2020
... and overall reopening for business in a growing number of countries around the planet suggests that the worst of the coronavirus pandemic maybe (is?) behind us. As such, equity markets are going on a tear. After losing nearly a third of their value this ...