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Showing 21 - 30 of 635 results for "HSBC"

Bullock keeps cash rate at 4.10%

KARREN VERGARA  |  WEDNESDAY, 4 OCT 2023
... have been saying for months, increasing the cash rate is only good for reducing demand-side pressures like consumer demand." HSBC chief economist for ANZ and global commodities Paul Bloxham predicts a 0.25% hike in the last quarter of 2023, potentially ...

Inflation rises to 5.2%

CASSANDRA BALDINI  |  THURSDAY, 28 SEP 2023
... from the monthly CPI indicator, the annual rise of 5.5% in August is lower than the annual rise of 5.8 in July." Meanwhile, HSBC chief economist Australia New Zealand Paul Bloxham cautioned that the numbers might indicate a potential easing of inflation ...

Gender parity in funds management stalls

ANDREW MCKEAN  |  WEDNESDAY, 20 SEP 2023
... 13,110. Leading the charge in gender diversity among asset managers with over 100 employees are abrdn (21%), followed by HSBC Asset Management (19%), and Schroders (18%). However, even these firms are experiencing setbacks; abrdn's female representation ...

Aussie investors tighten purse strings: Survey

CHLOE WALKER  |  TUESDAY, 19 SEP 2023
... the continued interest rate increases and concerns of an economic slowdown has dimmed self-directed investor confidence," HSBC Australia head of investments Donahue D'Souza said. "It has been a tough year impacting people in different ways, and we ...

RBA holds cash rate at 4.1%

CASSANDRA BALDINI  |  WEDNESDAY, 6 SEP 2023
... believe the RBA will need to hike one or possibly two times to ensure that inflation falls back into the 2% to 3% band." HSBC economists Australia, New Zealand and global commodities Paul Bloxham and Jamie Culling agreed that the RBA judged its tightening ...

Latest CPI data provides case for rate pause

CHLOE WALKER  |  THURSDAY, 31 AUG 2023
... inflation risks, as outside of the more volatile aspects of the CPI (food, fuel and holidays) prices remain stickier," she said. HSBC chief economist Australia, New Zealand and global commodities Jamie Culling agreed. While dis-inflation is evident across ...

HSBC committed to local custody arm despite rapid decline in assets

JAMIE WILLIAMSON  |  TUESDAY, 22 AUG 2023
Despite its local assets under custody and administration plummeting by more than 60% in the past six months, HSBC is adamant it's not going anywhere. The most recent statistics to come out of the Australian Custodial Services Association (ACSA) show ...

Major economies buoyed by tight jobs market

KARREN VERGARA  |  FRIDAY, 21 JUL 2023
... economic activity has showed signs of slowing, but this has yet to translate through to a clear loosening in the labour market," HSBC chief economist for Australia, New Zealand and global commodities Paul Bloxham said. AMP deputy chief economist Diana ...

Maple-Brown Abbott names risk chief

ELIZABETH FRY  |  FRIDAY, 7 JUL 2023
... her career, Birrell has also worked at Deutsche Bank, TD Waterhouse Investor Services, Schroders Investment Management and HSBC Markets (Australia). Commenting on Helen's appointment, Rahmani said: "We are very excited about the appointment of Helen ...

Inflation drops to 5.6%

CASSANDRA BALDINI  |  THURSDAY, 29 JUN 2023
... beverages up 7.9%, and furniture, household equipment and services up 6%. Partly offsetting the rise was a fall in fuel, down 8%. HSBC chief economist Paul Bloxham said the figures were a win for Australians but it's too soon to declare victory in ...