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Showing 21 - 30 of 90 results for "early March"

S&P warns of record fallen angels

ELIZA BAVIN  |  FRIDAY, 19 JUN 2020
... below 7% late last month, and reached a three-month low of 5.90% on Monday, June 8, down from double-digit figures in early March," it said. S&P said retail funds investing in US high-yield bonds posted an inflow of US$5.1 billion during the week ended ...

Chief economist update: COVID-19 nightmare makes Brexit a dream

BENJAMIN ONG  |  THURSDAY, 18 JUN 2020
... After keeping the Bank Rate steady at 0.75% since 2018, it chopped 50 basis points to it in an emergency meeting in early March and by another 40 basis points to 0.1% later that month - as well as increasing its government and corporate bond purchases ...

Sydney boutique shutters fund

KANIKA SOOD  |  THURSDAY, 28 MAY 2020
... but it was closed out prematurely mid-way through the crash as the market became oversold and remained as such since early March." In April, it posted -2.45% returns for the month, as S&P 500 returned 12.68% (in USD) after rallying in the month. "The ...

Unemployment already over 15%: Roy Morgan

KANIKA SOOD  |  MONDAY, 4 MAY 2020
... estimate for March 2020 of 5.2%," it said. "The ABS figure for March was based on interviews conducted in reference to early March (pre shut-downs) and did not include data related to the situation in late March (post shut-downs)." About 68% of the people ...

The great fall of China

BENJAMIN ONG  |  MONDAY, 20 APR 2020
... National People's Congress (NPC) and the Chinese People's Political Consultative Conference (CPPCC) - scheduled for early March - used as a rubberstamped platform to announce the country's growth target for the year. It might be hard to imagine (pre-coronavirus) ...

Economic impact worst since WWII: Research

HARRISON WORLEY  |  THURSDAY, 9 APR 2020
... industries when flights from China were banned on February 1, quickly emerged as a serious threat to Australia's economy in early March," Roy Morgan chief executive Michele Levine said. "The rapid responses of governments around Australia to enforce ...

A coronavirus-bitten cat bounce?

BENJAMIN ONG  |  TUESDAY, 7 APR 2020
... isn't another coronavirus-bitten cat bounce. But as the chart below shows, we've been here before... since early March - US equity indices (and the rest of the world) have been oscillating between huge rises and falls since. This is a good vital ...

Mutual fund assets lose $1.3 trillion

ELIZA BAVIN  |  WEDNESDAY, 25 MAR 2020
... Organisation declaring COVID-19 a pandemic and numerous countries around the world going into lockdown. "Moving into early March, equity market losses accelerated, ultimately falling more than 20% from all-time highs, ending the 10-year bull market," ...

Former Toys "R" Us executives face fraud charges

ALLY SELBY  |  MONDAY, 16 MAR 2020
... financial officer), and Richard Barry (former chief marketing officer) continued throughout January, February, and early March 2018, to misrepresent the status of Toys 'R' Us financial condition and to urge vendors to ship more product on credit." ...

Westpac served class action

JAMIE WILLIAMSON  |  WEDNESDAY, 18 DEC 2019
... contraventions. A case management hearing was held earlier this month with another scheduled for late February or early March 2020, with the bank saying it is determined to fix its problems. Earlier this week, APRA launched its own official investigation ...