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Showing 421 - 430 of 2495 results for "Central Bank"

AMP Life sale nears completion, new execs appointed

KANIKA SOOD  |  TUESDAY, 23 JUN 2020
... AMP Life has appointed a chief investment officer and a deputy, as its sale to Resolution Life crosses New Zealand central bank's concerns raised last July. The sale was first announced in October 2018 for $3.3 billion and the completion date set for ...

Chief economist update: Victoria's Cinderella moment

BENJAMIN ONG  |  MONDAY, 22 JUN 2020
Victoria was primed and pumped for the second stage of looser coronavirus restrictions after the clock strikes midnight on June 22. From 12:01 am, 50 people (increased from 20) would be allowed inside cafes, restaurants, cinemas, theatres, auditoriums ...

S&P warns of record fallen angels

ELIZA BAVIN  |  FRIDAY, 19 JUN 2020
... status and a record 126 on a rating of BBB-, the lowest investment-grade rung. The ratings agency said moves by the US central bank to pump liquidity into the market through corporate bond purchases may help buffer the market. "The Federal Reserve's ...

Chief economist update: Honey, COVID-19 got me sacked

BENJAMIN ONG  |  FRIDAY, 19 JUN 2020
... lockdowns and social interaction restrictions will have to be reinstated. The good news is that both the Australian central bank (it's prepared to scale-up its government purchases again and will do whatever is necessary to ensure bond markets remain ...

Profound uncertainty remains: IMF

ELIZA BAVIN  |  THURSDAY, 18 JUN 2020
The International Monetary Fund (IMF) said in surveying the economic landscape, the sheer scale and severity of the global lockdown has been striking. Gita Gopinath, economic counsellor and director of the research department at the IMF, said the "Great ...

Chief economist update: The power of money (and a cure)

BENJAMIN ONG  |  WEDNESDAY, 17 JUN 2020
... of the US economy in 2020 - predicting GDP growth to contract by 6.5% this year - but which world government and central bank hasn't? But grim as the Fed's projections may be, this is better than the World Bank's current revised forecast ...

The secret to neutralising sequencing risk

ALLY SELBY  |  TUESDAY, 16 JUN 2020
A Melbourne-based investment management firm says the key to avoiding sequencing risk is to build an "all weather" portfolio. Absolute-return fund Cor Capital said pre-retirees and retirees in particular need to pay attention to sequencing risk to avoid ...

Chief economist update: The second wave

BENJAMIN ONG  |  FRIDAY, 12 JUN 2020
... of the US economy in 2020 - predicting GDP growth to contract by 6.5% this year - but which world government and central bank isn't? But grim as the Fed's projections may be, this is better than the World Bank's current revised forecast for ...

US GDP to contract 6.5%: Fed

ELIZA BAVIN  |  THURSDAY, 11 JUN 2020
... its full range of tools to support the US economy in this challenging time" Fed chair Jerome Powell indicated the central bank would continue to review the asset purchase forward guidance and that they have been studying the international evidence on ...

Chief economist update: Equity market disconnect

BENJAMIN ONG  |  WEDNESDAY, 10 JUN 2020
"Crocodile came up, bit my guts out and bit me into parts... pieces and then my legs went that way and then my head went that way" -- HBA Insurance Australian TV ad The TV ad might as well be describing the current state of play - equity markets heading ...