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Showing 441 - 450 of 2519 results for "Central Bank"

Chief economist update: The All Ords' ups, downs and ups

BENJAMIN ONG  |  WEDNESDAY, 1 JUL 2020
It seemed so long ago and far away now but it was only a year ago that the All Ordinaries index broke above its all-time high recorded in 2007 before climbing to a new peak in February this year. The mood was good: The US and China have reached a trade ...

Chief economist update: This rebound is brought to you by the letter V

BENJAMIN ONG  |  MONDAY, 29 JUN 2020
The gradual easing of restrictions has unfrozen social and business activity in almost every nation that decided to do so. Central banks and governments can flood the system with all the money they have, or can print, but with consumers not allowed ...

Super fund names head of portfolio design

ELIZA BAVIN  |  THURSDAY, 25 JUN 2020
A $52 billion super fund has announced a new senior appointment, with the newly created role being part of the funds new investment leadership team structure. HESTA has named Stephanie Weston as its first head of portfolio design, effective today. Weston ...

Chief economist update: Japan on the mend but BOJ, Abe not taking any chances

BENJAMIN ONG  |  WEDNESDAY, 24 JUN 2020
... firms. In that sense, comprehensive steps to boost the economy are not in place yet." Both the government and the central bank have to stand ready to provide more support if they are to avoid (or at least mitigate) the OECD's latest prediction for ...

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 ...