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Showing 31 - 40 of 173 results for "World Bank"

Facebook to launch own currency

HARRISON WORLEY  |  WEDNESDAY, 19 JUN 2019
... internet and their low costs. The tech giant said much of the world's adult population - almost half according to the World Bank - don't have an active bank account, with even more dire numbers for women. "The cost of that exclusion is high - approximately ...

Chief economist update: Oil market slides from bull to bear

BENJAMIN ONG  |  FRIDAY, 7 JUN 2019
... prices is likely to intensify as global demand takes a hit from even weaker economic activity. In its June report, the World Bank recently downgraded its global GDP growth forecasts to 2.6% this year (from 2.9% it predicted in January) and 2.7% (from ...

Chief economist update: The Budget surplus can wait

BENJAMIN ONG  |  THURSDAY, 6 JUN 2019
"Anything that could go wrong will go wrong." - Murphy's law. It seems like it for us, Australians all. The latest (although dated) GDP growth figures showed that domestic economic growth slowed to its slowest pace in a decade (in the midst of the ...

India Avenue fund distribution boosted

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAR 2019
... managers are keen to communicate to Australian investors there is potential for growth in Indian equities. According to World Bank data, India is projected to be the world's third largest economy by 2030, behind only the US and China. Last year, India ...

Special Report: Hitting new ETF goals

KARREN VERGARA  |  FRIDAY, 16 NOV 2018
... mid-2017. Equity indices overwhelmingly dominate over 95% of the benchmarks. The number of listed stocks, according to the World Bank, clicks over 43,000. And there are about 5300 ETFs worldwide, IIA chief executive Rick Redding says, which goes to show ...

TCorp sets green bond record

DARREN SNYDER  |  WEDNESDAY, 14 NOV 2018
... million release in 2016 and doubled the Queensland Government's $750 million issuance last year. Separately, the World Bank is partnering with Westpac and BNP Paribas to launch the first Sustainable Growth Bonds for Australian investors. The bonds ...

Chief economist update: The Middle Kingdom's middling growth

BENJAMIN ONG  |  TUESDAY, 6 NOV 2018
... of our total exports to China in FY 2016/17. In turn, exports account for more than 20% of the Australian economy (World Bank data). So what's happening in China? While Chinese GDP growth slowed from 6.7% in the second quarter to 6.5% in the third ...

CBA ramps up blockchain

KANIKA SOOD  |  FRIDAY, 26 OCT 2018
... Bank is close to completing more blockchain projects, after it delivered the world's first blockchain bond with World Bank in August. Speaking at SIBOS, Sophie Gilder who is CBA's head of experimentation and commercialisation for blockchain ...

Macquarie boss joins climate change commission

KANIKA SOOD  |  WEDNESDAY, 17 OCT 2018
... The initiative is led by tech billionaire and philanthropist Bill Gates, former UN secretary general Ban Ki-Moon and World Bank chief executive Kristalina Georgieva. Wikramanayake is one of the 28 commissioners chosen from the 17 convening countries ...

Chief economist update: Is China starting to slow down?

BENJAMIN ONG  |  TUESDAY, 9 OCT 2018
... rebalancing and China won't be hurt as much. This is because China's reliance exports have fallen over the years. World Bank figures show that China's exports have dropped to 19.8% of GDP in 2017 from 27.3% in 2012 and 39.1% in 2006. At the ...