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| | | "Sweet days of summer, the jasmine's in bloom July is dressed up and playing her tune... Summer breeze, makes me feel fine, blowing through the jasmine in my mind" -Summer Breeze, Seals and Crofts It was expected. China was first in. It was the ... |
| | | | "As the economy reopens, incoming data are beginning to reflect a resumption of economic activity: Many businesses are opening their doors, hiring is picking up, and spending is increasing. Employment moved higher, and consumer spending rebounded strongly ... |
| | | | For the first time in eight years, more high net worth individuals (HNWI) emerged in North America than in the Asia Pacific region. This is according to the World Wealth Report 2020, produced by Capgemini. HNWI wealth and population grew by almost 9% ... |
| | | | ... treat all shareholders fairly," an ASX spokesperson said. However, these companies could still seek shareholder approval for extra capital raising capacity or rely on existing capital raising mechanisms, he said. The ASX said it had consulted with ASIC ... |
| | | | The balanced options of the majority of the country's super funds are only just in the red after suffering through an unprecedented period of market volatility. Rainmaker Information executive director of research Alex Dunnin argues they have made ... |
| | | | US Federal Reserve chair Jerome Powell has painted an optimistic picture of developments in the US economy while at the same time warning of extraordinary uncertainty. "As the economy reopens, incoming data are beginning to reflect a resumption of economic ... |
| | | | ... the unemployment rate - which stood at 7.1% in May after climbing up from 5.2% in March - Grattan says. Grattan says the extra needed in stimulus spending should include temporary as well as permanent measures, and must be announced soon, by or during ... |
| | | | ... relief from compliance with its continuous professional development (CPD) requirements. FASEA will now grant advisers an extra three months to meet its 40 hour CPD requirement. "FASEA recognises the challenges presented by the current extraordinary circumstances. ... |
| | | | Pendal has increased the consideration of sustainability factors in its multi-asset target return fund, in what it claims is an Australian first. The global investment manager has introduced a new set of screens to its $189 million multi-asset target ... |
| | | | At least US$62 billion of mutual funds across the globe have suspended redemptions so far this year, already higher than at least the previous eight years, owing to COVID-19, according to Fitch Ratings. Fitch attributed the high level of suspensions ... |
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