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Showing 521 - 530 of 5122 results for "Street"

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

BENJAMIN ONG  |  FRIDAY, 27 MAR 2020
... unemployment rate shows that even Bullard's grim forecast appears to be an underestimation. In spite of these, Wall Street rallied overnight -- Dow +6.38%, S&P 500 +6.24%, Nasdaq +5.60%, Russell 2000 +6.30%. Perhaps it's because claims came in ...

Chief economist update: COVID-19 eating into jobs

BENJAMIN ONG  |  THURSDAY, 26 MAR 2020
Wall Street and most other equity markets welcomed reports that the White House and the US Senate have finally reached a deal to unleash a stimulus package worth around US$2 trillion. "Highlights include: $250B in direct payments to Americans; $367B ...

Cbus Property launches new project

ELIZA BAVIN  |  TUESDAY, 24 MAR 2020
... joint venture partnership to construct a new building in the Sydney CBD. The project, located at 111 and 121 Castlereagh Street, will be a "luxury" residential, retail and office space building, transforming the former David Jones Men's Store. "The heritage ...

Superannuation fund delays custodian swap

KANIKA SOOD  |  THURSDAY, 19 MAR 2020
... which is led by Angelo Calvitto, has been climbing up the custody league tables and shot past Citi, BNP Paribas and State Street in the six months to December. It is now the third-largest custodian in Australia, after J.P. Morgan ($866 billion) and NAB ...

NYSE closes trading floor

ELIZA BAVIN  |  THURSDAY, 19 MAR 2020
... after the most heavily populated island of Luzon was put in mandatory isolation. Despite the high market volatility Wall Street is determined to remain open as halting trade is viewed as extreme. Most recently, the markets were closed during Hurricane ...

Prodigy folds, two boutiques to shut

KANIKA SOOD  |  WEDNESDAY, 18 MAR 2020
... and now runs Koda Capital, partnered with Euroz in 2014 to start Prodigy and over time attracted three boutiques: Dalton Street Capital, Flinders Investment Partners and Equus Point Capital. Last Friday, Euroz decided to stop funding Prodigy, taking ...

World rolls out stimulus

ELIZA BAVIN  |  WEDNESDAY, 18 MAR 2020
... amount to 4% of GDP, in what the finance minister said is one of the largest in the world on a per capita basis. State Street Global Advisors said that while the market has yet to view the combined action from central banks as effective, here is hope ...

Centuria opens new office, appoints GM

HARRISON WORLEY  |  TUESDAY, 17 MAR 2020
... into Queensland. McGuigan will work from the firm's new Brisbane office, located within the $89 million 348 Edward Street property it purchased late last year. Queensland properties make up around 20% of the firm's assets under management, representing ...

Wall Street tumbles, ASX holds ground

ELIZA BAVIN  |  TUESDAY, 17 MAR 2020
Wall Street has been taking a battering since the coronavirus outbreak left the shores of China, with the S&P 500 falling another 12% overnight. A sharp cut in interest rates, stricter quarantine enforcements around the globe and a change of tone from ...

Chief economist update: Coronavirus cures climate change

BENJAMIN ONG  |  MONDAY, 16 MAR 2020
Friday the 13th isn't so unlucky after all as it turned out to be a rally day on Wall Street. The S&P 500 index surged by 9.3% while the Dow and the Nasdaq pole-vaulted by 9.4% the day after US President Trump's declaration of a national emergency ...