Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 541 - 550 of 1329 results for "Pandemic"

Chief economist update: Did the BOE just announce taper?

BENJAMIN ONG  |  FRIDAY, 7 MAY 2021
... medium term. Still, the BOE cautions that the economic outlook remains uncertain and depends on the "evolution of the pandemic" while at the same time providing assurance that, it stands ready to increase the pace of bond purchases "should market functioning ...

Schroders launches new fund

ELIZABETH MCARTHUR  |  THURSDAY, 6 MAY 2021
... above benchmarks." He added that China is now leading other countries in terms of its economic recovery following the pandemic, and industrial activity has improved while domestic consumption is almost back to pre-pandemic levels. "The share of Chinese ...

Chief economist update: Japan's elusive virtuous cycle

BENJAMIN ONG  |  THURSDAY, 6 MAY 2021
... Japan's economic activity, mainly in the face-to-face services sector, is expected to be lower than that prior to the pandemic for the time being, the economy is likely to recover, with the impact of the novel coronavirus (COVID-19) waning gradually ...

ANZ profits up 45%, dividends double

KANIKA SOOD  |  WEDNESDAY, 5 MAY 2021
... time," ANZ chief executive Shayne Elliott said. "There is still significant uncertainty. You only need to look at how the pandemic is playing out overseas, as well as recent lockdowns, to realise how quickly the situation can escalate."

Chief economist update: A date with the RBA in July

BENJAMIN ONG  |  WEDNESDAY, 5 MAY 2021
... of the JobKeeper - the RBA, along with the Federal government - cannot be faulted for declaring its battle against the pandemic "Mission Accomplished". But unlike the Bank of Canada which walked its optimistic talk by announcing a "tapering of QE" at ...

Chief economist update: The Fed and Australia

BENJAMIN ONG  |  TUESDAY, 4 MAY 2021
... price of bonds fall. The ugly. While recent activity indicators have been improving, risk remains until the coronavirus pandemic is completely vapourised. A sooner-than-expected removal of policy accommodation and lifting of interest rates could jeopardise ...

Westpac profit climbs, executive leaves

ANNABELLE DICKSON  |  MONDAY, 3 MAY 2021
Westpac has signalled its recovery from the pandemic with cash earnings increasing by 256% to $3.5 billion over the last 12 months, as it looks to reduce costs by 2024 and farewells a key executive. In its half-year results, Westpac recorded a 189% ...

Chief economist update: COVID-19 causes double-dip

BENJAMIN ONG  |  MONDAY, 3 MAY 2021
... technical definition of a recession (two consecutive quarters of negative growth). The Eurozone registered its first pandemic-induced recession last year when GDP dropped in the first (-3.8%) and second (-11.6%) quarters of 2020. But this had been largely ...

Chief economist update: Not yet time to make a change

BENJAMIN ONG  |  FRIDAY, 30 APR 2021
... support, indicators of economic activity and employment have strengthened. The sectors most adversely affected by the pandemic remain weak but have shown improvement". The US National Accounts released the day after backs up the Fed's statement. ...

ASIC appoints new chair, deputy chair

ELIZABETH MCARTHUR  |  THURSDAY, 29 APR 2021
... supporting the financial system and economy, especially as Australia recovers from the downturn caused by the COVID-19 pandemic." Shipton added that he will work with Longo and Court to facilitate a smooth transition. Deputy chair Karen Chester had previously ...