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Showing 561 - 570 of 732 results for "Coronavirus"

COVID-19 is not the only factor: deVere

ELIZA BAVIN  |  WEDNESDAY, 15 APR 2020
... first-quarter earnings results season gets underway. "We will get an insight this week into how heavy a hammer-blow coronavirus has delivered to corporate America and corporate Europe in the first three months of the year," Green said. "Almost inevitably ...

Worse than the Great Depression: IMF

ELIZA BAVIN  |  WEDNESDAY, 15 APR 2020
The International Monetary Fund has predicted Australia's GDP will be -6.7% this year due to the effects of COVID-19. Gita Gopinath, economic counsellor and director of the research department at the IMF, said the pandemic has resulted in a collapse ...

Chief economist update: How deep the global recession?

BENJAMIN ONG  |  WEDNESDAY, 15 APR 2020
... expectations and the risks to its outlook. No one bothered to look outside the square. Blame China for it seems that the coronavirus had already been doing the rounds in Wuhan before the ink on the IMF's January 2020 report dried... or the enter ...

COVID-19 damage to stretch several quarters: Natixis IM

ALLY SELBY  |  TUESDAY, 14 APR 2020
... stretch several quarters beyond the containment of the virus. There are now nearly two million confirmed cases of the coronavirus around the world, with 119,588 who have died from the virus. It comes as the US overtakes Italy's death toll from COVID-19 ...

Changes to foreign investment rules hurt managed funds

ALLY SELBY  |  TUESDAY, 14 APR 2020
A Chinese-Australian funds manager has slammed changes to the foreign investment review framework, arguing they will damage the Australian economy and its managed funds businesses. Atlas Advisors Australia said the new temporary FIRB rules would curb ...

Chief economist update: BOK holds as infections ease

BENJAMIN ONG  |  TUESDAY, 14 APR 2020
South Korea's KOSPI index has rebounded by 26.5% from the coronavirus-induced plunge that saw it hit an 11-year low of 1457.6 points recorded on March 19 this year - reducing its 2020 year-to-date loss by more than half to -16.1% from -33.7%. Similarly ...

Isolated advisers enter the digital age

ALLY SELBY  |  THURSDAY, 9 APR 2020
... the perfect storm. That is, if they weren't already. "We already thought we were in a perfect storm before the coronavirus outbreak in terms of being hit from all directions," Association of Financial Advisers chief executive, Philip Kewin said. ...

Never say never to RBA help: First State Super

HARRISON WORLEY  |  THURSDAY, 9 APR 2020
One of the nation's largest superannuation funds believes now is not the time for the RBA to step in with liquidity support, but said it's a solution which shouldn't be ruled out. First State Super is confident it does not need specific ...

Trading platforms see record use

HARRISON WORLEY  |  THURSDAY, 9 APR 2020
The COVID-19 pandemic saw Australia's equity markets become a hive of activity throughout March, as self-directed investors moved to protect their portfolios from the crisis' economic fallout. Investment platform Self Wealth released its quarterly ...

Will COVID-19 kill the balanced option?

ELIZABETH MCARTHUR  |  THURSDAY, 9 APR 2020
As consumers saw their superannuation balances nosedive when the COVID-19 pandemic began wreaking havoc on the market, many were surprised to learn their retirement savings weren't quite as safe as they thought, reigniting the debate around 'balanced' ...