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Showing 41 - 50 of 490 results for %22May 27 record close%22

Chief economist update: Rents under covid

BENJAMIN ONG  |  MONDAY, 28 SEP 2020
... reducing vacancy rates and supporting rents. Alternatively, setbacks in controlling the virus in Australia and internationally may delay the reopening of international borders, prolonging the loss of demand from international tourists and students. Domestic ...

Westpac reaches $1.3bn AUSTRAC deal

ELIZA BAVIN  |  THURSDAY, 24 SEP 2020
... $900 million plus associated costs. Westpac noted that the proceedings were expected to be complex and the ultimate penalty may be higher when determined by the court. The bank said the penalty of $1.3 billion reflects the outcome of ongoing review and ...

Chief economist update: Prime Minister Suga

BENJAMIN ONG  |  TUESDAY, 15 SEP 2020
... country's growth rate to 2%; and, structural reforms and liberalisation of some sectors to revitalise Japan's industries. Abe may not have stayed long enough to see the fruits of his labour but his record-breaking stint as prime minister provided ...

Chief economist update: Japan economy tanks depsite looser restrictions

BENJAMIN ONG  |  THURSDAY, 27 AUG 2020
... negative growth, what do you call a period where the economy contracts for three straight quarters... and counting? Japan may have imposed less stringent coronavirus containment measures relative to its peers but even this didn't stop its economy ...

Chief economist update: Worse news is better news

BENJAMIN ONG  |  THURSDAY, 20 AUG 2020
... Starecase The S&P 500 index closed 0.4% lower to 3374.85 points overnight, failing to push above the previous trading day's record high finish of 3389.78 points... but not before hitting a fresh all-time high of 3399.54 points in intra-day trade. ...

S&P 500 rebounds from COVID-losses

ELIZA BAVIN  |  WEDNESDAY, 19 AUG 2020
... trending up," she said. "The S&P 500 has likely broken above a 200% Fibonacci extension level at 3360 this week, and thus may have room for further upside."

Chief economist update: COVID-19 cycle

BENJAMIN ONG  |  MONDAY, 17 AUG 2020
... more than three months with officials citing returning travelers as the cause. France marked its highest daily rise since May and placed red alerts on Paris and Marseille. Spain continued to face the worst coronavirus infection rate in Western Europe ...

Advisers bolt to cash, gold

ANNABELLE DICKSON  |  FRIDAY, 14 AUG 2020
... quantitative easing programs across the globe and ongoing risks from COVID-19." "Silver has traditionally followed gold closely and may be set for market interest as investors look for alternatives to gold," he said. ETFs Physical Silver has returned ...

Chief economist update: Ardern's ardour

BENJAMIN ONG  |  TUESDAY, 11 AUG 2020
... August 10 marked 100 days that the country has gone without any recorded case of coronavirus infection - 'twas way back on May 1 when New Zealand reported the last infection. Prime Minister Jacinda Ardern's tough measures worked but our Kiwi ...

Chief economist update: Second wave comes to Japan

BENJAMIN ONG  |  MONDAY, 27 JUL 2020
Getting bitten by the love bug may be lovelier the second time around but definitely not if it's a second bite from the coronavirus. Australia is currently in the midst of it. Now the second wave looks like it's come to Japan. According to Kyodo ...