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Showing 41 - 50 of 6387 results for economy

UK, Japan slip into technical recession

KARREN VERGARA  |  FRIDAY, 16 FEB 2024
... Meanwhile, Japan's GDP contracted 0.4% in the last three months of 2023, according to the country's Cabinet Office. The economy contracted 2.9% between July and September. The International Monetary Fund predicts that Japan's economy will grow 0.9% in ...

AI poses potential challenge to financial stability: Gensler

ANDREW MCKEAN  |  WEDNESDAY, 14 FEB 2024
... predictive capabilities aren't infallible, sometimes generating completely inaccurate information. "We've seen in our economy how one or a small number of tech platforms can come to dominate a field. There's one leading search engine, one leading retail ...

RBA anticipated to delay interest rate cuts

ANDREW MCKEAN  |  TUESDAY, 6 FEB 2024
... hold off on such cuts for the foreseeable future. Bloxham said that the RBA is expected to be among the final developed economy central banks to initiate rate cuts, citing its delayed commencement of rate hikes, comparatively modest interest rate increases ...

Inflation falls to 4.1%, RBA weighs rate cut

ANDREW MCKEAN  |  THURSDAY, 1 FEB 2024
... services (1.2%). HSBC Australia and New Zealand chief economist Paul Bloxham said yesterday's data is a sign that the economy is heading in the right direction, with falling inflation in the December quarter. While further interest rate hikes are unlikely ...

Greg Combet to succeed Peter Costello as Future Fund chair

ANDREW MCKEAN  |  MONDAY, 29 JAN 2024
Net Zero Economy Agency chair Greg Combet is set to replace Peter Costello as chair of the Future Fund, commencing mid-year. At a press conference in Canberra, treasurer Jim Chalmers said the appointment of Combet, who only recently relinquished his ...

Real asset cycle likely to return: Dexus

CHLOE WALKER  |  THURSDAY, 25 JAN 2024
... expected to peak, further falls in bond yields should be positive for A-REIT pricing in 2024. "While a slowing in the economy is a consideration for occupier activity in the short term, a forecast fall in interest rates in FY25 is expected to be a major ...

Commerzbank acquires Aquila Capital

JAMIE WILLIAMSON  |  TUESDAY, 23 JAN 2024
... "Since 2006, the core focus of our business at Aquila Group has been to contribute to the decarbonisation of the global economy. The shift towards renewable energy and a 'green industrialisation' opens up investment opportunities that not only offer ...

Future Fund soars to $272.3bn

KARREN VERGARA  |  TUESDAY, 23 JAN 2024
... it's become clear that a recession is less and less likely, particularly in the US, which is the dominant market. [Its] economy remains strong and seems to be withstanding the interest rate increases," he said. Further, Arndt said this makes it less ...

Australian economic growth slows, IMF maintains positive outlook

ANDREW MCKEAN  |  MONDAY, 22 JAN 2024
... financial conditions, but the International Monetary Fund (IMF) maintains a robust outlook. In an annual review of Australia's economy, the IMF reported a decrease in economic growth from 3.7% year-over-year in 2022 to 2.1% in the second quarter of 2023 ...

Government proposes framework for clearing and settlement services regulation

ANDREW MCKEAN  |  WEDNESDAY, 17 JAN 2024
... through a ministerial declaration. The instrument is designed to consider the impact of these regulations on the Australian economy, the integrity and stability of the financial system, and the competitive landscape of CS services. It mandates that the ...