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

Search Results

Showing 591 - 600 of 2731 results for "BEA"

A decade in the dust

ALLY SELBY  |  THURSDAY, 16 APR 2020
The COVID-19 pandemic could lead emerging markets to lose the last decade in progress, as the world sinks deeper into a global recession far worse than the Global Financial Crisis. That's according to State Street Global Advisors head of global ...

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 ...

Economic impact worst since WWII: Research

HARRISON WORLEY  |  THURSDAY, 9 APR 2020
The economic impact of the COVID-19 pandemic is the biggest shock to the Australian economy since World War II, according to Roy Morgan. New analysis from the research house confirms Australia is facing the biggest single hit to its economy and workforce ...

Wall Street surges as Sanders drops out, Wuhan reopens

ALLY SELBY  |  THURSDAY, 9 APR 2020
News that Wuhan, the epicentre of the COVID-19 pandemic, has now opened for business saw Wall Street surge overnight, with the S&P 500 once again entering bull market territory. From its March 23 lows, the S&P 500 has surged 23%, signifying the end ...

Wall Street rally runs out of steam

ALLY SELBY  |  WEDNESDAY, 8 APR 2020
Wall Street's rally seems to have run out of steam, with the major indexes ending the day of trade in a sea of red. Early in trade the Dow Jones surged 900-points before closing down 0.12%. Similarly, the S&P 500 lost 0.16% and the Nasdaq Composite ...

Big banks cop a beating

ELIZA BAVIN  |  WEDNESDAY, 8 APR 2020
The big four banks have all suffered a rating downgrade due to the COVID-19 fallout, while APRA warns they should cut dividends and bonuses. Fitch Ratings downgraded all four of the major banks, and their New Zealand subsidiaries, due to its expectation ...

Business unusual: COVID-19 threats facing real estate

ALLY SELBY  |  THURSDAY, 2 APR 2020
Gone are the days of 'business as usual' with Australia's capital cities and skyscrapers empty and its employees now working from the comfort (and safety) of their homes. But what impact will this have on our real estate investments? Prior ...

Opportunities and threats amid COVID-19 crisis

ALLY SELBY  |  THURSDAY, 2 APR 2020
The spread of COVID-19 has seen a dramatic turn in the global economy; where earlier this year growth was almost tangibly real, now a downward trajectory towards deep recession seems much more likely. But one asset manager believes there is both opportunity ...

MLC waives licensee fees, delays dealer group transitions

JAMIE WILLIAMSON  |  WEDNESDAY, 1 APR 2020
MLC Wealth is waiving licensee fees for all of its aligned financial advisers as they struggle to operate their businesses and provide support to clients during unprecedented uncertainty. It has also delayed the transition of advisers from Apogee and ...

ASX suffers worst quarter in over a century

ELIZA BAVIN  |  WEDNESDAY, 1 APR 2020
The ASX suffered the worst quarter in over 100 years, but is putting the past behind it to rebound at the open today. Both the S&P/ASX 200 and the S&P/NZX 50 portfolio completed their worst monthly and quarterly declines this century, sliding 21% and ...