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Showing 611 - 620 of 3136 results for "Crisis"

Chief economist update: BOJ expands Enhancement of Monetary Easing

BENJAMIN ONG  |  TUESDAY, 28 APR 2020
... "The package... will total ¥108 trillion ($989 billion), far exceeding one compiled in the wake of the 2009 financial crisis totaling ¥56 trillion in size, with fiscal spending of ¥15 trillion," according to Reuters. The BOJ's revised GDP and ...

Westpac flags $2.2bn impairment

JAMIE WILLIAMSON  |  TUESDAY, 28 APR 2020
... accounted for. Westpac chief executive Peter King said: "The world is going through a once in a lifetime health and economic crisis and we are committed to assisting as many customers as possible to bridge this shutdown period." "Our packages are already ...

Bitcoin bonanza amid COVID-19 crisis

ALLY SELBY  |  MONDAY, 27 APR 2020
... of late have stoked fears of inflation, he said, pushing investors to consider alternative investments amid the COVID-19 crisis. "COVID-19 has seen a lot of governments around the globe increase stimulatory measures to help stabilise their local economies," ...

Property giant kicks off capital raise

ALLY SELBY  |  MONDAY, 27 APR 2020
... proceeds from the capital raise will strengthen the REIT's balance sheet and provide flexibility amid the COVID-19 crisis, Charter Hall said. The firm's retail REIT has a Baa1 credit rating, as recently re-affirmed with Moodys. Charter Hall also ...

A case for flexible asset allocation: First Sentier

ALLY SELBY  |  MONDAY, 27 APR 2020
... Investment managers with fixed multi-asset allocations may have been better served by a flexible approach during the COVID-19 crisis. That's according to First Sentier Investors, who argue a flexible, dynamic multi-asset approach to investing can ...

ANZ accused of exploiting staff

ELIZABETH MCARTHUR  |  MONDAY, 27 APR 2020
... union had received "hundreds" of complaints after ANZ asked all staff to take their accrued leave. "ANZ is exploiting this crisis to pad out its results with unused staff leave," FSU secretary Julia Angrisano said. "ANZ and chief executive Shayne Elliot ...

No golden ticket for super funds

ELIZABETH MCARTHUR  |  MONDAY, 27 APR 2020
... performance of gold should have a negative correlation to the performance of equities. However, Williams said the current crisis is very much testing this theory. "The performance of gold through March reveals something surprising: USD gold prices (based ...

VIC, TAS lead Australia: CommSec

ELIZA BAVIN  |  MONDAY, 27 APR 2020
... said future reports will prove to be valuable as CommSec tracks how each state and territory has navigated through the crisis and into an eventual recovery phase. "If we look ahead, recovery of the Chinese economy may boost prospects for resource economies ...

Businesses urged to apply for JobKeeper

ELIZA BAVIN  |  MONDAY, 27 APR 2020
... on the other side. "JobKeeper provides the practical financial support small businesses need as we wait for this health crisis to pass."

Billionaires club rakes in cash amid COVID-19 crisis

ALLY SELBY  |  FRIDAY, 24 APR 2020
... Policy Studies revealed the "pandemic profiteers" that have benefited from plummeting tax obligations amid the COVID-19 crisis. Amazon founder Jeff Bezos was one such billionaire, whose fortune increased by an estimated $39.3 billion (US$25 billion) ...