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Showing 621 - 630 of 5174 results for "Yes"

Macquarie shares halve in COVID-19 sell-off

ALLY SELBY  |  FRIDAY, 20 MAR 2020
Macquarie stock has plummeted amid the COVID-19 sell-off, with shares taking a further 12.9% dive on Thursday. Since the beginning of the COVID-19 sell-off (February 21), Macquarie shares have taken a 47.6% hit. At the time of writing, the financial ...

Frontier warns super fund clients of recession

KANIKA SOOD  |  FRIDAY, 20 MAR 2020
The asset consultant's internal economic modelling is predicting a potentially "very large" recession for Australia this year, as COVID-19 rolls on. Frontier Advisors used the RBA's MARTIN, a new macroeconomic model the central bank built in ...

Banks defer small business loan repayments

ELIZA BAVIN  |  FRIDAY, 20 MAR 2020
The Australian Banking Association (ABA) has announced banks will defer loan repayments for six months for small business, as the nation introduces measures to combat the impact of COVID-19. The ABA said the move is designed to combat unemployment and ...

Buy now but can they pay later?

ELIZA BAVIN  |  THURSDAY, 19 MAR 2020
Afterpay has been the latest stock to take a significant hit in the current environment as investors are concerned those who buy now may not be able to pay later. The company finished 33% lower in yesterday's session, wiping around $1.5 billion ...

Superannuation fund delays custodian swap

KANIKA SOOD  |  THURSDAY, 19 MAR 2020
A $35 billion public sector superannuation fund has deferred its transition to a new custodian, citing heightened short-term risk from COVID-19. Funds SA last July said it would end its 19-year-long custody relationship with J.P. Morgan and move to ...

Coronavirus puts rocket under shorting ETFs

KANIKA SOOD  |  WEDNESDAY, 18 MAR 2020
Australian investors are flocking to ETFs that allow them to short the ASX200 and the S&P 500 amid the stock market correction, doubling their assets since start of the year. The ASX 200 and S&P 500 had both lost over 20% from the start of the year ...

Colonial First State ups cash for Aussie equities funds

KANIKA SOOD  |  TUESDAY, 17 MAR 2020
Colonial First State is temporarily allowing three of its Australian equities funds to hold more cash than their investment mandates, as the ASX 200 reported its worst day ever yesterday. The $2.9 billion Colonial First State Wholesale Geared Share ...

Chief economist update: The corona crash of 2020

BENJAMIN ONG  |  FRIDAY, 13 MAR 2020
... stock market, any stock market and chances are it's now in a bear market or heading there, struck down by coronaphobia. Yes Virginia, the bears came out of hibernation in full force. There was no place to hide. Everywhere you look, there's gloom ...

National Stock Exchange names new chief executive

ALLY SELBY  |  THURSDAY, 12 MAR 2020
The founder, managing director and chief executive of ASX-suspended fintech iSignthis is the new interim chief executive of the National Stock Exchange of Australia (NSX). John Karantzis will step into the role effective immediately, having recently ...

Global stocks plunge as COVID-19 fear accelerates, oil crashes

ALLY SELBY  |  TUESDAY, 10 MAR 2020
Global markets, already feeling the burn from the spreading COVID-19 virus, have tumbled further, after Saudi Arabia sparked an oil price war which saw oil futures plunge more than 30%. Nearly $140 billion was wiped from the S&P/ASX 200 yesterday, as ...