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Showing 6631 - 6640 of 14214 results for "Interest"

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 10 JUN 2016
... negative readings in March (minus 0.1%) and April (-0.3%). Bank of Korea cuts South Korea's central bank unexpectedly cut interest rates by 25 basis points to a new record low of 1.25% following its 9 June monetary policy meeting because, "...exports ...

Sentiment recovers but cash still king

MARK SMITH  |  THURSDAY, 9 JUN 2016
... hoarding cash and it's by far the most common recent investment among the mass affluent. "Despite the historically low interest rate environment, Australians are still heavily invested in cash holding a record $976.7 billion in cash and deposits - representing ...

Negative interest rates drive spike in safe sales

MARK SMITH  |  THURSDAY, 9 JUN 2016
... and strongrooms are back in vogue. Japanese hardware stores report demand for safes - where cash can be stored at an interest rate of zero, irrespective of what central bankers do - is on the rise amid negative interest rates. Shimachu Co, which operates ...

Fortnum super members transitioned to HUB24

MARK SMITH  |  THURSDAY, 9 JUN 2016
At least of $190 million in superannuation assets representing some 900 members has been transferred to HUB24 as Fortnum Financial Group moves its e-Clipse Super Fund over to the platform. Remaining e-Clipse members, predominantly UK pension benefit ...

ASIC issues first "best interests" duty penalty

ALEX BURKE  |  THURSDAY, 9 JUN 2016
... not train advisers appropriately, arguing that the group promoted the idea that it is "almost always" in client's best interest to take out life risk insurance regardless of individual circumstances. Regular performance reviews of advisers were not undertaken ...

AMP Capital appoints industrial property head

KERRIE SYDEE  |  WEDNESDAY, 8 JUN 2016
... across our national portfolio, Andrew's appointment will ensure AMP Capital can capitalise on the growing demand and interest in both our existing assets and development pipeline. "Andrew has a broad and deep knowledge of the industrial sector, both ...

AMP Capital partners to launch first active infra ETF

ALEX BURKE  |  WEDNESDAY, 8 JUN 2016
... investors exposure outside of the Australian market in asset classes that have historically been proven performers when interest rates are low. Investors will be able to access a full portfolio of diversified exposure in just one trade." BetaShares managing ...

Suncorp rolls out online only super

DARREN SNYDER  |  WEDNESDAY, 8 JUN 2016
Suncorp's superannuation arm has launched an online only product with several aims, including bridging the relationships between financial advisers and less engaged super members. Known as Suncorp Brighter Super, the product gives both advisers and ...

Concerns about EM unwarranted: William Blair

DARREN SNYDER  |  WEDNESDAY, 8 JUN 2016
... market share of global exports," McClone said. Another area of concern for investors has been the potential impact of US interest-rate hikes and a stronger US dollar. McClone said an analysis of historical Fed tightening cycles since 1969 shows that ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 8 JUN 2016
... deliberations this month. But while lower than expected inflationary pressures prompted the Australian central bank to cut interest rates last month, April's "inflation surprise" - CPI inflation quickened to 5.4% in the year to April from 4.8% in March ...