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Showing 671 - 680 of 732 results for "coronavirus"

Wall Street tumbles, ASX holds ground

ELIZA BAVIN  |  TUESDAY, 17 MAR 2020
Wall Street has been taking a battering since the coronavirus outbreak left the shores of China, with the S&P 500 falling another 12% overnight. A sharp cut in interest rates, stricter quarantine enforcements around the globe and a change of tone from ...

Philippines halts all trading

ELIZA BAVIN  |  TUESDAY, 17 MAR 2020
... market, saying the decision is to ensure the safety of employees and traders in light of the escalating cases of the coronavirus disease. President and chief executive of the PSE said: "Please be advised that there will be no trading at The Philippine ...

Chief economist update: China leads the way

BENJAMIN ONG  |  TUESDAY, 17 MAR 2020
... the planet - culminating in total lockdown of their borders - have been putting in place in efforts to contain the coronavirus. It also applies to the bigger and bigger policy responses by central banks and fiscal authorities. Just as it's become ...

Former ANZ Wealth investment chief exits

JAMIE WILLIAMSON  |  MONDAY, 16 MAR 2020
... accused ANZ of conducting "corporate leadership in a vacuum" and linked the cuts to economic instability being felt from coronavirus and the recent bushfires. The FSU labeled the move as short sighted and self-serving.

Australia narrowly avoids 0.9% GDP blow: KPMG

ALLY SELBY  |  MONDAY, 16 MAR 2020
... said the government's fiscal stimulus package, announced on Thursday last week, will soften the impact of the coronavirus on the Australian economy and help boost business and consumer confidence. However, KPMG's chief economist Brendan Rynne ...

US turns to QE, RBA to follow

ELIZA BAVIN  |  MONDAY, 16 MAR 2020
... Fed's QE measures include a US$700 billion bond buying program, as part of its effort to offset the effects of the coronavirus outbreak. The Fed said "the coronavirus outbreak has harmed communities and disrupted economic activity in many countries ...

Chief economist update: Coronavirus cures climate change

BENJAMIN ONG  |  MONDAY, 16 MAR 2020
... after US President Trump's declaration of a national emergency and announcement of US$50 billion fund to fight the coronavirus pandemic. This is in addition to a number of monetary policy support measures planned and already implemented by many central ...

Coronavirus is an investment opportunity: Fidelity

ALLY SELBY  |  FRIDAY, 13 MAR 2020
... discounted prices. That's according to Paul Taylor, portfolio manager of the Fidelity Australian Equities Fund. "Coronavirus will impact economies, markets and lives - but when you look at it from a market perspective, it's important to recognise ...

REITs resilient in face of virus: Principal

ELIZA BAVIN  |  FRIDAY, 13 MAR 2020
... Australia said property projects such as shopping centres and apartment developments will not be immune to the global coronavirus outbreak, with impacts including supply chain delays and lower foot traffic. Nevertheless, the sector continues to be a ...

Major industry events cancelled amid pandemic

ELIZABETH MCARTHUR  |  FRIDAY, 13 MAR 2020
... conservative approach. As there is no vaccine anticipated before the end of the year, I am of the opinion that the spread of coronavirus may be worse in September 2020 than in May 2020 and Synchron will therefore not be moving its national conference ...