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Showing 681 - 690 of 1755 results for "COVID"

Chief economist update: Yuan the victim of China's success

BENJAMIN ONG  |  FRIDAY, 15 JAN 2021
... to refrain from competitive devaluation and not target its exchange rate for competitive purposes". That was before the COVID-19 pandemic. Compared with other nations around the globe, the Politburo's swift, decisive and draconian measures to control ...

Chief economist update: China on my mind

BENJAMIN ONG  |  THURSDAY, 14 JAN 2021
... only gonna get better. The coronavirus vaccine presently being distributed in parts of the world provides optimism that covid-19, too, shall pass. Australia may not start inoculating its population until late February/early March but with only a 0.1% ...

MLC Life appoints executive

KANIKA SOOD  |  WEDNESDAY, 13 JAN 2021
... $120 million. In its statement, Nippon Life referenced life insurance industry's spike in income protection claims, COVID-19's impact and high unemployment which put MLC Life's business performance being "stagnant" beyond 2021. Commenting ...

Chief economist update: COVID with a vengeance

BENJAMIN ONG  |  WEDNESDAY, 13 JAN 2021
Brexit is over. But even before the UK and the EU shook hands on the post-Brexit trade and cooperation pact on 24 December 2020 and before the ink on the signatures of European Commission President Ursula von der Leyen, European Council President Charles ...

HESTA hikes group insurance premiums again

KANIKA SOOD  |  TUESDAY, 12 JAN 2021
... standard cover's cost by 1.6% to 13.4% for the age groups below 67. Reilly said it was too early to say what impact COVID-19 would have on insurance premiums. "Changes to HESTA's insurance on 1 April 2020 were impacted by legislative change that ...

Cromwell makes Italian acquisition

ELIZA BAVIN  |  TUESDAY, 12 JAN 2021
... Cromwell's European head of investment, Robert Cotterell said the logistics sector has strong and enduring characteristics. "COVID-19 has impacted consumer behaviour and we believe it has pulled future e-commerce and online growth forward, giving impetus ...

Chief economist update: The virus, the vaccine, the variant

BENJAMIN ONG  |  TUESDAY, 12 JAN 2021
... recovery than currently projected." What a difference a few months make. The World Health Organisation (WHO) named the virus COVID-19 on February 11 last year and declared it a pandemic exactly a month after on 11 March 2020. No need to narrate and describe ...

MySuper performance recovers, hits record high

KARREN VERGARA  |  MONDAY, 11 JAN 2021
Default superannuation funds have fully recovered from COVID-induced losses, yet underperformance within the asset classes remains rife, according to new Rainmaker data. Rainmaker's November 2020 MySuper index has reached a record high, bouncing ...

Arowana winds up LIC

KARREN VERGARA  |  THURSDAY, 7 JAN 2021
... investment vehicle flagged in April 2020 that it was "engaging in a detailed strategic review" because of the adverse impact of COVID-19. It had a market capitalisation of $21.8 million at yesterday's close. At the time, the board said it was "comfortable" ...

Super funds back COVID-19 preventative drug

KARREN VERGARA  |  THURSDAY, 7 JAN 2021
Four major superannuation funds are backing a biotech company that is developing a nasal spray that claims to prevent COVID-19 and the common cold. AustralianSuper, HESTA, Hostplus and Statewide Super have joined forces with CSL, a venture capital fund ...