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Showing 51 - 60 of 100+ results for "China"

AMP flags recovery, profit jumps

KARREN VERGARA  |  THURSDAY, 12 AUG 2021
... profit after tax hit $181 million, buoyed by strong performances from AMP Bank and its stakes in Resolution Life and the China Pension Life Company. In the pre-Hayne Royal Commission days, AMP boasted a 2017 half-year NPAT of $533 million, while its ...

Fortius, PGIM make $214m property acquisition

ELIZABETH MCARTHUR  |  THURSDAY, 12 AUG 2021
... of lettable space spanning over 25 levels and is more than 93% occupied with tenants including Heritage Bank and Bank of China. Fortius chief executive Sam Sproats said his team considered the building a good opportunity in light of the pandemic. "As ...

BNP Paribas wins China custody agreement

ELIZABETH MCARTHUR  |  MONDAY, 9 AUG 2021
BNP Paribas will now be able to support institutional investors from Australia and elsewhere investing in China's equities and bonds markets, under a new custody agreement. BNP Paribas today announced it has been granted a licence to provide custody ...

Fund administrator hires from competitor

KANIKA SOOD  |  MONDAY, 2 AUG 2021
... in 2019 and currently has 150 clients with $9 billion under management. It has clients in Singapore, Malaysia, Hong Kong, China and Japan. It set its sights on Australia earlier this year, as it saw an opportunity in the market following consolidation ...

Economic recap: Week to July 9

BENJAMIN ONG  |  MONDAY, 12 JUL 2021
... in June from 55.3 in the previous month. Anxiety over "peak growth- peak inflation" were further stoke by developments in China. The State Council, chaired by Premier Li Keqiang, released a statement hinting at a reduction in the country's required ...

Economic recap: Week to July 2

BENJAMIN ONG  |  MONDAY, 5 JUL 2021
Australian economic and survey releases over the past week continued to paint a picture of a strengthening recovery. However, the rosy results preceded the outbreak of the Delta variant that prompted lockdowns and/or tightened restrictions in major ...

Chief economist update: Local and foreign love affair with Australian property

BENJAMIN ONG  |  WEDNESDAY, 30 JUN 2021
... agriculture, finance & insurance, manufacturing, electricity & gas, mineral exploration & development, real estate and services - China has allocated more into the purchase of property, 55.8% of its total direct investment. This is more than double America's ...

MSCI reviews emerging market classifications

ELIZABETH MCARTHUR  |  FRIDAY, 25 JUN 2021
... the markets where it has concerns about deterioration in the availability of investment instruments - including Brazil, China (A shares), India, Korea and Turkey. Some of the exchanges in these regions restrict access to data, in turn restricting the ...

Chief economist update: Thank you, my frenemy

BENJAMIN ONG  |  THURSDAY, 24 JUN 2021
China's still not taking calls from Canberra and has severed diplomatic contact under the China-Australia Strategic Economic Dialogue and the rhetoric, threats and/or measures limiting/banning imports of Australian products into its shores remain ...

Australia among the richest nations

KARREN VERGARA  |  WEDNESDAY, 23 JUN 2021
... are located in North America, Western Europe, and among the richer parts of East Asia, the Pacific and the Middle East. China and Russia are the core members of the "intermediate wealth" group of countries with mean wealth in the range of US$25,000 and ...