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Showing 51 - 60 of 695 results for "GDP growth"

Economic recap: Week to September 3

BENJAMIN ONG | MONDAY, 6 SEP 2021

... showed the economy grew by a better-than-expected 0.7% in the second quarter of the year, taking Australia's annual GDP growth rate up, up (and away) to 9.6% -- the highest year-on-year growth rate on record (1960s is all I have). Australia is up ...

Delta to impact real estate market: Analysis

ELIZABETH MCARTHUR | WEDNESDAY, 11 AUG 2021

... Meanwhile, Sydney's ongoing lockdown and stubborn case numbers is predicted to lock in another negative quarter of GDP growth for the Australian economy, reversing the positive impact seen earlier in 2021 when the elimination approach was successful ...

Economic recap: Week to July 30

BENJAMIN ONG | MONDAY, 2 AUG 2021

... from 1.1% in the previous one. The weighted median CPI inflation sped up to 1.7% from 1.3%. The advance estimate of US GDP growth and the Fed's July FOMC meeting took centre stage last week. The US Bureau of Economic Analysis (BEA) reported that ...

Chief economist update: Japan still waiting for the sun to rise

BENJAMIN ONG | MONDAY, 28 JUN 2021

The upward revision to Japan's March quarter GDP growth - to an annualised rate of 3.9% (from the preliminary estimate of 5.1%) - provides cold comfort to an economy that remains stuck in a rut and continues to reel from the coronavirus pandemic. ...

Chief economist update: UK not there yet

BENJAMIN ONG | FRIDAY, 25 JUN 2021

... sanguine forward guidance underpinned these positive reactions in the financial markets. For while the BOE upgraded its GDP growth forecast to 5.5% in the June quarter from the 4.25% estimated in May and forewarned that "CPI inflation is expected to ...

Chief economist update: Chinese activity indicators disappoint but growth target intact

BENJAMIN ONG | MONDAY, 21 JUN 2021

... National People's Congress (NPC) in Beijing on the 5th of March this year, Chinese premier Li Kequiang 2021's GDP growth target of over 6%. This compares with consensus expectations - market, the IMF and the OECD - for China's economy to ...

Chief economist update: The (dot) plot thickens

BENJAMIN ONG | THURSDAY, 17 JUN 2021

... holding rates near zero." True that. The Fed's latest economic projections bear this out, upgrading this year's GDP growth to 7.0% from the 6.5% rate forecast in March, with the unemployment rate steadily improving from 4.5% this year to 3.8% ...

Chief economist update: Anchoring the recovery

BENJAMIN ONG | TUESDAY, 15 JUN 2021

... had significantly improved. So much so, that in its May Economic Outlook report, the OECD upgraded the Eurozone's GDP growth forecasts to 4.3% this year (from 3.6% its predicted in December 2020) and 4.4% in 2022 (from 3.3%). Although still in contraction ...

Chief economist update: A delicate balancing act

BENJAMIN ONG | FRIDAY, 4 JUN 2021

... OECD's upgrade to global growth. In its 'Economic Outlook, May 2021' report, the OECD upgraded its global GDP growth forecast to by 5.8% this year and by 4.4% in 2022. This compares with the 5.6% and 4.0%, respectively, it forecast in March ...

Chief economist update: RBA cash rate on ice until 2024

BENJAMIN ONG | WEDNESDAY, 2 JUN 2021

... Australia's economic recovery has been stronger than expected and would continue to do so. The RBA revised up its 2021 GDP growth forecast to 4.75% (from 3.5% predicted in its February statement). Only a day before, the OECD's 'Economic Outlook' ...

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Invesco launches new equity fund

ELIZA BAVIN | 12:13PM

Invesco said the new fund will give Australian investors access to a systematic global equity strategy with a 20-year track record.

FCA pursues Neil Woodford again

KARREN VERGARA | 12:05PM

The Financial Conduct Authority (FCA) is going after failed fund manager Neil Woodford again, this time for allegedly providing unauthorised investment advice via W4.0, his Dubai-based investment platform.

Former APRA deputy chair launches retirement solutions startup

KARREN VERGARA | 12:03PM

A former APRA deputy chair has launched CipherIQ, a new venture that provides retirement solutions via account-based pensions in partnership with superannuation funds, financial advisers and retirees.

Global X launches space tech ETF

MATTHEW WAI | 11:12AM

Global X has now launched the space tech ETF (ASX: MOON).

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