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

Super funds release $1.3bn

ELIZA BAVIN  |  MONDAY, 4 MAY 2020
... releasing benefits to eligible members as soon as practicable," Rowell said. APRA said it intends to publish updated data every Monday, and will expand the publication next week to include fund-level data.

How Cbus is servicing early release requests

KANIKA SOOD  |  FRIDAY, 1 MAY 2020
... estimate was based on COVID shutdowns as they stood then. "The way it panned out is that in the first two days (Sunday and Monday) we received $128 million from almost 15,000 members and then we saw daily amounts lower than that, they were hovering around ...

Future Fund not buying the oil dip

KANIKA SOOD  |  THURSDAY, 30 APR 2020
... crashed to record low last week but Australia's $162 billion sovereign wealth fund says it has no plans to buy the dip. Last Monday, immediate contracts for WTI crude fell into the negative territory. The drop prompted the US government to stockpile ...

Calls for super funds, government to collaborate on energy security

KANIKA SOOD  |  THURSDAY, 23 APR 2020
... expert. Energy minister Angus Taylor said the government will buy $94 million of crude oil, after oil prices tumbled on Monday and the United States also topped up its reserve. It will be initially stored in the United States for 10 years. Australia ...

Aussie ETF investors got oil bets wrong before crash

KANIKA SOOD  |  THURSDAY, 23 APR 2020
... expecting oil prices to stabilise after the recent OPEC deal to cut down production by 30% in the wake of an oversupply. On Monday, May WTI futures contracts slipped into negative territory for the first time, as COVID-19 shutdowns continue to bog down ...

The domino effect: Oil falls, markets follow

ALLY SELBY  |  TUESDAY, 21 APR 2020
... overnight may just be the worst. The price of West Texas Intermediate crude oil for May plunged more than 190% during trade on Monday, hitting its lowest levels in history (-US$37.63 a barrel). Markets followed suit, with the Dow Jones shedding nearly ...

Wall Street rally runs out of steam

ALLY SELBY  |  WEDNESDAY, 8 APR 2020
... it's a very difficult market with nearly every sector facing major challenges." It comes after Wall Street surged 7% on Monday night on hopes that the COVID-19 pandemic had reached its peak in Europe, with the daily death toll in Italy, Spain and ...

BGH Capital, Canadian pension fund shelve NZ acquisition

KANIKA SOOD  |  WEDNESDAY, 1 APR 2020
... The transaction was approved by the courts and shareholders, with the last trading day set for early April. However, on Monday Abano told shareholders that the transaction was off with as a "material adverse change" had occured in the business since ...

The bulls are back

ELIZA BAVIN  |  FRIDAY, 27 MAR 2020
... those out of work, US$75 billion for hospitals and payments of up to US$3000 for families. The Dow finished up 21% from its Monday low, establishing it in a bull market. It was the index's strongest three-day percentage increase since 1931. As well ...

No time to look back

ELIZA BAVIN  |  FRIDAY, 27 MAR 2020
... bottomed out months later on 10 February 1989," Lee said. "In 1987 there was little signs of volatility until the Black Monday fall. "It was not uncommon to see moves of 5% either up or down after such an event, but in 1988 after a month moves normalised ...