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Showing 51 - 60 of 2917 results for "Overnight"

New law backs choice of fund

KARREN VERGARA  |  WEDNESDAY, 26 AUG 2020
... super fund dictated by their employer. The Treasury Laws Amendment (Your Superannuation, Your Choice) Bill 2019 passed overnight to give about 800,000 employees the choice which superannuation fund their retirement savings should be invested. New workers ...

Chief economist update: Worse news is better news

BENJAMIN ONG  |  THURSDAY, 20 AUG 2020
... than yesterday But not as much as tomorrow..." - Spiral Starecase The S&P 500 index closed 0.4% lower to 3374.85 points overnight, failing to push above the previous trading day's record high finish of 3389.78 points... but not before hitting a fresh ...

S&P 500 rebounds from COVID-losses

ELIZA BAVIN  |  WEDNESDAY, 19 AUG 2020
The S&P 500 closed at a record high overnight, rebounding from the massive COVID-19-related losses that have rocked global markets. The index closed above its February high, marking the shortest bear market in history, surging around 55% since March ...

Chief economist update: Cheaper prices not a bargain

BENJAMIN ONG  |  THURSDAY, 30 JUL 2020
... Australia (RBA) has already stressed that it won't go negative but as US Federal Reserve chair Jerome Powell reiterated overnight: "The path of the economy will depend significantly on the course of the virus."

Chief economist update: The next generation

BENJAMIN ONG  |  WEDNESDAY, 22 JUL 2020
It didn't happen overnight, but it did happen. After five days of deliberation, negotiation and compromise, leaders of the 27 governments that make up the European Union (EU) unanimously agreed to an unprecedented €750 billion "Next Generation ...

Pitcher Partners promotes six

KANIKA SOOD  |  TUESDAY, 30 JUN 2020
... Brisbane while Keiran Wallis is a partner in corporate finance, also in Brisbane. "Today's news does not come as an overnight decision. It has been years in the making for our colleagues, whom have demonstrated consistent care and commitment to our clients ...

Zurich pledges to COVID-19 support

ELIZA BAVIN  |  TUESDAY, 2 JUN 2020
... new demographic groups who have never had to ask for food assistance before and we know this problem will not be fixed overnight." "In the past month, we have sourced more key staple foods than in the three years prior to COVID-19. Through our established ...

Chief economist update: Powell blamed for fall on Wall Street

BENJAMIN ONG  |  THURSDAY, 14 MAY 2020
... chair Jerome Powell, it was. Today's headlines not only infer, but blame your words for the fall on Wall Street overnight. The Wall Street Journal published: "The Dow Jones Industrial Average dropped more than 500 points Wednesday after Federal Reserve ...

Morningstar downgrades two Vanguard funds to neutral

KANIKA SOOD  |  WEDNESDAY, 13 MAY 2020
... investing for four decades and will continue to do so," a spokesperson for the company said. "Fee changes are not decided overnight. Our process driven approach to determining which funds are eligible for fee changes takes time, as does ensuring all ...

Markets slump as US jobless claims hit 30m

ALLY SELBY  |  FRIDAY, 1 MAY 2020
US bourses fell overnight after data revealed 3.8 million Americans filed for unemployment last week. Over the past six weeks, 30.3 million Americans have filed claims for unemployment benefits as businesses shutter thanks to coronavirus shutdowns. ...