Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 51 - 60 of 490 results for %22May 27 record close%22

Chief economist update: Stop right now, thank you very much

BENJAMIN ONG  |  FRIDAY, 17 JUL 2020
... 227,700 lost in the previous month. Sure, the unemployment rate jumped higher to a 22-year high of 7.4% in June from 7.1% in May, but this is due to the sharp increase in the participation rate to 64.0 in June from 62.7% in the previous month - itself ...

Chief economist update: BOJ takes breather on stimulus sprint

BENJAMIN ONG  |  THURSDAY, 16 JUL 2020
... ¥20 trillion from around ¥7 trillion, as well as increasing its purchases of J-REITS to an annual pace of ¥180 billion. In May, it launched a new lending program worth around ¥30 trillion to support small businesses. At its June meeting, the BOJ ...

Chief economist update: Flattening the rebound

BENJAMIN ONG  |  WEDNESDAY, 15 JUL 2020
... increase - due to broad-based improvement across industries and sharp rebounds in its components: trading (-7 in June from -19 in May); profitability (-8 from -19); employment (-11 from -31). Australian business confidence brighten much brighter, rising ...

Super fund satisfaction mixed, SMSFs unhappy

ELIZABETH MCARTHUR  |  TUESDAY, 14 JUL 2020
... latest insights from Roy Morgan, with its Superannuation Satisfaction Report showing an overall satisfaction rating of 63.6% in May. While this is down 0.9% on the previous month, it's an increase of 2.9% on the same time last year. The findings are ...

Global public debt to reach 101.5% of GDP: IMF

ELIZA BAVIN  |  MONDAY, 13 JUL 2020
... outbreaks." The fund also said the nature of this crisis is that it will be "transformational" as jobs have been destroyed that may never return. "It will be necessary to facilitate the transfer of resources from sectors that may permanently shrink ...

Melburnians back in the lockup

BENJAMIN ONG  |  WEDNESDAY, 8 JUL 2020
... impact on the speed and trajectory of our economic recovery."...adding that, "When I made a statement to the parliament in May I talked about the economic cost of a lockdown being about $4 billion dollars a week, and given that Victoria is about a quarter ...

Balanced options in the red, but only just

ALLY SELBY  |  TUESDAY, 7 JUL 2020
... SelectingSuper MySuper index for FY 2019-20 will come in at -0.7%," he said. This is based on Rainmaker's full sample up to end of May 2020, supplemented with June 2020 returns for a curated sample of 20 not-for-profit MySuper products with funds ...

Top traded stocks revealed

ALLY SELBY  |  TUESDAY, 7 JUL 2020
... to profit from the rally. Multi-asset platform eToro found that Tesla was its most traded stock for the month, up 709% from May. This was followed by Apple (up 760% from the previous month), and Tesla's Chinese competitor Nio Inc (up 1018% from the previous ...

Chief economist update: Japan on the mend but BOJ, Abe not taking any chances

BENJAMIN ONG  |  WEDNESDAY, 24 JUN 2020
Japanese Prime Minister Shinzo Abe's lifting of the state of emergency in the country on May 25 has been rewarded with encouraging indications of recovery in the economy. This is highlighted by the improvement in the au Jibun Bank Japan PMI surveys. ...

S&P warns of record fallen angels

ELIZA BAVIN  |  FRIDAY, 19 JUN 2020
... busiest pace. The global ratings agency said there is an expected US$23.88 billion priced through June 12, following on from May's already record-setting month. Year-to-date volume was US$176.8 billion at the close on June 12, up 56% year over year. ...