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Showing 691 - 700 of 4539 results for "Dollar"

Banks defer small business loan repayments

ELIZA BAVIN  |  FRIDAY, 20 MAR 2020
... the economy and present the most pressing need for assistance in the economy today," Bligh said. "This is a multi-billion dollar lifeline for small businesses when they need it most, to help keep the doors open and keep people in jobs." Bligh added that ...

Chief economist update: Cash splash

BENJAMIN ONG  |  FRIDAY, 20 MAR 2020
... liquidity, aimed at money-market mutual funds. " Also announced new swap lines with more central banks to help ease strains of dollar funding. BOE announced an emergency 15 bp rate cut to bring its rate to 0.1%. Also boosted QE program by £200B to a ...

Low rates support some bond managers: Report

ELIZA BAVIN  |  THURSDAY, 19 MAR 2020
... "Unsurprisingly, credit funds that stuck to higher grade instruments tended to fare best." Second, having a bigger bias to Australian dollar paper also helped as the domestic credit market has held up comparatively well, the researcher added. "While ...

Best, worst equities performers in COVID-19 sell-off revealed

ALLY SELBY  |  WEDNESDAY, 18 MAR 2020
... everything to generate liquidity. "Australian investors have seen the domestic bourse among the hardest hit in Australian dollar terms, as the decline in our currency hasn't cushioned any of the blow," Morningstar said. "As would be expected, small ...

Chief economist update: Australian recession here we come

BENJAMIN ONG  |  WEDNESDAY, 18 MAR 2020
... always found solace in the Australian dollar's depreciation in times of trouble - the AFR reports: "The Australian dollar has fallen to its lowest level in 17-years overnight, dropping below US60c for the first time since 2003". But this time is ...

Wall Street tumbles, ASX holds ground

ELIZA BAVIN  |  TUESDAY, 17 MAR 2020
... with the economy basically in shutdown mode. Hopefully, at the margin, the central bank's liquidity injection can help dollar funding markets now." While it may seem like this sentiment is being reflected in Australian markets today, which have risen ...

Former Toys "R" Us executives face fraud charges

ALLY SELBY  |  MONDAY, 16 MAR 2020
Former executives of the popular children's store lined their pockets with $26 million (US$16 million) in bonuses just days before filing for bankruptcy, including a $4.2 million (US$2.6 million) bonus awarded to chief executive David Brandon. This ...

Chief economist update: Coronavirus cures climate change

BENJAMIN ONG  |  MONDAY, 16 MAR 2020
... billion quantitative easing program and asserting coordinated action with BOE, BOJ, ECB and SNB to boost liquidity via US dollar liquidity swap lines. Opening trade on March 16 saw the Reserve Bank of New Zealand deliver its own "emergency" rate cut ...

Hermes handbags an emerging asset class for UHNWs

KANIKA SOOD  |  FRIDAY, 13 MAR 2020
There's now an index that tracks the value of collectable Hermes bags and they returned 13% in 2019, beating annual returns of other collectables like cars, jewellery, art and rare whisky. Knight Frank Luxury Investment Index, for the first time, added ...

Active managers: Opportunities abound

ELIZA BAVIN  |  WEDNESDAY, 11 MAR 2020
... are also likely to see a lot more investment in China and emerging markets in the fallout from the virus because the US dollar is currently over-valued. "During the GFC the USD was undervalued, but in these current circumstances that it not the case ...