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Showing 691 - 700 of 732 results for "coronavirus"

Virus fallout worse than GFC: IMF

ELIZA BAVIN  |  TUESDAY, 10 MAR 2020
... on every government around the world to introduce substantial targeted policies to support the economy through the coronavirus epidemic. In a blog post, Gita Gopinath, economic counsellor and director of the research department at the IMF, warned that ...

Billionaire investor warns against buying the dip

ALLY SELBY  |  MONDAY, 9 MAR 2020
... and stock picker Alex Waislitz has warned investors to steer clear from trying to sell or buy market dips, as the coronavirus continues to batter markets. In his capacity as Thorney Opportunities chair, Waislitz wrote to shareholders to urge them to ...

ANZ wealth exit sees hundreds of jobs go

ELIZABETH MCARTHUR  |  MONDAY, 9 MAR 2020
... ANZ of conducting "corporate leadership in a vacuum" and has linked the cuts to economic instability being felt from coronavirus and the recent bushfires. "The risks to the Australian economy are real. That is why the Reserve Bank reduced interest rates ...

Chief economist update: Coronaphobia sickens Japan

BENJAMIN ONG  |  MONDAY, 9 MAR 2020
Coronaphobia - the "irrational fear" of getting infected with the coronavirus. Numerous medical experts have offered calming and logical prognoses for the epidemic but these two words - irrational and fear - would be, in a manner of speaking, the death ...

Chief economist update: A crisis of supply, demand and confidence

BENJAMIN ONG  |  FRIDAY, 6 MAR 2020
When you read reports that police have tasered a man over an argument over toilet paper, you know that the coronavirus hysteria has come to Australia. This followed news of emptied toilet paper shelves at supermarkets that has now extended to "necessities" ...

JP Morgan's coronavirus contingency plan

ALLY SELBY  |  THURSDAY, 5 MAR 2020
Global investing powerhouse JP Morgan has started testing out its coronavirus contingency plan, in case the virus develops into a global pandemic. Thousands of the bank's US employees have been asked to spend a day working from home in the coming ...

Chief economist update: Australia's gentle turning point to turn

BENJAMIN ONG  |  THURSDAY, 5 MAR 2020
... spent. It would have been "gently" up, up and away for the Australian economy had it not been for the bushfires and the coronavirus that's sure to impact growth in the first quarter of 2020 - it could extend further out depending on how soon the ...

Coronavirus no match for Future Fund

HARRISON WORLEY  |  WEDNESDAY, 4 MAR 2020
... investment officer Raphael Arndt is confident Australia's sovereign wealth fund can handle the impacts of the coronavirus outbreak, thanks to its diversification. Appearing before the Senate Finance and Public Administration Legislation Committee ...

Chief economist update: Welcome to the day after tomorrow

BENJAMIN ONG  |  WEDNESDAY, 4 MAR 2020
... bank policy actions, given their sharply reduced firepower, when the next threat to the global economy comes. The coronavirus outbreak has brought that day upon us. Central banks (and government authorities) are engaged in a concerted/coordinated scrambling ...

Chief economist update: The C word

BENJAMIN ONG  |  TUESDAY, 3 MAR 2020
It was just a matter of time. With almost every person on this planet talking about the "C" word - coronavirus or COVID-19, that is - under their face masks, it's hardly surprising that fiscal and monetary authorities are now fashioning their own ...