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Showing 741 - 750 of 2179 results for "In March"

Investors flock to TCorp floating rate note

HARRISON WORLEY  |  MONDAY, 30 MAR 2020
... these exceptional times". In late February TCorp launched a new benchmark bond with a coupon rate of 2%, set to mature in March 2033. The offering proved popular among investors, with the bond raising $1 billion and attracting a yield of 1.565%. TCorp ...

Former Link Fund Solutions operations lead in new role

ELIZABETH MCARTHUR  |  FRIDAY, 27 MAR 2020
... Calastone. Christopher stepped into the role of director, client relationship management for Australia and New Zealand in March. "I am excited to be joining Calastone at such a pivotal time when the need for automaton and straight through processing ...

Chief economist update: COVID-19 eating into jobs

BENJAMIN ONG  |  THURSDAY, 26 MAR 2020
... given the deterioration in US economic activity. IHS/Markit's flash US composite PMI dropped to a fresh low of 40.5 in March (from 49.6 in the previous month) as manufacturing declined to its lowest reading (49.2) in more than a decade and services ...

Chief economist update: The cheaper alternative

BENJAMIN ONG  |  WEDNESDAY, 25 MAR 2020
... Australian economic activity will slow as shown by the latest UK Markit/CIPS figures - composite PMI down to a reading of 37.1 in March from 53.0 in February; manufacturing down to 48.0 from 51.7; services down to 35.7 from 53.2. But unlike the UK, the ...

Former Toys "R" Us executives face fraud charges

ALLY SELBY  |  MONDAY, 16 MAR 2020
... vendors to ship more product on credit." This resulted in a US$600 million loss for toymakers when Toys "R" Us liquidated in March 2018. To make matters worse, the creditor alleges that the Defendants took out US$3.1 billion in debtor-in-possession (DIP) ...

Chief economist update: Budget surplus or bust

BENJAMIN ONG  |  THURSDAY, 12 MAR 2020
... Westpac/Melbourne Institute's latest survey of consumer confidence - the index dropped by 3.8% to a reading of 91.9 in March - the lowest in five years and the second lowest since the GFC -- from 95.5 in the previous month. The survey was conducted ...

Early access to super scheme results in permanent ban

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 MAR 2020
... contravene credit legislation," ASIC said. Goldenberg has the right to appeal to the Administrative Appeals tribunal. In March 2018, an ASIC action resulted in the winding up and appointment of a liquidator to Superfunded. Goldenberg's lifetime ban comes ...

Willis Towers Watson, Aon to merge

JAMIE WILLIAMSON  |  TUESDAY, 10 MAR 2020
... Aon and Willis Towers Watson has been floated, with the former confirming it was in the process of formulating a deal in March 2019. Those talks collapsed shortly after. Late last month Willis Towers Watson confirmed it was exploring options for part ...

FICAP 2020 weeks away

JAMIE WILLIAMSON  |  THURSDAY, 5 MAR 2020
... Foundation, as well as FICAP's new charity partner SHINE for Kids; created as the Children of Prisoners' Support Group in March 1982 with the firm belief in the power of early intervention to reduce the negative effects of parental imprisonment ...

First State Super and WA Super in merger talks

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 MAR 2020
... members, but to Western Australians too, as it would enhance the delivery of financial services and education across WA." In March 2019, WA Super was in merger talks with Statewide Super and Tasplan with a three-way merger that would create a $24 billion ...