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Showing 751 - 760 of 3137 results for "Crisis"

Global stocks plunge as COVID-19 fear accelerates, oil crashes

ALLY SELBY  |  TUESDAY, 10 MAR 2020
... fell 7.3% or 455 points. It was the biggest intraday percentage fall for the local benchmark since the Global Financial Crisis. The S&P/ASX 200 has fallen 19.6% from its February highs. A 20% drop marks a bear market. In the first 10 minutes of trade ...

Virus fallout worse than GFC: IMF

ELIZA BAVIN  |  TUESDAY, 10 MAR 2020
... of the research department at the IMF, warned that the coronavirus outbreak is different from past issues. "This health crisis will have a significant economic fallout, reflecting shocks to supply and demand different from past crises," Gopinath said. ...

Advice important for family conscious: Perpetual

ELIZA BAVIN  |  TUESDAY, 10 MAR 2020
... of the expertise and in the current climate it is important to have difficult discussions about future goals. "A time of crisis or uncertainty, like we're experiencing now, may trigger these types of discussions. But we shouldn't let circumstances force ...

Chief economist update: The crash we have to have

BENJAMIN ONG  |  TUESDAY, 10 MAR 2020
... freezing (of economic activity) wrought by coronaphobia is shaking what has become an orthodoxy since the Global Financial Crisis that central banks are the new masters of the universe. Grexit, the Jasmine Revolution, North Korea's missile launches ...

Billionaire investor warns against buying the dip

ALLY SELBY  |  MONDAY, 9 MAR 2020
... investment discipline and extreme vigilance," Waislitz said. "While it is impossible for anyone to be definitive about how this crisis will eventually play out, my experience over more than 30 years of being active in financial markets tells me that ...

ANZ wealth exit sees hundreds of jobs go

ELIZABETH MCARTHUR  |  MONDAY, 9 MAR 2020
... broader economy is self-serving and short sighted." She added that Australia "backed the banks" through the global financial crisis and that ANZ should be mindful of its broader responsibility to the community. "ANZ actions this week will simply confirm ...

Equities not that expensive: Hamish Douglass

ALLY SELBY  |  MONDAY, 9 MAR 2020
... He also applied this lens to the US property market. "Rental yields are falling," Douglass said. "Before the financial crisis, rental yields on commercial property were sitting at around 6.5%, and if you look today, rental yields have fallen to a lower ...

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

BENJAMIN ONG  |  FRIDAY, 6 MAR 2020
... travel) and "well" people will prefer to stay at home, scared of being infected. The coronavirus has brought upon us a crisis in supply and demand and from the financial markets' reaction, a crisis in confidence.

Climate activism not translating to investing

ELIZA BAVIN  |  THURSDAY, 5 MAR 2020
... customer officer at Australian Ethical said: "The findings reaffirm that most Australians are concerned about the climate crisis and are taking everyday actions to reduce their impact on the environment." "And yet these actions are so much more impactful ...

Chief economist update: The C word

BENJAMIN ONG  |  TUESDAY, 3 MAR 2020
... a long, long way towards restoring consumer, business and investor confidence, as they have during the global financial crisis and "Great Recession" of a decade past. The sharp rebound in equity markets everywhere proves this.