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Showing 7801 - 7810 of 20556 results for "BEN"

Low prices inflate RBA rate cut chances

BENJAMIN ONG  |  FRIDAY, 27 JAN 2017
Australians, all, should we rejoice? A day before we celebrated Australia Day, the Australian Bureau of Statistics (ABS) released its latest update on the country's inflation. Overall consumer prices rose by 0.5% in the December quarter, easing from ...

AMP cuts venture capital funding

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JAN 2017
AMP shut down its venture capital arm after launching it less than two years ago. A strategic review of the AMP New Ventures program has resulted in its closing, with the roles of those working in the unit made redundant. A spokesperson for AMP said ...

Shine, shine, shine, let it shine

BENJAMIN ONG  |  WEDNESDAY, 25 JAN 2017
Shine, shine, shine, let it shine Thank you strong US dollar. Just as the latest PMI updates for the US and the Eurozone, Japan's manufacturing sector started the New Year with a smile. The Nikkei Japan flash manufacturing PMI increased to 52.8 in January ...

A minor slip but still going stronger

BENJAMIN ONG  |  WEDNESDAY, 25 JAN 2017
The strong US dollar (weak euro) is doing it for the single currency area. Although down slightly to a preliminary estimate of 54.3 in January (from 54.4 in December), the Markit flash Eurozone composite output index is the second highest reading since ...

From strength to strength

BENJAMIN ONG  |  WEDNESDAY, 25 JAN 2017
It may be difficult to swallow latest survey data but President Trump's reflationary agenda has brought out the animal - animal spirits that is - among US manufacturers. This is the indication from the just-released Markit Flash US Manufacturing PMI. ...

PIMCO reveals new Asia-Pacific head

ALEX BURKE  |  TUESDAY, 24 JAN 2017
PIMCO named a new head of Asia-Pacific after Eric Mogelof moved to a US-based role. Kimberley Stafford, currently global head of PIMCO's consultant relations group, will report to PIMCO chief executive Emmanuel Roman. She has held multiple roles at ...

JANA executive director retires

ALEX BURKE  |  TUESDAY, 24 JAN 2017
... specialist investments and business development David Van Ryn, senior consultants Michael Donohue and Edward Giudice and consultant Ben Graetzer.

Westpac fortifies commitment to data protection

JAMIE WILLIAMSON  |  TUESDAY, 24 JAN 2017
Pointing to an increased focus on cybersecurity, Westpac increased its stake in a Canberra-based data security specialist. Westpac now holds a 16% stake in QuintessenceLabs, a 5% increase that will assist the quantum cybersecurity service provider in ...

AustralianSuper lends muscle to big employers

MICHELLE BALTAZAR  |  TUESDAY, 24 JAN 2017
AustralianSuper is starting to reap the benefits of its transition to the Link administration platform, signing on three foundation clients to its newly-launched Business Solutions arm. Under the deal, Komatsu, Clough and one other major company (undisclosed ...

Brexit beginning to bite?

BENJAMIN ONG  |  TUESDAY, 24 JAN 2017
Latest data show that UK retail spending dropped big time in December. Total retail sales declined by 1.9% over the month of December following a 0.1% decrease in the previous month. This much sharper than market expectations for a 0.1% dip and is the ...