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Showing 61 - 70 of 100+ results for "Monday"

Pinnacle distribution director takes new role

KANIKA SOOD  |  THURSDAY, 26 MAR 2020
... for a $12.8 billion multi-boutique. Duncan Hodnett will join Maple-Brown Abbott as its head of global distribution coming Monday. The newly-created role puts Hodnett in charge of Maple-Brown Abbott's business development, client services, marketing ...

Super funds revalue unlisted assets

HARRISON WORLEY  |  WEDNESDAY, 25 MAR 2020
... unlisted assets to the tune of 7.5% on average, leading to a 2.2% reduction to the fund's $126 billion balanced option on Monday. AustralianSuper chief executive Ian Silk said the "unique" circumstances facing the world had led the fund to revalue its ...

RBA pulls QE trigger

ELIZA BAVIN  |  THURSDAY, 19 MAR 2020
... exchange settlement balances at 10 basis points instead of zero. The move comes after RBA governor Philip Lowe announced on Monday the bank was standing ready "to purchase Australian government bonds". Lowe said that while COVID-19 is a public health ...

Coronavirus puts rocket under shorting ETFs

KANIKA SOOD  |  WEDNESDAY, 18 MAR 2020
... delivers 2 to 2.75% increase for 1% fall in the index - similar to what BBUS does for the S&P 500 Total Return Index. On Monday, when ASX reported its worst one-day fall ever, BBOZ ended the day 22.07% higher than the previous trading day's close ...

Philippines halts all trading

ELIZA BAVIN  |  TUESDAY, 17 MAR 2020
... and banks. The PSE has been getting hammered by the high volatility and panic selling with is gripping other markets. On Monday the PSE fell as much as 7.9% and a 15-minute trading halt was triggered twice last week when shares tumbled over 10%.

US turns to QE, RBA to follow

ELIZA BAVIN  |  MONDAY, 16 MAR 2020
... Philip Lowe said the central bank "stands ready to purchase Australian government bonds." Lowe made the announcement on Monday, following the Fed's decision overnight. Lowe said: "Australia's financial system is resilient and it is well placed ...

Coronavirus is an investment opportunity: Fidelity

ALLY SELBY  |  FRIDAY, 13 MAR 2020
COVID-19, despite its obvious health hazards and hysteria-spooked market volatility, can actually be an opportunity for investors, enabling them to purchase the market's darlings at discounted prices. That's according to Paul Taylor, portfolio ...

Trump slams Fed in Twitter tirade

ALLY SELBY  |  WEDNESDAY, 11 MAR 2020
... tumultuous start to the week for markets, with the Dow Jones, S&P 500 and Nasdaq suffering their worst day in a decade on Monday. Markets rebounded on Tuesday on hopes of government stimulus - with the White House reportedly working on a proposal to ...

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

ALLY SELBY  |  TUESDAY, 10 MAR 2020
... production. The US West Texas Intermediate (WTI) crude and global Brent Crude benchmark slid 24.59% and 24.1%, respectively on Monday. Currently, WTI is trading up 8%, while Brent crude is trading up 8.95%. Moody's Analytics energy economist Chris ...

Chief economist update: The C word

BENJAMIN ONG  |  TUESDAY, 3 MAR 2020
... teleconference this week to coordinate their response to the coronavirus outbreak, France's Finance Minister Bruno Le Maire said Monday." "Finance ministers need to ensure that their responses are "as coordinated as possible" in order to be effective ...