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Showing 61 - 70 of 716 results for "Retail sales"

The great fall of China

BENJAMIN ONG  |  MONDAY, 20 APR 2020
... plummeting by 24.5 in February; industrial production's 13.5% dive in Feb was followed by a 1.1% decline in March; and, retail sales slumped by 20.5% and 15.8% (year-on-year) in February and March, respectively. We, Australians all, are in for a lot ...

Global markets bleed red

ALLY SELBY  |  THURSDAY, 16 APR 2020
... million mark and deaths reach nearly 137,000. US industrial output fell to levels not seen in 70 years in March, while retail sales fell by 8.7%. The New York Federal Reserve's Empire State Index plummeted 57 points to -78.2 in April, its lowest ...

Chief economist update: BOK holds as infections ease

BENJAMIN ONG  |  TUESDAY, 14 APR 2020
... a peak of 851 on March 3. But make no mistake the coronavirus will have an impact on economic activity. Already, retail sales declined by 2.3% in the year to February following a 1.8% increase in the previous month. Plunging consumer confidence suggests ...

Challenger general manager jumps to boutique

KANIKA SOOD  |  THURSDAY, 26 MAR 2020
... financial advisers. He joins former Challenger colleague, Vito D'Introno, who left as Challenger's head of retail sales late last year to join Yarra as its first chief commercial officer. "Rommel's appointment forms part of the planned build ...

Chief economist update: What happens in China...

BENJAMIN ONG  |  MONDAY, 23 MAR 2020
... expansion in December; fixed asset investment plunged by 24.5% over the same period (following a 5.4% gain); and, retail sales sank by 20.5% (after growing by 8.0% at the end of 2019), reports are that, as at March 20, China has recorded no domestically-transmitted ...

Chief economist update: China leads the way

BENJAMIN ONG  |  TUESDAY, 17 MAR 2020
... 6.9% expansion in December. Fixed asset investment plunged by 24.5% over the same period (following a 5.4% gain) and retail sales sank by 20.5% (after growing by 8.0% at the end of 2019). This understandable and to be expected given the stoppages and ...

Chief economist update: Working nine to five, barely getting by

BENJAMIN ONG  |  THURSDAY, 20 FEB 2020
... 186.5% in the September 2019 quarter (latest available) - and that long hoped for acceleration in consumer spending - retail sales had been growing between 2% and 4% over the past five years compared with boom time conditions when it grew between 6% ...

New head of wholesale at Fidelity

KANIKA SOOD  |  WEDNESDAY, 5 FEB 2020
... as we continue to build our offering." Glazier has previously worked as Colonial First State's state manager for retail sales in New South Wales. He had also worked at Perpetual Investments, Lion Nathan Australia and ING. Mathie finished up last August ...

Chief economist update: Happy New Year rat

BENJAMIN ONG  |  MONDAY, 20 JAN 2020
... to 4.7% from 4.5% in the first 11 months of the year; public investment growth eased to 6.8% from 6.9%. Growth in retail sales stabilised at 8.0% in the year to December from November, following a slowdown to a six-month low of 7.2% in October. These ...

Chief economist update: Aussie Black Friday spend will end Saturday

BENJAMIN ONG  |  MONDAY, 13 JAN 2020
... the Australian Bureau of Statistics (ABS) latest update on the country's retail spending. The ABS reported that retail sales jumped by 0.9% in the month of November. This is more than double market expectations for a 0.4% increase and follows increases ...

Editor's Choice

Renato Mota takes on new board position

ELIZA BAVIN  |   12:15PM
Renato Mota has joined the board of a $14 billion super fund along with another financial services stalwart.

Aegon AM gears up to take on local bond managers

MICHELLE BALTAZAR  |   12:12PM
Aegon Asset Management is close to launching its first Australian fund, months after the US$446 billion manager unveiled plans to enter the tightly contested local bond market.

MLC slips global shares into neutral, hits gas on alternatives

RIDDHIMA TALWANI  |   11:49AM
MLC has pulled its global and emerging-market equity positions back to neutral, while continuing to deploy capital into alternatives.

North Americans bargain hunt Down Under: Report

KARREN VERGARA  |   10:48AM
North Americans' merger and acquisition (M&A) appetite for Australian companies will only intensify in 2027 as they chase undervalued assets, according to a new report.

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