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Showing 791 - 800 of 4302 results for "Bank of"

AMP Life sale nears completion, new execs appointed

KANIKA SOOD  |  TUESDAY, 23 JUN 2020
... revised sales agreement announcement. New Zealand central bank approval This morning's announcement comes as the Reserve Bank of New Zealand agrees to a revised arrangement after 18 months of deliberation, including seeking advice from APRA. RBNZ wanted ...

Chief economist update: COVID-19 nightmare makes Brexit a dream

BENJAMIN ONG  |  THURSDAY, 18 JUN 2020
... and brought closer to home when now reigning Prime Minister Boris Johnson, himself, became infected with the virus. The Bank of England went to work. After keeping the Bank Rate steady at 0.75% since 2018, it chopped 50 basis points to it in an emergency ...

Chief economist update: COVID-19 takes second crack at China

BENJAMIN ONG  |  TUESDAY, 16 JUN 2020
... of Wuhan in Hubei province in early February. This is at the same time that the Chinese government and the People's Bank of China (PBOC) were rolling out stimulus measures (and continue to do so). China's draconian measures enabled the Politburo ...

Chief economist update: Australian recession - the next generation

BENJAMIN ONG  |  THURSDAY, 4 JUN 2020
... Germany (-2.2%), France (-5.3%), Italy (-5.3), Japan (-0.9%), the UK (-2.0) and China (-9.8%). This justifies the Reserve Bank of Australia's (RBA) positive outlook for the domestic economy. "...it is possible that the depth of the downturn will ...

Economic outlook not as bad as predicted: RBA

ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
The Reserve Bank of Australia governor Phillip Lowe said the extent of the economic downturn, as a result of the impacts of COVID-19, is not as dire as expected. At the June meeting, the RBA board decided to maintain the current policy settings, keeping ...

Chief economist update: What to expect when you're expecting

BENJAMIN ONG  |  TUESDAY, 2 JUN 2020
The Reserve Bank of Australia's (RBA) policy decision - to be announced this afternoon - will only confirm what everyone already is expecting. RBA Governor Philip Lowe and his board will keep Australia's monetary policy settings unchanged - ...

Former MLC super boss joins First Sentier

HARRISON WORLEY  |  MONDAY, 1 JUN 2020
... IAG and NRMA corporate superannuation fund for around six years. Currently serving as a non-executive director of IAG, Bank of Queensland, Cricket Australia and St James Ethics Centre, Tredenick is set to bring decades of experience to the firm's ...

Red tape to slow recovery: Lowe

ELIZA BAVIN  |  FRIDAY, 29 MAY 2020
Reserve Bank of Australia governor Philip Lowe has called for de-regulation, warning excess regulation threatens the "dynamism" of the Australian economy. Speaking to the Senate Select Committee on COVID-19, Lowe said the past three months have been ...

Chief economist update: Better than all the rest

BENJAMIN ONG  |  FRIDAY, 29 MAY 2020
... great many, if not all Australians, would have had this Tina Turner classic playing in their heads listening to Reserve Bank of Australia (RBA) governor Philip Lowe's remarks before the Senate Select Committee on COVID-19. Straight from the governor's ...

Chief economist update: Japan reopens for business

BENJAMIN ONG  |  TUESDAY, 26 MAY 2020
... (annualised) off the economy. So much so that Japan's consumer price inflation measures have U-turned away from the Bank of Japan's (BOJ) ever-so-elusive 2.0% target. The country's annual headline inflation rate weakened to 0.2% in April ...