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Showing 811 - 820 of 1326 results for "Pandemic"

Japanese bank makes major voting blunder

ALLY SELBY  |  FRIDAY, 25 SEP 2020
... Bank said, after a substantial number of companies postponed their general meetings to July in the wake of the COVID-19 pandemic. "SuMi TRUST Bank and JaSt have, in consultation with external law firms, conducted a review into the appropriateness of ...

BetaShares' Nasdaq ETF surpasses $1bn

ALLY SELBY  |  FRIDAY, 25 SEP 2020
... for some time now, a trend that has been reinforced as the world increasingly moves online in response to the COVID-19 pandemic," he said. "We're very proud that tens of thousands of Australian investors and their advisers are now using the NDQ ETF to ...

Need to recalibrate the fiscal strategy: Frydenberg

ELIZA BAVIN  |  FRIDAY, 25 SEP 2020
... Australia's economy and on our fiscal position," Frydenberg said. "Our economy will be persistently smaller as a result of the pandemic than forecast in the 2019-20 MYEFO, both in real and nominal terms." Frydenberg said in the near-term, real GDP is ...

ASIC, IOSCO report on debt capital raisings

ALLY SELBY  |  THURSDAY, 24 SEP 2020
... industry bodies and international regulators. It also reviewed 12 DCM transactions, some before and some during the COVID-19 pandemic. Notable transactions include Virgin Australia's $250 million B-rated issue in March 2019, a $2.5 billion AAA-rated ...

ASIC extends advice, capital raising provisions

ANNABELLE DICKSON  |  THURSDAY, 24 SEP 2020
... relates to the early release of superannuation scheme as well as certain capital raisings due to the uncertainty of the pandemic. The corporate regulator has extended the capped advice fees regarding ERS at $300, allowing advisers to provide a record ...

Masterfund assets decline

KARREN VERGARA  |  WEDNESDAY, 23 SEP 2020
... sector lost $38.4 billion over the 2019-20 financial year but has almost recovered the losses instigated by the global pandemic, the latest Plan For Life data show. The sector, which comprises mutual funds on wraps, platforms and master trusts, reached ...

Retail fund satisfaction drops

ELIZA BAVIN  |  WEDNESDAY, 23 SEP 2020
... had a challenging year with millions of people opting to withdraw up to $10,000 in funds in response to the COVID-19 pandemic and associated shutdowns," Levine said. "The volatile share-markets so far during 2020 as well as the withdrawal of around $33 ...

Chief economist update: RBA negative on negative interest rate policy

BENJAMIN ONG  |  WEDNESDAY, 23 SEP 2020
... central banks have not taken interest rates deeper into the negative to counteract the negative impact of the coronavirus pandemic on their respective economies. Fed chair Jerome Powell's last words on negative interest rate policy were that the ...

Chief economist update: Yoshihide and the yen

BENJAMIN ONG  |  MONDAY, 21 SEP 2020
... Minister takes over from Shinzo Abe at a time when the global economy appears to have seen the worst of the coronavirus pandemic. Many governments have eased/lifted lockdown and social restrictions, restarting business activity. Japan, itself, has lifted ...

Hostplus can't be killed: Sicilia

ELIZABETH MCARTHUR  |  FRIDAY, 18 SEP 2020
... the first two, adding that members do not contribute for the entire seven years. "Say SG is switched off or there's a pandemic and your industry stops working for the entire seven-year period," Sicilia said. "For Hostplus either a 10% or 30% redemption ...