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Showing 881 - 890 of 3289 results for "Above"

Chief economist update: Weaker yen strengthening Japan

BENJAMIN ONG  |  THURSDAY, 28 NOV 2019
... sector contracted at a slower pace (48.6 from 48.4 in October) and the services sector climbed back into expansion territory (above 50) to a reading of 50.4 in November from 49.7 in the previous month. Apart from underwriting improved growth in the Japanese ...

Chief economist update: US consumer power

BENJAMIN ONG  |  MONDAY, 25 NOV 2019
... "In 30 of the past 35 months the Sentiment Index was 95.0 or higher, a level of optimism second only to when the Index was above 100.0 for 34 out of 36 months from January 1998 to December 2000, averaging 106.0." "Personal spending will be energized ...

Chief economist update: The PBOC stimulates

BENJAMIN ONG  |  TUESDAY, 19 NOV 2019
Faced with slowing growth and above target inflation, what's a central bank to do? In the case of the People's Bank of China (PBOC), it's going for growth. In a surprise move, the Chinese central bank cut its seven-day reverse repo rate ...

Remediation bill tops $10b: ASIC

ELIZA BAVIN  |  MONDAY, 18 NOV 2019
ASIC said its current tally for remediation provisioning is now "well above" $10 billion, but only $660 million has been returned to 1.2 million consumers. Speaking at the FINSIA: The Regulators 2019 conference, ASIC deputy chair Karen Chester said ...

The AUD is key

BENJAMIN ONG  |  MONDAY, 18 NOV 2019
... wrote. "The A$/US$ exchange rate has currently fallen to US$0.6786 (following the jobs report) but it has risen and remains above the US$0.6704 low plumbed after the RBA's third interest rate cut on October 1." The A$/US$ is now back up to US$68.15. ...

Chief economist update: How low will Lowe go?

BENJAMIN ONG  |  FRIDAY, 15 NOV 2019
... GFC. The A$/US$ exchange rate has currently fallen to US$0.6786 (following the jobs report) but it has risen and remains above the US$0.6704 low plumbed after the RBA's third interest rate cut on 1 October. Information released over the past few ...

No pat on the back for high performers: APRA

HARRISON WORLEY  |  FRIDAY, 15 NOV 2019
... would not feature any means for demonstrating high performance across any of the system's metrics. If a fund performs above the relevant benchmark in a specific area, the colour of its performance will be white, with yellow indicating underperformance ...

Chief economist update: Lower iron ore a boon to the Aussie budget

BENJAMIN ONG  |  THURSDAY, 14 NOV 2019
... raise/lower tax receipts by A$1.1 billion in 2019-20 and by A$3.7 billion in 2020-21. Current iron ore pricing - around A$30/tonne above (even more when averaged over the fiscal year 2019-20) the Treasury's assumption - further cements the government's ...

Sydney boutique heads for Chi-X

KANIKA SOOD  |  WEDNESDAY, 13 NOV 2019
... with distributor eInvest to list the funds. They will have three risk profiles and return targets of 0.5%, 2% and 4% p.a. above the cash rate. "With interest rates where they are, many investors are looking for more from their term deposits," Daintree ...

Industry fund revamps MySuper offering

KANIKA SOOD  |  WEDNESDAY, 6 NOV 2019
... allocation of 59% growth and 41% defensive to 75% growth and 25% defensive. The investment return objective will go up from 2.5% above CPI to 4% above it, on a net after fees and tax basis. "Considering the long term nature of superannuation we have ...