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Showing 881 - 890 of 1878 results for "Wen"

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 9 SEP 2016
US consumer credit Total US consumer credit went up by US$17.7 billion in July, stronger than the previous month's US14.5 billion increase and more than market expectations for a US$15.6 billion rise. Non-revolving credit - i.e. car and student loans ...

CBA offers $9.4m in compensation

ALEX BURKE  |  MONDAY, 5 SEP 2016
CBA has provided an update on its Open Advice Review, saying it has offered $9.4 million in compensation to customers. The bank contacted 350,000 at the review's outset, 8,600 of whom requested a review. So far, 5,300 of those requested assessments ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 2 SEP 2016
Australia capex The Australian Bureau of Statistics' (ABS) report on business investment shows actual private new capital expenditure drop by 5.4% in the June quarter following a similar 5.4% decline in the three months to period and worse than market ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 1 SEP 2016
Australia private sector credit Total private sector credit increased by 0.4% in July - in line with market expectations - following a 0.2% gain in the previous month. Credit to housing and to business went up by 0.5% and 0.3%, respectively while personal ...

Managed accounts to disrupt fund businesses to the tune of $60bn

MICHELLE BALTAZAR  |  THURSDAY, 25 AUG 2016
The managed accounts industry is tipped to hit $60 billion by 2020, heavily disrupting traditional asset manager business models and driving the growth of financial advice groups, according to Morgan Stanley Research. In an extensive 75-page broker ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 25 AUG 2016
Australia construction work done A sharp 9.0% drop in engineering in the June quarter accounted for all of the 3.7% fall in the value of total construction work done in the three months to June - worse than market expectations for a 1.9% fall. The value ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 19 AUG 2016
Australia employment It was good, but not as good as the headline numbers suggests. Australian businesses hired an additional 26,200 workers in July - more than market expectations for an increase of 10,000 and the biggest monthly rise since the "questionable" ...

AMP Capital opts to liquidate AGF portfolio

ALEX BURKE  |  TUESDAY, 16 AUG 2016
AMP Capital has chosen to wind up the China Growth Fund by liquidating the portfolio. As the responsible entity for the fund, AMP Capital considered two options for the wind-up: first, that the portfolio would remain invested in China A shares, with ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 16 AUG 2016
Empire State manufacturing survey Factory activity in the New York region softened in August with the Empire State manufacturing index falling to a reading of minus 4.21 in the month from 0.6 in the previous month and expectations for a 2.5 print. While ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 9 AUG 2016
ANZ job ads The "increased uncertainty following the close federal election on July 2 and the shock decision by the UK to leave the European Union on June 24" is how ANZ's head of Australian economics Felicity Emmett explained the sharp 0.8% drop in ...