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Showing 71 - 80 of 528 results for "Economic outlook"

Chief economist update: OECD upgrades global growth but advises continued policy support

BENJAMIN ONG | TUESDAY, 1 JUN 2021

"The global economy has now returned to pre-pandemic activity levels." This was what the Organisation for Economic Cooperation and Development's (OECD) latest 'Economic Outlook' report revealed as it upgraded its projections for the world ...

Chief economist update: The UK's going OK

BENJAMIN ONG | MONDAY, 31 MAY 2021

... government's furlough scheme ends on September 30 this year. But as the BOE warned at its May meeting, the economic outlook remains uncertain and depends on the "evolution of the pandemic". Cases of infection from the Indian variant are rising in ...

Rich investors not worried about low rates: Citi

KANIKA SOOD | WEDNESDAY, 26 MAY 2021

... investors are optimistic despite low interest rates. The research shows only 1% of HNWs were negative about the economic outlook, while 49% were positive and 40% were neutral. More than half (54%) were more concerned about COVID-19's impact than the ...

Chief economist update: Did the BOE just announce taper?

BENJAMIN ONG | FRIDAY, 7 MAY 2021

... taper. Taper or "slowed somewhat", the BOE's announcement is backed by its sharp upgrade to the country's economic outlook: "New COVID cases in the United Kingdom had continued to fall, the vaccination programme was proceeding apace, and restrictions ...

ANZ profits up 45%, dividends double

KANIKA SOOD | WEDNESDAY, 5 MAY 2021

... provision charge of $187 million. "Despite the ongoing uncertainty, the CP release is a result of the improving economic outlook over the course of the half, as well as some loan volume reductions. Home loan and small business consumers have also behaved ...

Chief economist update: The Fed and Australia

BENJAMIN ONG | TUESDAY, 4 MAY 2021

... largely temporary and that "The ongoing public health crisis continues to weigh on the economy, and risks to the economic outlook remain." But Bob Kaplan begged to disagree (and he knows what he's talking about). In a virtual conference with the ...

Westpac profit climbs, executive leaves

ANNABELLE DICKSON | MONDAY, 3 MAY 2021

... prior corresponding period, mainly due to an impairment benefit reflecting improved asset quality and a better economic outlook. Notable items were also lower. We improved balance sheet strength, with our Common Equity Tier 1 capital ratio rising 153 ...

Chief economist update: Not yet time to make a change

BENJAMIN ONG | FRIDAY, 30 APR 2021

... largely temporary and that "The ongoing public health crisis continues to weigh on the economy, and risks to the economic outlook remain." "The path of the economy will depend significantly on the course of the virus, including progress on vaccinations." ...

Chief economist update: Bank of Canada walks the talk

BENJAMIN ONG | THURSDAY, 22 APR 2021

... controls on their normal activities. This optimism is collectively embodied by upward revisions in the 'OECD Economic Outlook, Interim Report March 2021' - "Global GDP growth is now projected to be 5.6% this year, an upward revision of more than ...

Chief economist update: Copper 10,000

BENJAMIN ONG | TUESDAY, 20 APR 2021

... pandemic restrictions, vaccine roll-outs and continued fiscal and monetary policy support. In its latest World Economic Outlook (WEO) released in April, the International Monetary Fund (IMF) predicted world GDP to expand from -- 3.3% last year to 6.0% ...

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Australian Unity to shed 195 roles

MATTHEW WAI | 12:42PM

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI | 12:34PM

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI | 12:17PM

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA | 12:29PM

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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