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Showing 71 - 80 of 605 results for "IMF"

Virus fallout worse than GFC: IMF

ELIZA BAVIN | TUESDAY, 10 MAR 2020

... the coronavirus epidemic. In a blog post, Gita Gopinath, economic counsellor and director of the research department at the IMF, warned that the coronavirus outbreak is different from past issues. "This health crisis will have a significant economic ...

Chief economist update: A crisis of supply, demand and confidence

BENJAMIN ONG | FRIDAY, 6 MAR 2020

... repercussions of COVID-19 (gulp). The OECD has already slashed its 2020 growth forecast by 50 basis points to 2.4% and the IMF now expects world growth to be lower than last year's 2.9% rate. In its World Economic Outlook report published in January ...

Chief economist update: Who's afraid of COVID-19?

BENJAMIN ONG | TUESDAY, 25 FEB 2020

... shutdowns of entire towns/cities, etc. as COVID-19 has now done. So much so, that the global economy is getting/gotten sick. The IMF has downgraded its 2020 global growth forecast by 0.1 ppt to 3.2% -- led by a reduction in China's GDP growth from ...

Bell FG appoints director, releases FY results

ALLY SELBY | FRIDAY, 21 FEB 2020

... Feldmanis adds the role to her already impressive resume; currently serving as a director of Perpetual Equity Investment Company, IMF Bentham, FIIG Securities, Utilities of Australia and Hunter Water Corporation. She is also currently the chair of Bell ...

Chief economist update: Coronavirus threatens Tokyo Olympics

BENJAMIN ONG | FRIDAY, 7 FEB 2020

The sooner the coronavirus is licked, the better for everybody - more so for Japan. The Diamond Princess Cruise Ship underscores the positive impact of tourism on Japan's economy. The nearly 4000 tourists quarantined aboard the ship due to the coronavirus ...

Chief economist update: Coronavirus infects oil market

BENJAMIN ONG | TUESDAY, 4 FEB 2020

It appears that no one and nothing is immune from the spread of the coronavirus. It's now turned the bull market in crude oil into a bear. Crude oil prices sank by more than 10% (the technical definition of a bear market) - WTI oil down 15.6%; Brent ...

Chief economist update: Steady as it was, steady it will be

BENJAMIN ONG | WEDNESDAY, 29 JAN 2020

... any better, I would infer that Madam Lagarde was channelling her previous role as head of the International Monetary Fund (IMF) and that the institution's missive "Tentative Stabilization, Sluggish Recovery?" contained in its January 2020 'World ...

Chief economist update: Equity markets struck by coronavirus

BENJAMIN ONG | WEDNESDAY, 22 JAN 2020

... respiratory syndrome) of the early 2000s stopped after 775 deaths? Reuters too. It pointed to a 2008 study conducted by the IMF that predicted that an influenza pandemic could cost US$3 trillion and a 5 per cent fall in world output. But this one I found ...

Light on horizon for global economy

ELIZA BAVIN | TUESDAY, 21 JAN 2020

... rebound is climate change. In 2019 the global economy experiences the weakest growth since the Global Financial Crisis, but the IMF is expected 2020 to deliver global gross domestic product growth of 3.3%. The IMF published its expectations in its report ...

Chief economist update: Let's talk about debt

BENJAMIN ONG | TUESDAY, 26 NOV 2019

... tape." "The 13 represent ten universities in five states. Among them are macroeconomists, economic modellers, former Treasury, IMF, OECD and Reserve Bank officials and a former government minister." Just as I've put forward five months earlier on ...

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Australian Unity to shed 195 roles

MATTHEW WAI

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

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

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

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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