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Showing 71 - 80 of 489 results for "PMI"

Chief economist update: Eurozone good news to get worse before it gets better

BENJAMIN ONG | TUESDAY, 5 MAY 2020

... annualised rate of minus 14.4% and minus 3.3% year-on-year. The drop in the flash estimate of the IHS/Markit Eurozone composite PMI to an all-time low of 13.5 in April from 29.7 in March suggests that the second quarter is off to a bad start. Even worse ...

Aussie analysts share COVID-19 investment tips

ALLY SELBY | THURSDAY, 30 APR 2020

... stimulus around the world meaning traders are happy to keep buying despite the economic red flags." Investors should look to PMI data as a key indicator of growth, he said. "Growth will only start as the world gets back to normal," Dawes said. "So the ...

Chief economist update: Approaching peak isolation

BENJAMIN ONG | WEDNESDAY, 29 APR 2020

... - worse than being imprisoned is being imprisoned alone. But enough social yada, yada, yadas. The latest Markit Economics PMI surveys reveal the extent of the impact social restrictions and lockdowns is having on economic activity: The IHS/Markit flash ...

Chief economist update: Turns out Brexit was heaven

BENJAMIN ONG | FRIDAY, 24 APR 2020

... investment intentions appear to have recovered." This was underscored by the sharp turnaround in the IHS/CIPS UK Composite PMI index to 53.3 in January - a 16-month high - after four months of below 50 readings (indicating contraction) as activity in ...

Chief economist update: Credit ratings downgrades versus fiscal salvation

BENJAMIN ONG | THURSDAY, 9 APR 2020

... been slowing significantly even before Abe's declaration of a state of emergency, underscored by the au Jibun Bank Japan PMI survey released a few days before (3 April) - the composite PMI dropped to a reading of 36.2 in March from 47.0 in February ...

A coronavirus-bitten cat bounce?

BENJAMIN ONG | TUESDAY, 7 APR 2020

... world. The jump in the US unemployment rate to 4.4% in March from 3.5% in February provides a preview. So has the sharp fall in PMI indices across the planet. The problem is that easing death rates and infections are now prompting calls for the relaxation ...

Chief economist update: Different contagion, same fiscal policy divide

BENJAMIN ONG | MONDAY, 6 APR 2020

... composite index dove to an all-time low of 29.7 in March from 51.4 in February, paced by the near halving of the services PMI to 26.4 (from 52.8) and continued falls in the manufacturing PMI to 44.5 (from 49.2), which had been in contraction territory ...

How PYS changes caused 34% premium hikes

ELIZABETH MCARTHUR | THURSDAY, 2 APR 2020

Significant hikes in group insurance premiums have been put down to the Protecting Your Super reforms - with members of four superannuation funds facing premium increases of 34%. Members of Crescent Wealth Super, Members of Defence Bank, Bankfirst and ...

PMIF sees premiums rise for first time in 12 years

ELIZABETH MCARTHUR | WEDNESDAY, 1 APR 2020

The $30 billion industry fund for emergency services workers has had to increase its insurance premiums for the first time in 12 years as a result of the Putting Members Interests First legislation. ESSSuper put insurance premiums on death only and ...

First in first out?

BENJAMIN ONG | WEDNESDAY, 1 APR 2020

... Statistics(NBS) provides an early indication that economic activity there has returned to expansion. The official manufacturing PMI surged to a reading of 52.0 in March from a record low reading of 35.7 in the previous month due to improvements in all ...

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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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