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Showing 891 - 900 of 4001 results for "Cut"

World rolls out stimulus

ELIZA BAVIN  |  WEDNESDAY, 18 MAR 2020
... market. Whilst coordination by the G7 led by Emmanuel Macron, and G20 led by Narendra Modi, show the need to act fast and cut through legislative wrangling and red tape," SSGA head of global macro policy research Amlan Roy said. "Street talk of 'global ...

Wall Street tumbles, ASX holds ground

ELIZA BAVIN  |  TUESDAY, 17 MAR 2020
... battering since the coronavirus outbreak left the shores of China, with the S&P 500 falling another 12% overnight. A sharp cut in interest rates, stricter quarantine enforcements around the globe and a change of tone from US President Donald Trump all ...

Former ANZ Wealth investment chief exits

JAMIE WILLIAMSON  |  MONDAY, 16 MAR 2020
The former chief investment officer for ANZ Wealth has left the business as part of the extensive job losses announced last week. Financial Standard understands Mark Rider, ANZ Wealth's chief investment officer since March 2017, has left the business. ...

US turns to QE, RBA to follow

ELIZA BAVIN  |  MONDAY, 16 MAR 2020
... coronavirus outbreak has harmed communities and disrupted economic activity in many countries, including the United States," as it cut interest rates to essentially zero. The move comes after a weekend fraught with frantic updates from world governments ...

Chief economist update: Coronavirus cures climate change

BENJAMIN ONG  |  MONDAY, 16 MAR 2020
... a blog post central bank will not tolerate any risks to smooth transmission of its policy and stands ready to do more. BOC cut 50bps to 0.75% following similar cut March 4; announced purchase facility for Bankers Acceptance notes. RBA injected an outsized ...

REITs resilient in face of virus: Principal

ELIZA BAVIN  |  FRIDAY, 13 MAR 2020
... give high yields, particularly compared to Hong Kong and to some extent, the US." Yoong said the recent official cash rate cut by the Reserve Bank of Australia makes A-REIT yields even more attractive. "A-REITS now yield about 5% - a lot better than ...

Chief economist update: The corona crash of 2020

BENJAMIN ONG  |  FRIDAY, 13 MAR 2020
... closures... generally, a general lockdown. Monetary and fiscal authorities have responded: The Reserve Bank of Australia (RBA) has cut interest rates by 25 bps earlier this month, taking the official cash rate to a new record low of 0.5% and is expected ...

Chief economist update: Budget surplus or bust

BENJAMIN ONG  |  THURSDAY, 12 MAR 2020
... since the GFC -- from 95.5 in the previous month. The survey was conducted in the week from March 2 to 6 March 2020. The RBA cut rates on March 4. Australia's finances certainly won't be in a surplus this financial year but that's better ...

Fee cuts hack at fund manager margins

KANIKA SOOD  |  WEDNESDAY, 11 MAR 2020
... accelerating fee pressure. Between 2012 and 2015, passive strategies lowered their fees by 3.5% while active strategies were cut by 2.5% annually. The fee cuts intensified in the next three-year period ending 2018. During this period, fees for both passive ...

Trump slams Fed in Twitter tirade

ALLY SELBY  |  WEDNESDAY, 11 MAR 2020
... the White House reportedly working on a proposal to assist businesses and workers impacted by COVID-19; including plans to cut payroll taxes to 0%, relief for hourly workers, and assistance for the airline, hotel and cruise industries. In the tweets ...