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Showing 921 - 930 of 15206 results for "Dow"

Most traded US stocks revealed

ELIZA BAVIN  |  FRIDAY, 21 JUN 2024
... fact, six mega-tech shares accounted for more than 75% of the S&P 500's gain last month. By the end of the month, the Dow Jones had gained 2.3%, but it was the two other benchmark indices that garnered the most attention, with the S&P 500 and Nasdaq ...

Dexus sees $1.3bn wiped from portfolio value

JAMIE WILLIAMSON  |  THURSDAY, 20 JUN 2024
An external revaluation of the bulk of its assets estimates Dexus' book value has dropped some 9% in the last six months. In an update to investors, Dexus said recent draft external independent valuations have resulted in a total estimated drop of about ...

Industry Super Australia names new chair

ELIZABETH FRY  |  WEDNESDAY, 19 JUN 2024
Industry Super Australia (ISA) has welcomed a top Hostplus executive as its new chair. Hostplus chief member officer Umberto Mecchi replaces Cath Bowtell, who was the acting chair. Prior to Bowtell, Peter Collins led the board after Greg Combet stepped ...

Australia's competitiveness climbs world rankings

ELIZA BAVIN  |  TUESDAY, 18 JUN 2024
Stronger business and government investment, population growth and budget positions have seen Australia record its best international competitiveness ranking since 2011. The nation rose from 19th to 13th in the IMD World Competitiveness Yearbook 2024 ...

What's keeping the Treasurer up at night?

ANDREW MCKEAN  |  THURSDAY, 13 JUN 2024
Treasurer Jim Chalmers said at the Morgan Stanley Australia Summit in Sydney yesterday that a key goal of the Budget was to fight inflation in a way that doesn't damage an already weak economy. "... the primary focus of the Budget was to tackle inflation ...

US looks towards rate cuts, Australia lags behind

ELIZA BAVIN  |  THURSDAY, 13 JUN 2024
A raft of economic data came out from the US overnight with US Federal Reserve chair Jerome Powell indicating the US could cut interest rates at least once this year. A lower-than-expected May CPI print was encouraging, but the FOMC still kept its funds ...

BlackRock launches new government bond ETF

ELIZA BAVIN  |  THURSDAY, 13 JUN 2024
BlackRock Australia has announced the launch of the iShares 15+ Year Australian Government Bond ETF (ASX: ALTB) with a management fee of 0.15%. BlackRock said the launch is in line with the firm's commitment to expand its iShares product suite, offering ...

Super leaders take out King's Birthday honours

ELIZABETH FRY  |  TUESDAY, 11 JUN 2024
Four top superannuation specialists have been recognised in this year's honours list including incoming governor general Sam Mostyn, who recently stepped down as chair of Aware Super. Those celebrated for their work in superannuation also include ...

ECB drops interest rates to 3.75%

KARREN VERGARA  |  FRIDAY, 7 JUN 2024
The European Central Bank (ECB) cut interest rates by 0.25% to 3.75% - the first decrease in five years. The rate cut affects three key ECB interest rates based on an inflation outlook, the dynamics of underlying inflation, and the strength of monetary ...

Macquarie AM bags top manager gong

KARREN VERGARA  |  FRIDAY, 7 JUN 2024
Macquarie Asset Management has taken out the top prize at this year's Investment Leadership Awards. This is the fifth time that Macquarie AM has taken home the Investment Manager of the Year Award since 2018, which was awarded at Financial Standard's ...