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Showing 981 - 990 of 4737 results for "Reserve"

Chief economist update: China's great leap forward 70 years in the making

BENJAMIN ONG  |  FRIDAY, 27 SEP 2019
... included in the MSCI indexes; and the Chinese yuan officially became a world currency on 1 October 2016 - making it the third reserve currency with a weighting of nearly 11% of the IMF's special drawing rights after the US dollar and the euro. It ...

Northern Trust to clear high-value payments

KANIKA SOOD  |  WEDNESDAY, 25 SEP 2019
... custody bank will now be able to settle its own high value payment obligations on a real-time gross settlement basis via the Reserve Bank Information and Transfer System (RITS). "As a direct clearer of Australian dollars, Northern Trust will manage its ...

Chief economist update: RBA cuts official cash rate to 0.75%

BENJAMIN ONG  |  WEDNESDAY, 25 SEP 2019
This will be the headline flashing on your screens at around 230 in the afternoon of Tuesday, October 1, after the Reserve Bank of Australia (RBA) concludes its scheduled board meeting. In his address to the Armidale Business Chamber, RBA governor Philip ...

Chief economist update: Time for a Keynes comeback

BENJAMIN ONG  |  TUESDAY, 24 SEP 2019
... calling for the Australian government to ditch its obsession with a budget surplus months ago. Likewise, the US Federal Reserve, the European Central Bank, the Bank of England, and our very own Reserve Bank of Australia, among others, have been calling ...

Chief economist update: The BOJ needs to run faster to stay in the running

BENJAMIN ONG  |  MONDAY, 23 SEP 2019
... it is necessary for maintaining that target in a stable manner". This, in spite of recent developments: The US Federal Reserve has just cut interest rates a second time just at its 17-18 September FOMC meeting just hours before and the European Central ...

Chief economist update: This is a job for the RBA (and the Treasury)

BENJAMIN ONG  |  FRIDAY, 20 SEP 2019
... Federal Reserve's announced a 25 bp cut in the fed funds rate underscores financial markets' conviction that the Reserve Bank of Australia (RBA) will cut interest rates again when it meets on the first Tuesday of October - taking the official ...

Colchester launches new fund

ELIZA BAVIN  |  THURSDAY, 19 SEP 2019
Colchester Global Investors has launched its new Emerging Markets Bond Fund for financial advisers to diversify within the income-generating allocations of client portfolios. Colchester's head of distribution for Australia, Angela MacPherson, said ...

Chief economist update: Plenty of oil

BENJAMIN ONG  |  WEDNESDAY, 18 SEP 2019
... release more oil into the market. POTUS tweeted so: "I have authorised the release of oil from the Strategic Petroleum Reserve, if needed, in a to-be-determined amount sufficient to keep the markets well-supplied... PLENTY OF OIL!" At the end of the ...

New principal consultants at Frontier

KANIKA SOOD  |  MONDAY, 16 SEP 2019
... president based in Melbourne with a focus on airport infrastructure. Naylor joined Frontier last year, after working at the Reserve Bank of Australia in fixed income trading roles, as a consultant to the World Bank and as an economist for Macquarie Bank. ...

Chief economist update: Fed future move depends on dollar direction

BENJAMIN ONG  |  MONDAY, 16 SEP 2019
... Fed better not disappoint or there'll be hell to pay... especially from @realDonaldTrump who tweeted: "The Federal Reserve should get our interest rates down to ZERO, or less, and we should then start to refinance our debt. INTEREST COST COULD BE ...