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Showing 81 - 90 of 533 results for "Congress"

Chief economist update: Disappointing jobs results raise Biden's stimulus bid

BENJAMIN ONG  |  MONDAY, 8 FEB 2021
... couldn't have come at a more opportune time - the time when fresh president of the US, Joe Biden, is bidding the Congress to pass his US$1.9 trillion stimulus package. The BLS reports that the economy added 49,000 jobs in January. This is lower than ...

Technology can ease adviser red tape: Academic

KARREN VERGARA  |  THURSDAY, 3 SEP 2020
... advisers can be "trustworthy" again, she said. David Locke, the chief executive of AFCA, appeared briefly at the virtual congress signaling some good news that the industry could be on its way to regaining trust and trustworthiness. Locke said that AFCA ...

Chief economist update: Good US employment news is not so good

BENJAMIN ONG  |  MONDAY, 10 AUG 2020
... (47,849), and most total deaths (165,617). The continued impasse on the passing of the fifth coronavirus stimulus bill in Congress puts another question mark to the recovery in the US economy... threatening Trump's re-election campaign. So much so ...

CalPERS chief investment officer resigns

JAMIE WILLIAMSON  |  FRIDAY, 7 AUG 2020
The $565 billion pension fund is on the hunt for a new investment chief following the resignation of Yu (Ben) Meng. Meng was appointed to the lead investments role in January 2019 and, last financial year, achieved a return of 4.7% - beating its 4.3% ...

FPA award nominations open, new award announced

ALLY SELBY  |  WEDNESDAY, 5 AUG 2020
... award winners receiving consumer media opportunities and complimentary registration to next year's FPA Professionals Congress. De Gori urged advisers and students to enter the awards and trumpet their achievements. "I strongly encourage all FPA members ...

Chief economist update: A tale of two quarters

BENJAMIN ONG  |  FRIDAY, 3 JUL 2020
... the Russell 2000 by 45.4%. Wall Street's recovery was facilitated by massive monetary and fiscal spending. The US Congress passed a US$2 trillion emergency stimulus package in efforts to lessen the toll on the newly-unemployed - the unemployment ...

Disgraced lobbyist charged

ALLY SELBY  |  FRIDAY, 26 JUN 2020
A disgraced American lobbyist, businessman and movie producer, who was played by actor Kevin Spacey in a movie about his life, has been charged over his role in a fraudulent bitcoin scheme. Jack Abramoff, who in 2006 was sentenced to six years in federal ...

FPA Congress moves online

ELIZA BAVIN  |  WEDNESDAY, 24 JUN 2020
The Financial Planning Association of Australia (FPA) has announced the 2020 FPA Virtual Congress masterclass series will go live on July 9. The FPA is offering its Congress format as a virtual event for the first time in response to the COVID-19 pandemic. ...

Hong Kong financial hub status at risk

ELIZA BAVIN  |  THURSDAY, 28 MAY 2020
... States laws in the same manner as US laws were applied to Hong Kong before July 1997," Pompeo said in a statement to US Congress. The statement comes after Beijing announced its move to impost Chinese national security laws in Hong Kong, which aim to ...

Chief economist update: Hong Kong is ours

BENJAMIN ONG  |  MONDAY, 25 MAY 2020
... March and April - central command has moved to prevent a repeat of last year's protests. At the National People's Congress (NPC) held on May 22, Premier Li Keqiang announced its intent to improve national security in Hong Kong (if it sounds familiar ...