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Showing 81 - 90 of 423 results for "Steel"

Pension fund to buy British Steel

KANIKA SOOD  |  TUESDAY, 27 AUG 2019
The pension fund for the Turkish army emerged as the preferred bidder for the British Steel, four months after it was forced into liquidation. British Steel granted Ataer Holdings A.S. detailed due diligence in mid-August ahead of a full sale. Ataer ...

MLC Wealth shuffles leadership

HARRISON WORLEY  |  THURSDAY, 25 JUL 2019
MLC Wealth has made changes to its executive leadership team as its separation from NAB continues. MLC Wealth has promoted acting executive general manager, super and solutions Garry Mulcahy to a permanent position in its executive leadership, as group ...

Chief economist update: Iron ore on the up and up

BENJAMIN ONG  |  MONDAY, 1 JUL 2019
... obligation to prevent its economy from slowing below this year's GDP targeted growth of 6.0-6.5%. Infrastructure equals steel equals iron ore. Even before this ruling, China's steel mills were busily lifting production. Reuters reports: "The ...

Chief economist update: The rate cut Australia has to have

BENJAMIN ONG  |  TUESDAY, 4 JUN 2019
... of 1.25% at 1430 hours (AEST) today. For sure, there are (very) few dissenters arguing the Australian central bank should steel its nerves and stay put, but the widespread consensus is the RBA will announce a 25 basis point reduction in interest rates ...

Investment firm plans delisting

KANIKA SOOD  |  WEDNESDAY, 29 MAY 2019
... holdings include radio broadcast companies such as EON 2CH, EON Broadcasting (Sunshine Coast Broadcasters) and stainless steel security screen provider Crimsafe.

Chief economist update: Iron ore up or iron ore down?

BENJAMIN ONG  |  TUESDAY, 12 MAR 2019
... Brazil's mining disaster is being negated by the slowdown in China and its continuing effort to reduce pollution by restricting steel production (of which iron ore is the major raw material), notwithstanding Beijing's latest salvo at stimulating ...

Chief economist update: Nerves of steel

BENJAMIN ONG  |  FRIDAY, 22 FEB 2019
... RBA 25 bps rate cuts this year - one in August and another in November - to which I can only say Mr. Evans has nerves of steel, by putting the precise dates of the when. Time - six months from now - will tell whether he's correct in his first rate ...

Chief economist update: Trump trumps Fed

BENJAMIN ONG  |  TUESDAY, 29 JAN 2019
... wall a matter of security emergency. Well who could blame him? The President got away with imposing the 25/10 tariff on steel and aluminium by coating the move as a matter of "national security". The Fed's fresh iteration of being "data dependent" ...

NAB to end financial planning compliance issue

HARRISON WORLEY  |  TUESDAY, 15 JAN 2019
In a media release today, the bank said it had reached out to all clients impacted by a compliance issue that originally surfaced in 2017. The issue saw NAB Financial Planning conduct a review of client beneficiary nomination forms after the bank found ...

Chief economist update: Another year over, a new one begins

BENJAMIN ONG  |  MONDAY, 7 JAN 2019
... and wherefores of this and its name is "Tariff Trump". US President Donald Trump's declaration of the 25/10 tariff on steel/aluminium on 1 March 2018 set the wheels of global economic activity and trade into reverse and with them, equity market fortunes. ...