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Showing 81 - 90 of 488 results for "Wash"

Insurers COVID-19 response slammed

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 JUL 2020
An announcement from the Financial Services Council (FSC) that life insurers would keep their COVID-19 support measures in place until the end of the year doesn't go nearly far enough, a lawyer has said. As part of the insurance response to COVID-19 ...

Chief economist update: US-China tensions escalate

BENJAMIN ONG  |  THURSDAY, 23 JUL 2020
Houston, we have a problem. The headlines say it all: "US-China tensions escalate after closure of Houston consulate" - The Guardian "China pledges to retaliate after U.S. orders closure of its consulate in Houston" - Washington Post "U.S. Orders China ...

ASIC will not appeal wagyu and shiraz decision

ANNABELLE DICKSON  |  THURSDAY, 23 JUL 2020
The corporate regulator has announced it will not appeal to the High Court's rejection ofits case against Westpac for alleged responsible lending breaches. ASIC commenced federal court proceedings against Westpac in 2017 alleging that between December ...

Bezos adds billions

ELIZA BAVIN  |  WEDNESDAY, 22 JUL 2020
Amazon founder Jeff Bezos added US$13 billion to his net worth in a single day marking the largest single day jump for an individual, according to the Bloomberg Billionaires Index. The spike in wealth was due to a near 8% spike in Amazon shares, due ...

Super reform should happen, but not now: Grattan

ELIZA BAVIN  |  THURSDAY, 2 JUL 2020
... table for a long time, and while they are worth doing, now is not the appropriate time. "By contrast, failing to manage the wash-up of COVID-19 over the next six to 12 months could lead to an unpleasant economic shock, progressing to a depression lasting ...

Property investors should diversify: FSI

HARRISON WORLEY  |  WEDNESDAY, 24 JUN 2020
... urging investors to take a diversified approach to property, as some sectors fare better than others in the COVID-19 economic wash-up. First Sentier head of global property securities Stephen Hayes said while the pandemic lockdowns have certainly had ...

Fixed income investors get new ESG rating

HARRISON WORLEY  |  TUESDAY, 23 JUN 2020
Global responsible investment manager Insight Investment has introduced a new ESG risk rating for fixed income products, which it claims covers around 95% of companies in global investment grade indices. The firm's new ESG risk rating tool provides ...

Chief economist update: The second wave

BENJAMIN ONG  |  FRIDAY, 12 JUN 2020
Wall Street is down! Repeat, Wall Street is down! At the close of last night's trading activity all US benchmark equity indices closed sharply lower: Dow (6.9%), S&P 500 (5. 9%), Nasdaq (5.3%), Russell 2000 (7.6%). Financial market wire and web ...

Chief economist update: Hong Kong is ours

BENJAMIN ONG  |  MONDAY, 25 MAY 2020
The COVID-19 pandemic was both a curse and a blessing (for lack of a better word) for China's Politburo. Social restrictions and lockdowns imposed by the powers-that-be to contain the virus sent the economy plunging 6.8% in the year to the March ...

Currency-hedged ETFs gather pace

KANIKA SOOD  |  MONDAY, 18 MAY 2020
... would says if you are in an international asset class [fund] for long-term of five years or more, the effects of currency wash out. Obviously you can't predict what currencies are going to do in five years, so most people like to have a foot in both ...