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Showing 81 - 90 of 2061 results for %22Bank of China%22

Lion Global partners with local distributor

KARREN VERGARA  |  MONDAY, 2 NOV 2020
... bring our Asian Private Equity expertise to Australian institutional investors," he said. Lion Global is a subsidiary of OCBC Bank, with about US$43.8 billion ($62.5 billion) of assets under management as at June 2020, and a team of over 40 fund managers ...

Chief economist update: The recession is over

BENJAMIN ONG  |  WEDNESDAY, 28 OCT 2020
The Australian recession is over! This was what Reserve Bank of Australia deputy governor Guy Debelle implicitly told a Senate Estimates virtual hearing when he said :"At the moment it looks like the September quarter for the country probably recorded ...

Fiscal policy spurs investor confidence: Citi

ANNABELLE DICKSON  |  FRIDAY, 16 OCT 2020
... Zealand. Nearly 80% of the delegates at the Citi Australia Investment Conference believe the terminal rate for the Reserve Bank of Australia will be 10 basis points, with just 30% believing there will be negative rates. However, 69% of investors believe ...

Chief economist update: Get shorty

BENJAMIN ONG  |  TUESDAY, 13 OCT 2020
The People's Bank of China (PBOC) cut the foreign exchange risk reserve ratio for forward contracts to 0% from 20% over the weekend, effectively giving its blessing to currency traders to "get shorty". The PBOC imposed the 20% risk reserve ratio ...

Chief economist update: Splish splash, budget cash

BENJAMIN ONG  |  WEDNESDAY, 7 OCT 2020
... ratio of 107%; Japan, 237%; the Eurozone, 84.1%; the UK, 80.7%; Canada, 89.7%; China 50.5%. And then there's the Reserve Bank of Australia (RBA) which still has relatively more firepower than many of its counterparts and is "committed to do what ...

Chief economist update: Australia's third arrow

BENJAMIN ONG  |  WEDNESDAY, 30 SEP 2020
... Australians all, are one in anticipating Christmas to come on October 6 this year - the day when most expect the Reserve Bank of Australia (RBA) and Treasury to be handing out good tidings. October 6 is RBA meeting day, the day financial markets expect ...

Chief economist update: China's post-pandemic economy

BENJAMIN ONG  |  WEDNESDAY, 16 SEP 2020
... won't be fended off. We fought hard, this is our payback." Zhang Yong, a small taxi company owner in Wuhan, is proud for China has proved that the coronavirus could be conquered. So much so that its death sparked a post-pandemic pool party Wuhan ...

RBA observes weakness and uncertainty

ELIZA BAVIN  |  TUESDAY, 15 SEP 2020
The Reserve Bank of Australia (RBA) said there are signs of weakness in domestic economic conditions and a high level of uncertainty, when the board met for its September meeting. In considering the policy decision, the RBA said members observed that ...

Banks lose US$635 billion

ELIZA BAVIN  |  TUESDAY, 15 SEP 2020
... $437.2 billion in December 2019 and $305.44 billion as of August 2020. Other notable banks to take a percentage hit were the Bank of China (-23.68%), BNP Paribas (-26.2%) and MUFG (-23%). Buy Shares said banks went into the pandemic stronger and it might ...

Chief economist update: Prime Minister Suga

BENJAMIN ONG  |  TUESDAY, 15 SEP 2020
... credited with "Abenomics" - coined for his "three arrows" strategy: accommodative monetary policy aimed at achieving the Bank of Japan's (BOJ) 2% inflation target; increased fiscal spending aimed at raising the country's growth rate to 2%; and ...