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Showing 81 - 90 of 485 results for %22Middle East%22

Emerging markets weather varied COVID-19 storms

ALLY SELBY  |  THURSDAY, 7 MAY 2020
... sectors. Digital payments is an area of opportunity, Grana and Culley said, not only in China but also in Africa and the Middle East. While countries struggle to battle the coronavirus, the portfolio managers warned debt could end up working in opposition ...

The domino effect: Oil falls, markets follow

ALLY SELBY  |  TUESDAY, 21 APR 2020
... businesses," Craig said. "Low oil prices will also put pressure on commodity-exporting emerging markets, such as Russia, the Middle East and Latin America. However, this benefits importers in Asia, especially India, whose current account deficit position ...

Hermes handbags an emerging asset class for UHNWs

KANIKA SOOD  |  FRIDAY, 13 MAR 2020
... on offer," Knight Frank joint national head of private office Sarah Harding said. "Ultra-wealthy investors from the Middle East and Europe are leading the charge in growing demand for collectables, while nearly all of the Australasian investors are expected ...

RBA expected to cut again; maybe even tomorrow

ELIZA BAVIN  |  MONDAY, 2 MAR 2020
... the affected countries can keep a lid on the spread of the virus. With COVID-19 now spreading through Europe and the Middle East, that looks unlikely." Shane Oliver, chief economist at AMP Capital, said that March quarter growth is already likely to ...

GAM profits fall 92%, management team overhauled

JAMIE WILLIAMSON  |  FRIDAY, 21 FEB 2020
... outflows from the firm, there were some positive signs with net-new money in markets such as Australia, Japan and the Middle East," Sanderson said.

HSBC to cut 35,000 jobs

ELIZA BAVIN  |  THURSDAY, 20 FEB 2020
... billion in assets, shrink its investment bank and close a third of its US branches as it shifts focus to Asia and the Middle East. Interim chief executive Noel Quinn said the changes are significant and warned of "meaningful" reductions to the workforce ...

Chief economist update: COVID-19 could hit Australia with triple whammy

BENJAMIN ONG  |  FRIDAY, 14 FEB 2020
... US, American Airlines and Delta halted flights until the end of April, as did the Spanish flag carrier Iberia. "Asian and Middle Eastern airlines were also heavily affected. Emirates and Etihad are among at least 16 to scrap some routes to China. "Makers ...

Macquarie suit to lead Challenger joint venture

KANIKA SOOD  |  THURSDAY, 6 FEB 2020
... Generale, working as a trader, credit analyst and in sales for the French bank's loan syndications across Europe, the Middle East and Africa. In his new role, Benveniste will be based in Sydney. He has been tasked with building investor interest ...

CIMIC replaces chief after $1b write-off

ELIZA BAVIN  |  WEDNESDAY, 5 FEB 2020
... yet to be announced. The news comes after the construction company recorded a $1.8 billion loss, after exiting the Middle East market, blaming tough market conditions. CIMIC executive chair Marcelino Fernandez Verdes said Santamaria is a civil engineer ...

Perpetual to build US distribution

KANIKA SOOD  |  FRIDAY, 31 JAN 2020
... weeks," the company said in a statement. At the same time, it will extend its reach to key targets in Asia Pacific, the Middle East and into Europe under the leadership of head of global distribution Adam Quaife, the company said. Perpetual chief executive ...