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Showing 1 - 10 of 75 results for "New York time"

Making a splash: The economic impact of AUKUS

KARREN VERGARA  |  WEDNESDAY, 23 OCT 2024
The controversial $370 billion pact between the US, Australia, and the UK, or 'AUKUS', is being sold as a boon for the economy and nation-building exercise that will amplify defence capabilities and strengthen regional security. But is it all ...

Pension fund sues Elon Musk, Twitter

JAMIE WILLIAMSON  |  MONDAY, 9 MAY 2022
A Florida pension fund is suing Twitter and Elon Musk over the latter's planned takeover of the social media platform. The Orlando Police Pension Fund filed a class action in the Delaware chancery court on Friday, alleging that Delaware law forbade ...

Chief economist update: A delicate balancing act

BENJAMIN ONG  |  FRIDAY, 4 JUN 2021
"The demand picture has shown clear signs of improvement." So declared Saudi Arabia's oil minister Prince Abdulaziz bin Salman as the OPEC+ group of oil producing nations met and decided to gradually increase oil production in July. The OPEC+'s ...

Chief economist update: USA Inc is under new management

BENJAMIN ONG  |  THURSDAY, 21 JAN 2021
Joggin' Joe hits the ground running. Not soon after he was sworn in as the 46th President of the United States of America, Joe Biden rolled up his sleeves and went to work. Hours after his inauguration, Biden signed 17 executive orders, memorandums ...

Crypto fortune hinges on forgotten password

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 JAN 2021
A Bitcoin portfolio worth approximately $280 million could be lost forever, as its owner struggles to remember his password. Stefan Thomas, a developer based in San Francisco, remains unable to access his Bitcoin wallet. He said the incident is "a painful ...

Chief economist update: UK's winter of discontent

BENJAMIN ONG  |  FRIDAY, 25 SEP 2020
"We had joy, we had fun We had seasons in the sun..." -Terry Jacks, 'Seasons in the Sun' The Brits certainly did. Just in time for summer, Prime Minister Boris Johnson declared on 30 April that the UK is "past its peak" of infections, published ...

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 ...

China vaccinates against corona

BENJAMIN ONG  |  MONDAY, 24 FEB 2020
Weekend reports that COVID-19 is not only multiplying but infecting more countries sent financial markets back. According to Al Jazeera, a total of 76,288 cases and 2345 deaths have been reported in mainland China as at February 21 - there'll be ...

Coronavirus in, climate change out: Costello, deVere

ALLY SELBY  |  TUESDAY, 28 JAN 2020
With the death toll surpassing 132 and a further 6000 people suspected of being infected, the outbreak of the Wuhan coronavirus has left markets tumbling as fears of an epidemic are stoked by news of the virus spreading around the world. It's caused ...

Industry fund publicly shames investment adviser

ELIZABETH MCARTHUR  |  MONDAY, 9 DEC 2019
A $3.3 billion industry superannuation fund revealed it has put an investment adviser on watch in relation to ESG concerns. First Super said Orbis Investment Advisory is on watch due to its approximately 23% holding in XPO Logistics. XPO Logistics is ...
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