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Showing 1 - 10 of 153 results for %22China Construction Bank%22

Macro environment trumps inflation for asset owners: Research

KARREN VERGARA  |  FRIDAY, 1 DEC 2023
... cutting back on government bonds and real estate. Some are upping stakes in emerging markets, with India preferred over China as an investment destination. The Future Fund, for example, changed its investment approach by moving away from traditional ...

CPI rises, IMF lowers global outlook

ANDREW MCKEAN  |  WEDNESDAY, 27 JUL 2022
... again less than the 1.9% forecast. "Annual CPI inflation increased 6.1% in the June quarter, due to higher dwelling construction costs and automotive fuel prices," the Australian Bureau of Statistics (ABS) said. Annual trimmed mean inflation, which excluded ...

Reserve Bank shocks with hawkish 50bp increase

ANDREW MCKEAN  |  TUESDAY, 7 JUN 2022
... policy support in response to broad-based inflation. There are also ongoing uncertainties related to Covid, especially in China." "Today's increase in interest rates by the Board is a further step in the withdrawal of the extraordinary monetary support ...

BlackRock secures licence to operate in China

KARREN VERGARA  |  MONDAY, 17 MAY 2021
... Regulatory Commission (CBIRC) has granted BlackRock CCB Wealth Management, which is owned by BlackRock (50.1%), China Construction Bank subsidiary CCB Wealth Management (40%), and Singapore investment firm Temasek, to begin operating in asset management. ...

Banks lose US$635 billion

ELIZA BAVIN  |  TUESDAY, 15 SEP 2020
... Many Chinese institutions made the list including, the Industrial & Commercial Bank of China (-27.65), China Construction Bank (-18.95) and the Agricultural Bank of China (-23.31%). Japanese banks also made a heavy presence with the Japan Post Bank (-19.18%) ...

Chief economist update: Australian recession - the next generation

BENJAMIN ONG  |  THURSDAY, 4 JUN 2020
... with the US (-1.3%), the Eurozone (-3.8%), Germany (-2.2%), France (-5.3%), Italy (-5.3), Japan (-0.9%), the UK (-2.0) and China (-9.8%). This justifies the Reserve Bank of Australia's (RBA) positive outlook for the domestic economy. "...it is possible ...

REITs resilient in face of virus: Principal

ELIZA BAVIN  |  FRIDAY, 13 MAR 2020
... but has now become a problem for retail shopping centres across Australia as coronavirus fears have risen," Yoong said. "China is Australia's biggest trading partner and we're already seeing an impact from the coronavirus on education and tourism. ...

Uncertainty remains for global outlook: TCorp

ELIZA BAVIN  |  THURSDAY, 30 JAN 2020
... four are from the US including US jobs growth, US earnings growth, US Federal Reserve easing monetary policy and the US/China Phase 2 Trade Deal. TCorp chief economist, Brian Redican, said while general market consensus is that global economic growth ...

Chief economist update: Iron ore on the up and up

BENJAMIN ONG  |  MONDAY, 1 JUL 2019
... iron ore exporter (Australia, which accounts for around 50% of total world iron ore exports) has the biggest oil importer (China, which buys more than 65% of total imports) to thank for this, and perhaps US President Donald Trump and his war on trade ...

Chief economist update: Time for an RBA shift to neutral

BENJAMIN ONG  |  MONDAY, 4 FEB 2019
... Add to these, the headwinds emanating from abroad - trade conflict, slowing growth in the global economy, particularly in China - Australia's biggest trading partner - and it would be easy for the RBA to justify a rate cut and soon - more so now ...
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