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Coronavirus News

Chief economist update: Zero beyond 2023

BENJAMIN ONG  |  THURSDAY, 17 SEP 2020
The fed funds rate could remain at near zero beyond 2023.

ASX revises capital raising measures

ELIZA BAVIN  |  WEDNESDAY, 16 SEP 2020
The Australian Securities Exchange (ASX) has revised its temporary emergency capital raising measures that were put in place to assist companies during the COVID-19 crisis.

Chief economist update: China's post-pandemic economy

BENJAMIN ONG  |  WEDNESDAY, 16 SEP 2020
While the People's Bank of China remains on alert, recent activity stats are easing pressure on both China's fiscal and monetary authorities.

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.

Banks lose US$635 billion

ELIZA BAVIN  |  TUESDAY, 15 SEP 2020
Global banks have cumulatively lost around US$635.33 billion in market capitilisation between December 2019 and August 2020, according to research from Buy Shares.

Chief economist update: Prime Minister Suga

BENJAMIN ONG  |  TUESDAY, 15 SEP 2020
Prime Minister Suga has very big shoes to fill in Shinzo Abe who unexpectedly resigned on August 28 for health reasons.

Chief economist update: Global healing?

BENJAMIN ONG  |  MONDAY, 14 SEP 2020
Global economic activity has thawed from the deep freeze that plagued almost the entire planet earlier this year.

Chief economist update: ECB keeps it steady

BENJAMIN ONG  |  FRIDAY, 11 SEP 2020
This made sense given the positive tweak in the latest ECB staff macroeconomic projections for the single currency region.

Chief economist update: Australian pessimism eases

BENJAMIN ONG  |  THURSDAY, 10 SEP 2020
Just in time for the Southern Hemisphere spring season, latest surveys showed both business and consumer confidence in Australia springing back up.

Super funds to face parliamentary grilling

ELIZA BAVIN  |  WEDNESDAY, 9 SEP 2020
Some of the country's biggest super funds are set to face parliamentary scrutiny tomorrow as part of the House of Representatives Standing Committee on Economics ongoing review.