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Showing 31 - 40 of 188 results for %22Mark Spring%22

Pension pots around the world during COVID-19

KANIKA SOOD  |  THURSDAY, 16 APR 2020
Governments around the world are springing into action to leverage and safeguard pension pots during the COVID-19 economic and market turmoil. Australia in March allowed workers to withdraw $10,000 for this financial year and the next from their superannuation ...

COVID-19 damage to stretch several quarters: Natixis IM

ALLY SELBY  |  TUESDAY, 14 APR 2020
... ticking," Lafferty said. "It's hard to imagine the European economy, running at barely 1.5% growth pre-virus, emerging from the spring lockdown unscathed." Natixis believes the economic recovery will be U-shaped over the long term. "There is likely to ...

Chief economist update: Different contagion, same fiscal policy divide

BENJAMIN ONG  |  MONDAY, 6 APR 2020
... the country has reported its lowest daily death toll in a week. Hope for the best... Certainly, a swallow doesn't a spring make but these early signs that these nations are getting the spread of the virus under control should help restore optimism... ...

deVere launches global contactless advice offering

HARRISON WORLEY  |  WEDNESDAY, 18 MAR 2020
... ongoing volatility in financial markets will need attention, given "perhaps once-in-a-generation" buying opportunities would spring forth. "Against this backdrop, in order to create, build-up and safeguard their wealth as the world adapts to a new era ...

Chief economist update: Chinese green shoots?

BENJAMIN ONG  |  MONDAY, 2 DEC 2019
... trillion yuan of infrastructure projects to reverse slowing economic growth. Or is this another one swallow that doesn't a spring make? To be sure, other indicators point to continued weakening in the Chinese economy. Retail sales increased by 7.2% ...

Chief economist update: Foolish takeaway on US-China talks

BENJAMIN ONG  |  FRIDAY, 6 SEP 2019
"There's an old saying in Tennessee - I know it's in Texas, probably in Tennessee - that says, fool me once, shame on -- shame on you. Fool me -- you can't get fooled again." - former US President George W. Bush, Nashville, Tenn., 17 September ...

Chief economist update: The hazard of being a safe haven

BENJAMIN ONG  |  WEDNESDAY, 21 AUG 2019
... current extremely low levels of short and long-term interest rates for an extended period of time, at least through around spring 2020" while at the same time stating that: "The bank will not hesitate to take additional easing measures if there is a ...

Chief economist update: BOE going the wrong way?

BENJAMIN ONG  |  TUESDAY, 11 JUN 2019
... rise in rates would be prudent to nip any inflationary risks in the bud" and, more importantly, consistent with BOE governor Mark Carney's statement that, "were the economy to develop broadly in line with its Inflation Report projections, an ongoing ...

Life insurers post strong March quarter

KANIKA SOOD  |  FRIDAY, 31 MAY 2019
Latest APRA life insurance stats show the life insurance industry turned a $536 million net profit after tax in the first three months of 2019 after a loss-making December quarter, but full-year results are still bleak. The industry reported a net profit ...

Chief economist update: Not spring yet in the Eurozone

BENJAMIN ONG  |  MONDAY, 6 MAY 2019
Green shoots are appearing in the Eurozone just in time for spring. Eurostat reports its preliminary estimates show the single-currency region's GDP increased by 0.4% in the March 2019 quarter - better than market expectations for a 0.3% gain - ...