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25 February 2020 • By Lachlan Maddock • 1 min read

Coronavirus heightens recession risk

COVID-19 is making a rate cut in March substantially more likely and a recession could be on its way, according to AMP Capital. Australia is likely ...

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MyState bumps up profit with wealth revamp

MyState’s profit has elevated by 5.4 per cent for the half year, with the company anticipating the launch of its new funds platform will propel its ...

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Worry about ‘carbon footpath’, not footprint: AXA

Investors should be carefully considering rapid climate-based divestments, with point-in-time decisions causing unintended consequences for portfolio ...

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BlueScope profits tumble

BlueScope profits have taken a massive hit off the back of weaker steel prices, and warned that their China business will be “heavily impacted” by the ...

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HSBC commences overhaul as profit shrinks

A reported 35,000 jobs are to be shed at HSBC in the next three years, as part of a group-wide restructuring, after the company’s profit plummeted in ...

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Global growth ‘fragile’: IMF

Global growth is bottoming out but the projected recovery of the world’s developed economies remains uncertain, according to data from the IMF

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OneVue sells Sargon’s Sequoia stake, Madison next

OneVue has sold Sargon Capital’s shares in Sequoia Financial Group for $4.36 million, with its next priority being to cast off the troubled group’s ...

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Perpetual profit dragged by investors fleeing Aus equities

Perpetual’s profit has fallen with lower performance revenue and $1.5 billion in net outflows escaping its investments business, predominantly moving ...

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Do small caps get a bad rap?

Global small caps are supposed to be more volatile than their large-cap cousins. But do the positives of an expansive investment universe and greater ...

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Chi-X adds blue-chip giants

Upstart stock exchange Chi-X has unveiled a new tranche of US-listed blue-chip companies available through its transferable custody receipts (TraCRs)

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