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26 March 2020 • By Lachlan Maddock • 1 min read

Financial giant pulls guidance

One of Australia’s major institutions has pulled its guidance amidst the coronavirus outbreak, saying the “uncertain environment” means it can’t ...

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Union slams big four bank branch closures

A big four bank has shut three of its branches during the coronavirus pandemic much to the ire of the finance union, citing a larger trend of ...

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US passes coronavirus relief

The multi-trillion dollar relief package includes billions for business bailouts and income support for Americans.  The S&P 500 and the ASX ...

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‘Time to start thinking about the post-crisis world’

Pent-up demand and fiscal stimulus could see the return of the bull market in a matter of months, but investors should be rethinking their assumptions ...

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‘No respite’ for oil and gas

Rolling global lockdowns will pummel the energy sector, with greater diversification needed if the industry is to survive the crisis. Travel ...

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‘Overstated’ stimulus won’t save the economy

An unprecedented policy response will only be enough to “partly offset” the economic damage of the coronavirus outbreak, according to new analysis ...

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Funds rush to raise sell spreads as liquidity evaporates

A number of fund managers have said that trading of credit has vaporised, with a new report capturing a range of managers recently raising the sell ...

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IMF to empty coffers

The IMF is prepared to unleash all of its lending capacity to rescue countries embroiled in a global recession that could be worse than the GFC

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Fed launches ‘QE infinity’

It’s to infinity and beyond as the US Federal Reserve announces unlimited asset purchases to support markets roiled by coronavirus panic and an oil ...

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Fund administrators retract earnings forecasts

Two fund administrators have withdrawn their full-year guidance as the effects of the coronavirus pandemic have cast uncertainty on their operations, ...

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