Powered by MOMENTUM MEDIA
investor daily logo

News

Unemployment jumps through June

16 July 2020 • By Lachlan Maddock • 1 min read

Unemployment jumps through June

Unemployment rose through June, but the latest data suggests the cloud might have a silver lining. Unemployment hit 7.4 per cent in June – up from ...

READ MORE
icon

‘We cannot be complacent’: Quarles

Markets could still see a return to the unprecedented volatility of March – and this time, central banks might not bail them out. In a letter to ...

READ MORE
icon

Sentiment slumps on second wave

The impressive gains in consumer sentiment have been wiped out by a second wave of COVID-19 cases and could be set to sink lower. The ...

READ MORE
icon

JPMorgan posts record revenue ahead of ‘moment of truth’

JPMorgan Chase has posted record revenue during the worst recession in a hundred years but warned that the economy would get worse before it gets ...

READ MORE
icon

J.P. Morgan launches ESG push

J.P. Morgan Asset Management has launched a new ESG strategy as it attempts to strengthen risk management and create “more stabled, enhanced financial ...

READ MORE
icon

ME Bank chief steps down

The chief executive of an industry fund-owned bank has resigned after coming under scrutiny last month for his institution’s handling of changes to ...

READ MORE
icon

COVID-19 recession on track for a quick recovery

China is leading the way to a COVID-19 recovery, which bodes well for metrics across the rest of the world. “China was the first country to emerge ...

READ MORE
icon

‘We are not out of the woods’

The IMF has warned that fiscal support will need to remain “supportive and flexible” until the economic recovery is assured despite massive levels of ...

READ MORE
icon

Corporate debt skyrockets

Corporate debt will soar by a record $1.45 trillion this year alone, and a looming deleveraging cycle may create a “once-in-a-decade event” for credit ...

READ MORE
icon

ScoMo has bet the future on Hong Kong

ScoMo has turned to Hong Kong to shape Australia’s economic recovery in a move that China has blasted as “gross interference”. The government has ...

READ MORE