Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 81 - 90 of 93 results for pray

Of Jobs, Hu and Obama

BENJAMIN ONG  |  WEDNESDAY, 19 JAN 2011
... currency. But just as we've seen over the past few years, Beijing would only do so if it's in its own interest. America can ask, pray and beg until its turns blue but, this time, it cannot pressure a more powerful China to kowtow to its bidding. Perhaps ...

When everything went wrong

BENJAMIN ONG  |  WEDNESDAY, 24 NOV 2010
Pick your poison. There's a "Murphy's Law" event for every bear to choose from to shatter all hopes, prayers and wishes. Thanksgiving? No, thanks! As Mr. Murphy famously said, "If something can go wrong, it will!" It sure the heck did over the past ...

Waiting to exhale

BENJAMIN ONG  |  TUESDAY, 10 AUG 2010
Look ma, Uncle Ben's coming bearing more funny money tomorrow! More free money whoopee! Wall Street rose last night salivating over expectations that tonight's meeting of the Federal Open Market Committee (FOMC) would conclude with a kinder surprise ...

Bad news bears

BENJAMIN ONG  |  FRIDAY, 2 JUL 2010
Looks like the financial markets are not getting any reprieve from this month's instalment of economic data releases. You guessed it! It was another down day on Wall Street overnight as Murphy's Law made its presence felt. "If anything could go wrong ...

Great disappointment

BENJAMIN ONG  |  MONDAY, 7 JUN 2010
Ok, ok...there's no defending the indefensible, so I wouldn't even try. Now you know what happens when hype meets reality. The S&P 500 index plummeted by 3.44 per cent when "great expectations" on the US jobs front turned out to be a "great disappointment". ...

SuperChoice ups clearinghouse challenge

MICHELLE BALTAZAR  |  FRIDAY, 19 FEB 2010
... major improvement from what often happens in the past which is when the payroll officer might just transfer the money out and pray that everything reconciles properly, said Philip. In contrast, PayClear2 "validates" the information with the employer ...

It's all about China

BENJAMIN ONG  |  WEDNESDAY, 3 JUN 2009
The times...they really have changed. Will this be Generation Next's new economic order. I speak of course about the fast increasing dominance of China in the world stage. The Reserve Bank of Australia (RBA) kept interest rates unchanged at 3 per cent ...

Fresh mint

BENJAMIN ONG  |  THURSDAY, 19 MAR 2009
... markets (China?) that it will constantly monitor the 'size and composition' of its balance sheet. For our sake, we can only pray that the Fed knows what it is doing. There is no denying that the trillions of dollars poured into the global economic and ...

Riccardian equivalence redux

BENJAMIN ONG  |  WEDNESDAY, 25 FEB 2009
US President Barack Obama is bringing David Riccardo back from the dead. When the US unveiled its first bailout acronym - TARP -- for the financial sector TARP - last year, I wrote about a theory taught us budding economists called the 'Riccardian equivalence.' ...

Moral hazard on Main Street

BENJAMIN ONG  |  THURSDAY, 19 FEB 2009
... problem is, but for a miracle, there is no immdediate way out of this current predicament except to continue hacking away and pray that one day all this will be over. The exit strategy when all this is over will again involve pain. In the meantime, expect ...