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Showing 71 - 80 of 3658 results for "Wall Street"

Volcker Rule tweak gets green light

KANIKA SOOD  |  THURSDAY, 10 OCT 2019
Post-GFC legislation that stopped big Wall Street banks from using their customers' money to invest in risky trades has seen a revision that could relax some of the restrictions. On October 8, five United Stated agencies approved the changes to the ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  FRIDAY, 4 OCT 2019
... Great Recession of 2008, has become a staple and go to rationale each time equity markets jump on bad news. Bad news! Wall Street dropped - Dow down by 1.9%, S&P 500 down by 1.8%, Nasdaq down by 1.6%, Russell 2000 down by 0.9% -- on October 2 on the ...

Chief economist update: Fed has Trump's trade war number

BENJAMIN ONG  |  MONDAY, 9 SEP 2019
... Fed research puts numbers in Financial Standard 's claim that it's Trump's tariff war, stupid and the Wall Street Journal 's piece, Cut the Trump Uncertainty Tax... His best stimulus policy would be to end his tariff campaign.

Chief economist update: Trump should read Frank

BENJAMIN ONG  |  MONDAY, 26 AUG 2019
Houston, we have a problem - a gigantic one! Talk about spoiling everybody's weekend. Wall Street fell sharply at the close of last week's trading. Was it due to disappointment over US Fed chair Jerome Powell's much-anticipated words at ...

Chief economist update: Jerome is in the Hole

BENJAMIN ONG  |  FRIDAY, 23 AUG 2019
... expectations of US recession. Powell could use his Jackson Hole speech to put the onus back on Trump and echo the Wall Street Journal's words: "Cut the Trump Uncertainty Tax...His best stimulus policy would be to end his tariff campaign."

Charles Schwab reverses out of Australia again

KANIKA SOOD  |  MONDAY, 19 AUG 2019
... conditions and sluggish progress in meeting its financial goals, with pre tax charges totaling US $35 million, according to Wall Street Journal. At the time, TD Waterhouse Investor Services was reported as having agreed to buy Charles Schwab Australia's ...

Chief economist update: US recession a sure thing

BENJAMIN ONG  |  MONDAY, 19 AUG 2019
... negative spread between the yield on 10-year and two-year US Treasuries - of the past week have eased (for now), sending Wall Street on a rebound on the last day of last week's trading. Wall Street's bounce back was retro-fitted with positive ...

Chief economist update: Will Australia avoid another global recession?

BENJAMIN ONG  |  FRIDAY, 16 AUG 2019
... "R" contingency. The Fed's mulling negative interest rates; the ECB's forward-guiding, according to the 'Wall Street Journal', "a package of stimulus measures at its next policy meeting in September that should exceed investors' expectations" ...

Deutsche chief to buy shares amid turmoil

ELIZABETH MCARTHUR  |  TUESDAY, 9 JUL 2019
... about execution." Eigendorf asked whether the bank exiting global equities and making the cuts means a farewell to Wall Street for Deutsche, but Sewing was adamant that isn't the case. "We want to put the resources where we can win... and we will do ...

Chief economist update: Australia needs a cheaper A$

BENJAMIN ONG  |  TUESDAY, 9 JUL 2019
If it were posted on Facebook, Wall Street would have "unliked" the strong US non-farm payrolls report for June - up a bigger-than-expected 224,000 from 72,000 in May. Meanwhile, the unemployment rate ticked up to 3.7% from 3.6% in May, remains near ...