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Showing 991 - 1000 of 2520 results for "Central Bank"

We've got the power and firepower (still)

BENJAMIN ONG  |  MONDAY, 14 MAR 2016
... anticipate that it will be necessary to reduce further rates." - negated initial positive response to the European Central Bank's (ECB) announcement of more stimulus measures, this proved temporary with the Euro Stoxx 50 surging by 3.5% on Friday last ...

ING DIRECT director to join global parent

DARREN SNYDER  |  FRIDAY, 11 MAR 2016
... been a director of ING DIRECT Australia since 2011. The proposed appointment is subject to approval by the European Central Bank (ECB), and Sherry said she's delighted to be recommended for appointment. "The global banking industry is changing rapidly ...

Four bazookas and a phrase

BENJAMIN ONG  |  FRIDAY, 11 MAR 2016
... Of course, new facts can change the outlook. That is what I said at the beginning and I will say it again now." No central bank sets out policy today and hope that it fails so it'll have to do more tomorrow, is there? Of course... not! However, today's ...

Western AM says credit to be positive in 2016

DARREN SNYDER  |  THURSDAY, 10 MAR 2016
Western Asset Management believes 2016 will be a positive year for credit investors because it is a compelling investment in the current economic climate. The global fixed income manager's deputy chief investment officer, Michael Buchanan, said in a ...

RBNZ cuts rates, biased towards further easing

BENJAMIN ONG  |  THURSDAY, 10 MAR 2016
... (RBNZ) cut the official cash rate by 25 basis points to 2.25% contrary to consensus expectations that the New Zealand central bank will keep interest rates unchanged after this morning's board meeting. In its monetary policy statement, the RBNZ explained ...

Market confidence marches in March

BENJAMIN ONG  |  MONDAY, 7 MAR 2016
"Do you know where you're going to... Where are you going to Do you know?" - Diana Ross, 'Theme from Mahogany" Last week was another good week for equity markets with most major benchmark indices finishing with green lights blinking brightly. Has the ...

Crouching services, contracting manufacturing

BENJAMIN ONG  |  WEDNESDAY, 2 MAR 2016
... February 2015, followed up with a reduction in its benchmark lending rate from 5.6% to 5.35% in March and so on. China's central bank cut the RRR four times in 2015 taking it down from 20% to 17.5% by end-December. It cut interest rates five times from ...

A "chilling" moment for the RBA

BENJAMIN ONG  |  MONDAY, 29 FEB 2016
In case you missed it, finance and central bank head honchos of the Group of 20 (G-20) met over the weekend in Shanghai. But you may as well have (missed it, that is) for it was more of the same - promised-filled and action-short. In its communique ...

Bad news on global activity and prices is the good news

BENJAMIN ONG  |  TUESDAY, 23 FEB 2016
Global economy heading towards contraction, that's the good news A bounce from oversold conditions, short-covering rally, cheapened valuation, or another jump on the price of oil which is a positive for energy companies (and the banks that lent to them) ...

A negative sum game

BENJAMIN ONG  |  MONDAY, 22 FEB 2016
Last week was a happy one for equity markets with most benchmark indices registering sharp gains at the end of five days of trade. Is it now safe to go back in the waters? Or a dead cat bounce? It happened not so long ago, you know -- when the rebound ...