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Showing 91 - 100 of 295 results for "Tax cuts"

Chief economist update: China stitches it in time

BENJAMIN ONG  |  TUESDAY, 2 APR 2019
... March this year, FactSet said: "Budget deficit target raised to 2.8% from 2.6% last year with CNY2.0T [US$298 billion] in tax cuts announced, including a 3% cut to top bracket VAT rate. Raised local government special bond issuance to CNY2.15T from CNY1.3T ...

Trump will continue to buoy stock markets: Poll

KARREN VERGARA  |  MONDAY, 1 APR 2019
... "Trump Bump" is having a remarkable effect on stock performance. But it's not that straightforward, it said, noting the tax cuts Trump supported has been a boon for some of the biggest companies on the stock exchange, like Amazon and Apple. This week ...

Chief economist update: A capitalist in communist clothes

BENJAMIN ONG  |  WEDNESDAY, 6 MAR 2019
... Factset for this synopsis: "Budget deficit target raised to 2.8% from 2.6% last year with CNY2.0T [US$298 billion] in tax cuts announced, including a 3% cut to top bracket VAT rate. "Raised local government special bond issuance to CNY2.15T from CNY1.3T ...

Chief economist update: Trump trumps Fed

BENJAMIN ONG  |  TUESDAY, 29 JAN 2019
... Trump's unpredictability. Case in point, the Fed was on its way towards normalising monetary policy aided by Trump's tax cuts and infrastructure spending that, in turn, was expected to bump up global growth and support developed country central ...

Chief economist update: US consumer sentiment cops bullet

BENJAMIN ONG  |  MONDAY, 21 JAN 2019
... 12% contribution). Sure, the continued strength in the US labour market and the boost to personal income (due to the tax cuts) should provide US consumers the wherewithal to keep on shopping. That, or as Richard Curtin declares, US consumers "now sense ...

Chief economist update: Crude oil to the rescue

BENJAMIN ONG  |  THURSDAY, 17 JAN 2019
... markets, most of which are largely oil-dependent. Lower oil prices are, net-net, positive for growth. They are de facto tax cuts or interest rate reductions in that they raise household disposable income that, in turn, lifts consumer spending and by ...

Chief economist update: Another year over, a new one begins

BENJAMIN ONG  |  MONDAY, 7 JAN 2019
... release around 800 billion yuan (US$117 billion) of liquidity, as well as, boosting counter-cyclical policies such as tax cuts, fee reductions and further decreases in the RRR. Seen in this light, Trump has already won the war against China. More so ...

Final call for 2019 Chief Economists Forum

DARREN SNYDER  |  WEDNESDAY, 19 DEC 2018
... the microeconomic level. Developments such as trade, increased infrastructure investment, increased bond issuance and tax cuts will take longer to impact Chinese consumers and the wider economy. The final factor is the consideration of whether emerging ...

Chief economist update: Tariff man takes Wall Street down

BENJAMIN ONG  |  WEDNESDAY, 5 DEC 2018
... to "Make America Great Again", the more the Fed becomes determined to reduce/remove policy accommodation. Trump's tax cuts and infrastructure spend has given extra oomph to the US economy. Ones, that the Fed is trying to hose down by virtue of its ...

Chief economist update: The money is one Fed rate hike next year

BENJAMIN ONG  |  MONDAY, 19 NOV 2018
... from the major economies of China, the Eurozone and Japan clearly show the loss of growth momentum there. Trump's tax cuts and fiscal spending would not provide the oomph it generated this year, unless he doubles up on these. And... we have yet to ...