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Showing 1151 - 1160 of 2991 results for Benjamin Ong

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 30 JUN 2016
Australia new home sales The Housing Industry Association reported that sales of new homes fell by 4.4% to 7,278 units in the month of May following a 4.7% decline in the previous month. Sales of detached homes continued to contract - down by 6.7% in ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 29 JUN 2016
US GDP The Bureau of Economic Analysis' (BEA) third estimate of the US economy showed that real GDP grew at an annualised rate of 1.1% in the first quarter of this year. This is higher than market expectations for a 1.0% growth and an upgrade from the ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 28 JUN 2016
UK credit rating The Brexit fallout continues. Credit-rating agencies Standard & Poor's and Fitch Ratings have downgraded the United Kingdom's sovereign credit rating. Standard & Poor's lowered the UK's credit rating by two notches, from 'AAA' to 'AA' ...

Bremorsing and Bregretting Brexit

BENJAMIN ONG  |  MONDAY, 27 JUN 2016
Be careful what you wish for you might just get it. Events are still fluid, speculations still abound, but one thing is certain Brexiteers got what they wished for but recent reports suggest that the 51.9% who voted to say adieu to the EU now regret ...

Brexit - the Australian connection

BENJAMIN ONG  |  MONDAY, 27 JUN 2016
Just like almost all other equity markets around the world, Australia's stock market took a beating from the United Kingdom's unexpected vote to leave the European Union (EU) at the referendum held on 23 June 2016. The All Ordinaries index dropped by ...

Britons vote 'Adieu EU'

BENJAMIN ONG  |  MONDAY, 27 JUN 2016

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 24 JUN 2016
US flash manufacturing PMI The Markit flash US Manufacturing PMI shows factory activity improved to its highest in three months. The PMI rose to a preliminary reading of 51.4 in June from 50.7 in the previous month - better than expectations for a slight ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 23 JUN 2016
Australia leading index "Leading Index improves but still points to below trend momentum". This is the header of Westpac's media release on the latest update of the Westpac-Melbourne Institute Leading Index of Economic Activity. The index tracks future ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 22 JUN 2016
Australia residential property prices The weighted average of residential property prices in Australia's eight capital cities declined by 0.2% in the March quarter negating the 0.2% increase recorded in the previous quarter. The result is lower than ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 21 JUN 2016
Japan external trade Latest trade data out of Japan conflicts with the BOJ's outlook - noted at its policy meeting last week - for "moderate expanding trend" in the economy. Japan registered a ¥40.72 billion deficit in May. While this is an improvement ...