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

Search Results

Showing 101 - 110 of 423 results for "Steel"

Chief economist update: The colour of Beige

BENJAMIN ONG  |  THURSDAY, 19 APR 2018
... shortages in high skill positions. But perhaps not for long. The "book" reveals that "there were widespread reports that steel prices rose, sometimes dramatically, due to the new tariff." "Prices for building materials continued to rise briskly, especially ...

Chief economist update: No target sign on India's back

BENJAMIN ONG  |  MONDAY, 9 APR 2018
... US than it imports (US$22.9 billion worth in 2017 or just around 6.0% of China's trade surplus with the US) but India's steel and aluminium exports account for only 4% and 1.0% of its total exports, respectively, as at 2017. Tariff increase away! This ...

Chief economist update: Japan's other war

BENJAMIN ONG  |  THURSDAY, 5 APR 2018
... is because Japan wants to keep "good relations with Trump" (keeping the enemy closer) and that it is confident that its steel exports can win tariff exemptions. About 80% of Japan's 38 million tonnes in steel exports "went to Asia, dwarfing the US market ...

Chief economist update: The survey says...

BENJAMIN ONG  |  THURSDAY, 29 MAR 2018
... charges." The survey data was collected on 5-22 February - before Trump's announced, and later implemented, tariff increases on steel and aluminium. Download The Good Economics Guide: Making sense of key economic data Depending on one's proclivity, the ...

Chief economist update: It's not just the trade war

BENJAMIN ONG  |  MONDAY, 26 MAR 2018
... space many, many times before, "war is good for absolutely nothing." This made sense because a day before Trump's 25/10 steel/aluminium tariff took effect on the 23 March, POTUS announced that the White House would be imposing a 25% tariff on around ...

Chief economist update: Dot tales

BENJAMIN ONG  |  THURSDAY, 22 MAR 2018
... mice and men often go awry." While Fed chief Powell noted that the potential for a trade war - sparked by Trump's tariff on steel and aluminium - has not been factored into the Fed's economic outlook, he did reveal that, "Our FOMC participants reported ...

NAB launches super virtual assistant

KARREN VERGARA  |  FRIDAY, 16 MAR 2018
... about 60,000 consumer banking questions. Ceba's point of difference, according to CBA executive general manager digital Pete Steel, is that it can actually carry out tasks for customers, rather than providing instructions on how they can be done. NASDAQ-listed ...

Chief economist update: She'll be right, mate!

BENJAMIN ONG  |  THURSDAY, 15 MAR 2018
... years", which possibly reflects concern over an ensuing global trade war following Trump's tariff increase announcement on steel and aluminium. Still, five years is a long, long time. Domestic and international economic conditions will change... for ...

Tariff exemption a sigh of relief: Poll

KARREN VERGARA  |  MONDAY, 12 MAR 2018
Directly subjecting Australia to US President Donald Trump's proposed steel and aluminium tariffs would have been dire for the country's resources sector, according to more than half (63%) of respondents in Financial Standard 's weekly spot poll. Australia ...

Chief economist update: The art of the deal exemplified

BENJAMIN ONG  |  FRIDAY, 9 MAR 2018
... did what he promised he would. "Today I'm defending America's national security by placing tariffs on foreign imports of steel and aluminium...we will have a 25% tariff on foreign steel and a 10% tariff on foreign aluminium when the product comes across ...