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

Search Results

Showing 101 - 110 of 1265 results for "US DOL"

Chief economist update: The yen to dictate if BOJ turns words into action

BENJAMIN ONG  |  THURSDAY, 7 NOV 2019
"Actions speak louder than words." That may be so but it appears that this generally accepted truism does not apply to the Bank of Japan (BOJ). The Japanese central bank has kept monetary on hold since it introduced quantitative and qualitative easing ...

Chief economist update: It's the money, stupid

BENJAMIN ONG  |  TUESDAY, 29 OCT 2019
Extra, extra, read all about it! The S&P 500 index closed at a new all-time high overnight underpinned by bullish headlines that include: positive US-China trade talks; near-certainty of another Fed rate cut at its October FOMC meeting and the latest ...

One in three chance of global recession: Aviva

ELIZA BAVIN  |  MONDAY, 14 OCT 2019
Aviva Investors has warned of a one in three chance of a global recession next year, saying the trade and manufacturing sector is already at recessionary levels. The global asset manager outlines in its report that it expects global growth to remain ...

Chief economist update: When QE is not QE

BENJAMIN ONG  |  MONDAY, 14 OCT 2019
If it walks like a duck and quacks like a duck, is it a duck? It is not, according to the US Federal Reserve. On October 11, the Fed issued a press release explaining its plan to buy Treasury bills at "an initial pace of approximately $60 billion per ...

Chief economist update: Are capital markets the next Sino-US battleground?

BENJAMIN ONG  |  MONDAY, 30 SEP 2019
US president Donald Trump might be thinking that it's a small price to pay - sending the US equity market down - in return for his broader objective of getting China to wave the white flag in this seemingly never-ending trade battle. US benchmark ...

Chief economist update: China's great leap forward 70 years in the making

BENJAMIN ONG  |  FRIDAY, 27 SEP 2019
China's come a long way, baby! 1 October 2019 marks the 70th anniversary of the founding of the People's Republic of China. The Politburo has much to celebrate and boast about. It didn't happen overnight, but it did happen. Chairman Mao ...

Chief economist update: The BOJ needs to run faster to stay in the running

BENJAMIN ONG  |  MONDAY, 23 SEP 2019
"Now, here, you see, it takes all the running you can do, to keep in the same place. If you want to get somewhere else, you must run at least twice as fast as that!" - Lewis Carroll's 'Through the Looking-Glass' The "Red Queen" in the novel ...

Chief economist update: Future path of fed funds rate

BENJAMIN ONG  |  THURSDAY, 19 SEP 2019
Two down, none to go! There was division at the Fed - one official wanted a 50 bps rate cut; two wanted the target rate maintained - but after all was said and done, they were outvoted by the majority of seven (led by Fed chair Powell) which didn't ...

Chief economist update: Fed future move depends on dollar direction

BENJAMIN ONG  |  MONDAY, 16 SEP 2019
Freeze frame. Financial markets the world over would be in a sort of suspended animation as they await the conclusion of the US Federal Reserve's September FOMC meeting. This time, there's no "will they, won't they" question to be answered ...

Aussie super funds drop in world rankings

HARRISON WORLEY  |  TUESDAY, 3 SEP 2019
Australia's superannuation funds have dropped in the global ranking of the world's largest pension funds. According to Willis Towers Watson's latest Thinking Ahead Institute/Pensions and Investments World 300 report, Australia's super ...