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

Search Results

Showing 101 - 110 of 731 results for "coronavirus"

Chief economist update: Eurozone at risk of double-dip

BENJAMIN ONG  |  MONDAY, 18 JAN 2021
The longer the Eurozone takes to get on top of the resurgence, the longer the lockdowns, the greater the risk of a double-dip recession. COVID-19 infections in Europe started re-appearing and multiplying sometime around October last year. The growth ...

Chief economist update: Yuan the victim of China's success

BENJAMIN ONG  |  FRIDAY, 15 JAN 2021
... Compared with other nations around the globe, the Politburo's swift, decisive and draconian measures to control the coronavirus outbreak have prevented the economy from suffering a recession that most other economies did or are still under. After ...

Chief economist update: China on my mind

BENJAMIN ONG  |  THURSDAY, 14 JAN 2021
... respectively, over the same period. However, the local bourse's performance when looked at in the context of the coronavirus pandemic that witnessed a virtual freezing of domestic and international activity - due to disruptions in supply chains ...

Chief economist update: COVID with a vengeance

BENJAMIN ONG  |  WEDNESDAY, 13 JAN 2021
... UK Prime Minister Boris Johnson on 30 December 2020 has dried, Britain's already battling a fresh outbreak of coronavirus infections. The third wave is much worse. Worldometers.info data show daily new cases of infections have reached 60,000 persons ...

Chief economist update: The virus, the vaccine, the variant

BENJAMIN ONG  |  TUESDAY, 12 JAN 2021
... equity markets. Punctuated by the roll-out of vaccines towards the dying days of 2020. All looked swell... until the coronavirus variant that was first spotted in the UK and in South Africa. It's reportedly less deadly but more infectious and has ...

Chief economist update: No pandemic on Wall Street

BENJAMIN ONG  |  MONDAY, 11 JAN 2021
... Industrial Average closed 2020 at record highs despite the US topping the list of countries with most total cases of coronavirus infections (21.3 million or roughly 25% of the world's total), new cases (154,000) and total deaths (362,000). The S&P500 ...

Super fund targets homegrown opportunities

KARREN VERGARA  |  FRIDAY, 1 JAN 2021
The coronavirus pandemic is a boon for the localisation of Australian businesses that will create investment opportunities and jobs growth, two superannuation fund experts predict. Statewide Super chief executive Tony D'Alessandro and chief investment ...

APRA hands down self-assessment report

KARREN VERGARA  |  MONDAY, 21 DEC 2020
... acknowledged there is still room for improvement. A number of stakeholders have also commended APRA's response to the coronavirus pandemic in the recently released 2019-20 Performance Framework Report. One area highlighted was APRA putting on hold many ...

Chief economist update: Government spending made money, saved money

BENJAMIN ONG  |  FRIDAY, 18 DEC 2020
The Morrison government has released its Mid-Year Economic Financial Outlook (MYEFO), proving the old saying 'You must spend money to make money' right. This quote, generally attributed to Roman playwright, poet and philosopher Titus Maccius ...

Household wealth hits record high

ELIZA BAVIN  |  THURSDAY, 17 DEC 2020
The COVID-19 pandemic has led to household wealth hitting a record high as Australians stashed their cash during a year plagued with volatile markets and an economic shutdown. Total household wealth increased 1.7% to a record high of $11.35 trillion ...