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

Search Results

Showing 101 - 110 of 2062 results for %22Bank of China%22

Chief economist update: This rebound is brought to you by the letter V

BENJAMIN ONG  |  MONDAY, 29 JUN 2020
... to... not much. The reopening of businesses and the relaxation of social restrictions has re-started the motor of commerce. China led the way, it was the first to shut down and the first to ease restrictions. But it was the Eurozone that suffered the ...

Chief economist update: COVID-19 takes second crack at China

BENJAMIN ONG  |  TUESDAY, 16 JUN 2020
... inhabitants of Wuhan in Hubei province in early February. This is at the same time that the Chinese government and the People's Bank of China (PBOC) were rolling out stimulus measures (and continue to do so). China's draconian measures enabled ...

Chief economist update: Equity market disconnect

BENJAMIN ONG  |  WEDNESDAY, 10 JUN 2020
... doesn't mean that it'll be smooth sailing from here. In its June 2020 'Global Economic Prospects' report, the World Bank (WB) sees world GDP growth dropping from an estimated +2.4% in 2019 to -5.2% this year (a sharp 7.7 percentage point ...

Chief economist update: Australian recession - the next generation

BENJAMIN ONG  |  THURSDAY, 4 JUN 2020
... Germany (-2.2%), France (-5.3%), Italy (-5.3), Japan (-0.9%), the UK (-2.0) and China (-9.8%). This justifies the Reserve Bank of Australia's (RBA) positive outlook for the domestic economy. "...it is possible that the depth of the downturn will ...

Chief economist update: What to expect when you're expecting

BENJAMIN ONG  |  TUESDAY, 2 JUN 2020
The Reserve Bank of Australia's (RBA) policy decision - to be announced this afternoon - will only confirm what everyone already is expecting. RBA Governor Philip Lowe and his board will keep Australia's monetary policy settings unchanged - ...

Chief economist update: Better than all the rest

BENJAMIN ONG  |  FRIDAY, 29 MAY 2020
... A great many, if not all Australians, would have had this Tina Turner classic playing in their heads listening to Reserve Bank of Australia (RBA) governor Philip Lowe's remarks before the Senate Select Committee on COVID-19. Straight from the governor's ...

Is the worst yet to come?

ELIZA BAVIN  |  THURSDAY, 28 MAY 2020
... believes are pretty significant. "Australia, to some extent, is caught in the middle of a much bigger story between the US and China," he said. "I think, as the COVID crisis has indicated, things that we think are very low probability can actually happen ...

The future is fast arriving: BlackRock

ALLY SELBY  |  WEDNESDAY, 27 MAY 2020
... higher expected returns just as DM bond yields have hit record low levels, and diversification in a world of increasing US-China de-coupling," it said. It also believes that over the near-term Asian ex-Japan equities were likely to outperform, with China ...

Chief economist update: Hong Kong is ours

BENJAMIN ONG  |  MONDAY, 25 MAY 2020
... with strong US condemnation." This puts into question the "phase one" trade deal between Washington and Beijing. This time, China appears to be in a better bargaining position due to its early success at containing coronavirus infections at the same ...

Chief economist update: Australia needs China more than it needs us

BENJAMIN ONG  |  FRIDAY, 22 MAY 2020
... economy in the world... is a big no no... NO. More so if that country (China) buys 34.7% of your exports (based on World Bank figures) that roughly equates to what Australia sells to Japan (16.4%), South Korea (7.0%), India (4.9%), US (3.8%), and Singapore ...