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Showing 1231 - 1240 of 1439 results for "Recession"

Market Wrap - Midday

AAP  |  THURSDAY, 20 NOV 2008
... Mr Sekely said. "There's just no confidence in the resources sector because of the number of the countries going into recession around the world. "The weakness of the Aussie dollar helps them a little bit but demand cutbacks are of major concern." At ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 19 NOV 2008
... TOKYO - Japanese stocks retreated as another raft of gloomy economic and corporate news added to fears of a deep global recession. The benchmark Nikkei-225 index lost 194.17 points, or 2.28 per cent, to 8,328.41. HONG KONG - Hong Kong share prices closed ...

The best forecaster

BENJAMIN ONG  |  WEDNESDAY, 19 NOV 2008
... We know now that the yield curve inversion - long rates lower than short rates - was a portent of the present-day US recession (although this has yet to be dated). Data available to the Financial Standard Intelligence Unit (FSIU) revealed that an inversion ...

Main Street is burning

BENJAMIN ONG  |  TUESDAY, 18 NOV 2008
... of a contracting economy. Two of the biggest economies in the world - Japan and the Eurozone -- are now officially in recession. And while the National Bureau of Economic Research (NBER) Business Cycle Dating Committee still has to officially pronounce ...

Market Wrap - Morning

AAP  |  TUESDAY, 18 NOV 2008
... cent, to 1,502.59. LONDON - European stock markets closed sharply lower on Monday after more bad news, with Japan in recession and US banking giant Citigroup cutting 50,000 jobs globally. In London, the FTSE 100 index of leading shares was down 100.81 ...

All together now

BENJAMIN ONG  |  MONDAY, 17 NOV 2008
... revive growth in the world economy - fitting given this coincided with news that the Eurozone has officially fallen into recession - and deter a repeat of the current financial market mayhem that all are now experiencing. The G20 pledged a more macro ...

G20 to the rescue

BENJAMIN ONG  |  FRIDAY, 14 NOV 2008
... Exports Plunge on Global Slump, US Budget Deficit Swells to Record $237.2 Billion as Bank Stakes Bought, Germany Enters Recession After Economy Contracted 0.5% in Third Quarter, China's Industrial-Output Growth Slumps, Adding to Risk of Deeper Slowdown ...

Bail-out Plan B

BENJAMIN ONG  |  THURSDAY, 13 NOV 2008
... to plummet. The reflationary fiscal and monetary policies by the US authorities may have limited the severity of the recession, but economic growth will continue to contract in the months to come and with it pain. Not only for the US but also for the ...

The good oil

BENJAMIN ONG  |  WEDNESDAY, 12 NOV 2008
... reached on 11 July 2008. It has since traded below US$60. The increasing likelihood for a synchronized global economic recession has put downward pressure on the oil price. The signal from the Organisation for Economic Cooperation and Development (OECD) ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 12 NOV 2008
... Australian stock market closed 3.58 per cent lower, sharply reversing its gains of yesterday, as renewed fears of global recession and a domestic slowdown weighed on the local bourse. The benchmark S&P/ASX200 index was 146.9 points, or 3.58 per cent ...