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

Search Results

Showing 1231 - 1240 of 1272 results for "UPS"

Former IMF chief economist tips 4.75% global growth in 2004

AAP  |  FRIDAY, 2 APR 2004
Asia and the United States will propel the world economy to the fastest growth pace in a generation in 2004, former IMF chief economist Michael Mussa predicted Thursday. Western Europe would lag, but most of the rest of the world would join the 2004 ...

Fed leaves US rates unchanged, pledges patience

AAP  |  WEDNESDAY, 17 MAR 2004
The US Federal Reserve opted today to keep interest rates at 1958 lows and signalled it was in no hurry to raise borrowing costs with job creation so sluggish and inflation tame. The unanimous decision by the rate-setting Federal Open Market Committee ...

Inflation likely to decline further over coming year: RBA

Inflation is expected to fall in 2004 before rising again the following year, the Reserve Bank of Australia (RBA) said today. "Inflation is likely to decline further over the coming year, and could fall as low as 1.5 per cent, before returning to around ...

Macquarie Bank benefits with volume lift from NAB scandal

AAP  |  FRIDAY, 6 FEB 2004
Macquarie Bank is benefitting from a lift in volume in foreign exchange trading after the rogue dealing scandal that rocked National Australia Bank Shares in the investment bank surged 2.8% yesterday as Macquarie raised its expectations for second half ...

US Federal Reserve holds key short-term rate at 1%

AAP  |  THURSDAY, 29 JAN 2004
The Federal Reserve, not wanting to upset the economic recovery, held a main short-term interest rate at a 45-year low today. Wrapping up a two-day meeting - the first regularly scheduled session of the year - Fed chairman Alan Greenspan and his colleagues ...

Jobs figures strengthen expectations of further rate hike

AAP  |  FRIDAY, 16 JAN 2004
Better-than-expected jobs growth in December strengthened expectations of a further rate hike next month as figures showed unemployment remained at 14-year lows. Treasurer Peter Costello said the December jobless rate of 5.6%, the same as November ...

Morning Market Wrap: $A opens weaker after US dollar strengthens

The Australian dollar opened weaker today after the battered US dollar found some impetus on better-than-expected unemployment figures overnight. At 0700 AEDT the Australian dollar was trading at $US0.7398/03 compared with yesterday's close of 0.7417/22. ...

Economists expect 1.3 per cent GDP growth in September quarter

Strong household consumption is expected to have quickened the pace of economic growth in Australia in the three months to September as the economy rebounds from a soft patch in the June quarter. The AAP economic indicator for December showed gross ...

Economic recovery on track: OECD chief economist

The Organisation of Economic Cooperation and Development (OECD) chief economist Jean-Philippe Cotis has said that a palpable recovery has finally taken hold across the OECD. He said the strong momentum already achieved in Asia, North America and the ...

Macquarie launches property syndicate for east coast investors

Macquarie Direct Property has launched a new commercial property syndicate that offers investors geographic and market diversity through a portfolio of major properties along the eastern seaboard of Australia. The five properties, in the prime CBD markets ...