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Showing 1311 - 1320 of 1439 results for "Recession"

Trouble at Threadneedle Street

BENJAMIN ONG  |  FRIDAY, 11 JUL 2008
... and tighten monetary policy rather than ease, the Bank of England (BoE) succumbed to the growing threat of an economic recession and kept its benchmark interest rate steady at 5 per cent. The BOE has cut interest rates three times after peaking at 5.75 ...

NZ economy goes negative

ALEX DUNNIN  |  MONDAY, 30 JUN 2008
... Kiwisaver and NZ Super, the land of the long white cloud has dipped into negative economic growth and looks set to fall into recession. "The New Zealand economy contracted during the first quarter of 2008, buckling under the pressure of tighter monetary ...

Loomis Sayles taps luxury goods and alt energy

MICHAEL HOBBS  |  FRIDAY, 20 JUN 2008
... economic slump. Mark Baribeau, Loomis Sayles vice president and portfolio manager, said the US economy would avoid a recession because of stable consumer expenditure and a solid export market. "Both consumer spending and exports are underpinning enough ...

Cracks appearing in Europe

ALEX DUNNIN  |  MONDAY, 16 JUN 2008
... economy. Leading indicators suggest slowing growth in the months ahead. Spain and Italy are both already slipping into recession. "The UK is in an even worse position than the euro area. The housing market is falling sharply, which - along with mounting ...

Market Wrap - Morning

AAP  |  FRIDAY, 30 MAY 2008
... sharp drop in oil soothed inflation fears, while an upward revision in a broad measure of US economic growth suggested a recession may be avoided for now. The Dow Jones industrial average ended up 52.19 points, or 0.41 percent, at 12,646.22. The Standard ...

Global equities to bounce 15pct

MICHAEL HOBBS  |  THURSDAY, 29 MAY 2008
... contracted to June 2007 levels and we are seeing a pick up in mortgage refinancing. "We believe the chance of a prolonged US recession receded in April and that while there is an outside chance that another equities down leg will eventuate, we give it ...

NAB and MLC make headway post sub-prime

MICHAEL HOBBS  |  MONDAY, 12 MAY 2008
... economic growth is expected to slow, sustained growth from China and India should enable the global economy to avoid recession. "Australian economic growth is also slowing, but the level of activity should stay solid as continued high commodity prices ...

US dollar slips after Federal Reserve cuts key interest rate

AAP  |  THURSDAY, 1 MAY 2008
... anticipated. Markets had also expected the Fed to signal a pause in its rate-cutting campaign to combat the growing threat of a recession - something today's statement did not clearly indicate. The 15-nation euro rose to $US1.5642 in late New York trading ...

Telstra Super eyes distressed debt

MICHAEL HOBBS  |  WEDNESDAY, 30 APR 2008
... of investment outcomes, said the amount of interest in distressed debt has raised in line with the likelihood of a US recession. "We've been looking at this area for a number of years and holding off [till] really about now when we see the likelihood ...

Market Wrap - Morning

AAP  |  TUESDAY, 15 APR 2008
... exporters such as Canon Inc and Sony Corp hit by the yen's strength and further evidence the United States may be in recession. The benchmark Nikkei average ended down 406.22 points at 12,917.51. HONG KONG - Shares tracked mainland Chinese losses to ...