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Showing 121 - 130 of 951 results for "Germany"

Deutsche Bank offloads $76b in assets

ELIZA BAVIN  |  TUESDAY, 3 DEC 2019
Deutsche Bank has offloaded $76 billion in assets to Goldman Sachs as part of the lender's restructuring plan. Germany's biggest bank has been undergoing a major restructuring as it struggles to compete in tough market conditions. The assets were tied ...

Hong Kong drops LSE bid

ELIZA BAVIN  |  WEDNESDAY, 9 OCT 2019
... this proposal." Under UK rules, the HKEX is not allowed to make another bid for at least six months. The HKEX now joins Germany's Deutsche Boerse, which has made three failed attempts to purchase the LSE.

Chief economist update: Time for a Keynes comeback

BENJAMIN ONG  |  TUESDAY, 24 SEP 2019
"Help, I need somebody... Help me if you can, I'm feeling down... Help me get my feet back on the ground Won't you please, please help me." -- The Beatles Most major world central banks have already cut interest rates (more than once) and/or ...

Chief economist update: Whatever it takes, however long it takes

BENJAMIN ONG  |  FRIDAY, 13 SEP 2019
... that Mario would do "whatever it takes" despite the growing chorus of dissent from central bank heads and officials from Germany, Austria and the Netherlands against a big stimulus package, Draghi over-delivered. "First, as regards the key ECB interest ...

Surprise $56 billion bid for London Stock Exchange

ELIZA BAVIN  |  THURSDAY, 12 SEP 2019
The Hong Kong Exchanges and Clearing has proposed a $56 billion takeover of the London Stock Exchange. In a statement, HKEX said: "The board believes a proposed combination with LSEG represents a highly compelling strategic opportunity to create a global ...

Chief economist update: Germany in the budget's shadow

BENJAMIN ONG  |  TUESDAY, 10 SEP 2019
... (QE)... at a time when economic activity is again losing momentum and fears that another recession is nigh is mounting. In Germany - Europe and the Eurozone's largest economy - another recession is just one quarter away. German GDP growth contracted ...

Chief economist update: Economy slows to decade low but still tops the pops

BENJAMIN ONG  |  THURSDAY, 5 SEP 2019
... correctamondo! Australia's June quarter growth of 0.5% tops those of the G7 countries: Canada (0.9%); (France (0.3%); Germany (-0.1%); Italy (0%); Japan (0.4%); UK (--0.2%); and level pegging with the US (0.5% -- annualised quarterly growth rate ...

Chief economist update: The fear of Brexit

BENJAMIN ONG  |  THURSDAY, 29 AUG 2019
... fear of death" - that makes Brexit fearsome. Sure, UK GDP has contracted by 0.2% in the June 2019 quarter, but so has Germany (-0.1%) - the EU's biggest economy - and Italy's - the third biggest economy -- has stalled. The Eurozone's GDP ...

Chief economist update: The hazard of being a safe haven

BENJAMIN ONG  |  WEDNESDAY, 21 AUG 2019
... financial markets; the slowdown in global economic growth, led by rising expectations for a US recession (and perhaps, Germany); the trade war - US and China, Japan and South Korea; Brexit; political uncertainty (in Hong Kong, in Italy, in Russia and ...

Chief economist update: Will Australia avoid another global recession?

BENJAMIN ONG  |  FRIDAY, 16 AUG 2019
A recession is coming! Worries over a global recession are everywhere! Financial market investors are seeking safety - exiting equity markets and queuing to purchase longer-term bonds (despite their low, and in some, negative yields); the US dollar ...