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Showing 121 - 130 of 140 results for "NY Times"

Recession over! Sigh!

BENJAMIN ONG  |  WEDNESDAY, 19 AUG 2009
"The recovery has started." This is the world according to IMF chief economist Olivier Blanchard. Or read another way, the global recession is over. My immediate reaction on reading this was a deep sigh. No, not a sigh of relief. But a sigh of disappointment. ...

Dead cat bouncers dead

BENJAMIN ONG  |  MONDAY, 10 AUG 2009
Hi ho...hi ho, it's off to work we go! The news just got better. If you thought Australia's latest unemployment reading was great, you'll certainly be rejoicing - as Wall Street did - at the reduction in America's jobless rate. Here at home, the Australian ...

Jobs, jobs, jobs

BENJAMIN ONG  |  THURSDAY, 6 AUG 2009
Watch the screens today! For at exactly 1130 hours (AEST), the Australian Bureau of Statistics will release a tally of how many of us were able to keep our jobs last month, how many were still looking for work and how many started submitting forms to ...

Of bulls, bears and flatliners

BENJAMIN ONG  |  TUESDAY, 7 JUL 2009
Quo Vadis Wall Street? A sell-off in the first quarter that rebounded towards the end. A strong rally in the second quarter that fizzled towards the end. Where is Wall Street going in the next three months? The next year? Your guess is as good as mine. ...

No fear

BENJAMIN ONG  |  FRIDAY, 3 JUL 2009
Stop! Take a deep breath. Now count to ten. There is no need to hit the SELL button. Many would have woken up to the bad news on Wall Street this morning. The Dow fell by 2.6 per cent overnight and the S&P closed 2.9 per cent lower. Or for extra effect ...

Refreshing pause

BENJAMIN ONG  |  WEDNESDAY, 24 JUN 2009
Sellers...you've been warned. Given the magnitude of yesterday's decline on Wall Street, it was almost inevitable that stocks in Australia and the Asian region would succumb to gravity. Pause that refreshes. Overnight action on the Street confirmed ...

Out with the new old

BENJAMIN ONG  |  WEDNESDAY, 22 APR 2009
Headline: IMF warns worst to come, toxic debt to reach US$4,100,000,000,000. Yeah...yeah. Sure...sure. I am so scared. Wall Street ignored the International Monetary Fund's (IMF) Global Financial Stability Report (GFSR). This is because while delivered ...

Risk of indigestion

BENJAMIN ONG  |  MONDAY, 20 APR 2009
Whoa boy! Take it easy. How many times have we been admonished by our elders to chew our food slowly right in the middle of chomping down a big chunk of that juicy, tender, savoury steak? Not once, not twice but many, many times. Because it is the me ...

BNP turns to games for education

MICHAEL HOBBS  |  WEDNESDAY, 4 MAR 2009
BNP Paribas has developed a video game that allows the bank's European based employees to create their own virtual bank and learn more about the international banking system. The game, Starbank, allows employees or players to build a bank in an orbital ...

Super and pensions under attack

ALEX DUNNIN  |  THURSDAY, 26 FEB 2009
It's still open season on Australia's retirement savings system as two more reports have been released attacking the social inequity of superannuation and age pension rules. The Australia Institute has released a research paper that argues superannuation ...