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Showing 1491 - 1500 of 5176 results for "YES"

Majority wrong

BENJAMIN ONG  |  WEDNESDAY, 4 FEB 2015
You oughta be congratulated! Clap, clap, claps are in order for the six sages (out of 26 economists surveyed by Bloomberg) who correctly anticipated the Reserve Bank of Australia's (RBA) verdict to cut interest rates by 25 bps to a historic low 2.25% ...

Taylor rules the RBA just right

BENJAMIN ONG  |  TUESDAY, 3 FEB 2015
... like what Bruce Lee termed, "the art of fighting without fighting"... the currency war. And then there's the "Taylor Rule" - yes, it's been a long time between drinks since you've read about this, haven't you? For quick reference, here's Wikipedia's ...

Market wrap

AAP  |  FRIDAY, 30 JAN 2015
The share market continues to rise on anticipation of a rate cut by the Reserve Bank next week. A fall in the Australian dollar under 78 US cents was also good for companies with operations overseas, with the major banks and big resources companies ...

Super Mario delivers huge stimulus package

BENJAMIN ONG  |  FRIDAY, 23 JAN 2015
... sunshine on a cloudy day... I guess you'd say What can make me feel this way?" Mario, Mario, Mario Talkin' 'bout Q-E Q-E. Yes Virginia, he did it. Super Mario brought sunshine to the financial markets on this, a cold and cloudy Frankfurt day. He ended ...

Central bank surprises

BENJAMIN ONG  |  THURSDAY, 22 JAN 2015
... Last night, the Bank of Canada (BOC) came up with its own surprise - it cut its overnight lending rate by 25 bps to 0.75%. Yes, you guessed right, 'twas because of the risk of low inflation because of low oil prices, as printed in the BOC's statement ...

Market Wrap AM

AAP  |  THURSDAY, 22 JAN 2015
The Australian market looks set to open higher, after strong gains on overseas markets overnight and rises in commodity prices. At 0700 AEDT on Thursday, the March share price index futures contract was up 41 points at 5,384. Euro zone stocks have been ...

China growth as Li likes it

BENJAMIN ONG  |  WEDNESDAY, 21 JAN 2015
... rate slightly higher or lower than 7.5 percent is acceptable, as long as our development creates jobs, boosts incomes..." Yes Virginia, last year's lower than target growth rate has PM Li's blessing. A rate of 7.4% still still created jobs -- employment ...

I'm with Bill

BENJAMIN ONG  |  THURSDAY, 15 JAN 2015
Ahh yes, it's the time of the year again folks...the time when the World Bank WEP) releases its crystal ball's read on the year ahead....and despite the myriad of 'Happy New Year' wishes wished upon us when 2014 became 2015, the WB's crystal ball says ...

Oil price shock, nice

BENJAMIN ONG  |  TUESDAY, 13 JAN 2015
... breed, but we also experienced the first and second oil price shock in the early 70's and 80's when oil prices soared. Ahh yes, those were the days of global tension and hatred for the OPEC cartel and their oil embargo. The jump in crude prices from ...

Auld lang syne

BENJAMIN ONG  |  MONDAY, 12 JAN 2015
... even lower. Oil prices have traded below US$20 before you know. Except for a brief spike to a bit over US$40 in late 1990 (yes, spike), oil fetched between US$9.50 a barrel to US$25 a barrel from 1986 to 1996 and didn't reached the levels they've recently ...