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Showing 1541 - 1550 of 2520 results for "Central Bank"

Puke on the punchbowl

BENJAMIN ONG  |  THURSDAY, 21 FEB 2013
... healthy and rational discussion? A debate on what to do when we get there? Something everybody expects any responsible central bank to do. I'll bet my right eyeball that a great majority didn't bother to read the entirety of the minutes of the Fed's ...

Beans means Buffet

BENJAMIN ONG  |  FRIDAY, 15 FEB 2013
Buffet buys beans (and ketchup) maker. I think this about sums up the major event of last night. Wall Street liked it. It closed on the up after a down opening buffeted (pardon the pun, or is this a pun?) by news of continuing contraction in the economies ...

All Ords at 5000 overvalued but...

BENJAMIN ONG  |  THURSDAY, 14 FEB 2013
... bout of negotiations over the US debt ceiling, the Fed, this time, has gone unlimited. And so too, has the European Central Bank...and soon, the Bank of Japan. These should allow fundamentals to catch up with market pricing. I might just cancel that ...

CBA wealth division posts strong rise in profits

MARK SMITH  |  THURSDAY, 14 FEB 2013
Commonwealth Bank's wealth management arm has posted a net after tax profit of $334 million, its half-year result shows. The profit growth in the wealth division, which includes Colonial First State, Colonial First State Global Asset Management and ...

Big deal day

BENJAMIN ONG  |  WEDNESDAY, 13 FEB 2013
Ho-hum. Wake me up when it's over. "Twas another ordinary day in the market's today folks. The only news being the long wait for US President Barack Obama's State of the Union address. According to Bloomberg, "He will make proposals for spending on ...

Any reason will do

BENJAMIN ONG  |  FRIDAY, 8 FEB 2013
Just give me a reason, any reason. There were big central bank meetings overnight -- the European Central Bank and the Bank of England debated their respective monetary policy settings - but nothing changed. It was same old, same old. So you could imagine ...

Market Wrap AM

AAP  |  FRIDAY, 8 FEB 2013
... market looks set to open lower following the lead of international markets overnight after comments from European Central Bank (ECB) president Mario Draghi. At 0646 AEDT on Friday, the March share price index futures contract was DOWN 11 points at 4,883. ...

Market Wrap AM

AAP  |  WEDNESDAY, 6 FEB 2013
... 23,148.53. Shanghai reversed morning losses and ended up 0.2 per cent, or 4.98 points, at 2,433.13 after the Chinese central bank injected a huge amount of cash into the market to satisfy pre-Lunar New Year holiday demand from traders. WELLINGTON - The ...

On positive contagion, reflation and the great rotation

BENJAMIN ONG  |  MONDAY, 4 FEB 2013
"I think I can make it now, the pain is gone All of the bad feelings have disappeared Here is the rainbow I've been prayin' for It's gonna be a bright (bright), bright (bright) Sun-shiny day." -- Johnny Nash, "I Can See Clearly Now" Remember contagion? ...

Open wide, come inside

BENJAMIN ONG  |  THURSDAY, 31 JAN 2013
... lower interest rates. It didn't take long. Though hard to justify given India's still high inflation rate, the Indian central bank cut the repo rate (to 7.75%) and the cash reserve ratio (to 4.0%) by 25 basis points each earlier this week.