Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1591 - 1600 of 4006 results for "Cut"

Brexit - the Australian connection

BENJAMIN ONG  |  MONDAY, 27 JUN 2016
... MarketWatch even reports that "...a minority of fed-funds futures traders are now betting that the U.S. central bank could actually cut interest rates at its next meeting, in July". Another race to the bottom could ensue. The economic and political uncertainty ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 23 JUN 2016
Australia leading index "Leading Index improves but still points to below trend momentum". This is the header of Westpac's media release on the latest update of the Westpac-Melbourne Institute Leading Index of Economic Activity. The index tracks future ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 21 JUN 2016
... levels. This should give the Bank of Korea (BOK) further scope to ease monetary. Earlier this month, the BOK unexpectedly cut interest rates to a new record low of 1.25% from 1.50%. Apart from falling exports and weakened domestic demand, the BOK also ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 16 JUN 2016
... 2.0% that month. The same thing happened in February last year. Consumer confidence jumped by 8.0% in February when the RBA cut rates from 2.5% to 2.0% in the same month before declining by 1.2% in March. Westpac's media release explains that, "The component ...

PROFILE: Vanguard Australia managing director Colin Kelton

MARK SMITH  |  THURSDAY, 16 JUN 2016
By his own admission, Colin Kelton barely understood what Vanguard did when he applied for a job at the company. But 25 years on he's now principal and managing director of the Australian operations of the $4.4 trillion asset manager, and he can't imagine ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 14 JUN 2016
Australia business confidence "The RBA's cut to interest rates did not help lift business confidence as we had hoped, even as sales activity continues to improve." This was how National Australia Bank's (NAB) chief economist, Alan Oster interpreted ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 10 JUN 2016
... back negative readings in March (minus 0.1%) and April (-0.3%). Bank of Korea cuts South Korea's central bank unexpectedly cut interest rates by 25 basis points to a new record low of 1.25% following its 9 June monetary policy meeting because, "...exports ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 8 JUN 2016
... policy settings steady at its 7 June Board meeting, announcing no change in the official cash rate which the central bank cut to a record low 1.75% at its 3 May meeting. "Taking account of the available information, and having eased monetary policy at ...

Swiss say no to universal basic income

MARK SMITH  |  TUESDAY, 7 JUN 2016
Swiss voters have overwhelmingly rejected a proposal to give their entire population enough money to live on. A projection provided to the public broadcaster RTS said 78% had voted against the scheme, which would see all Swiss citizens, along with foreigners ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 31 MAY 2016
... following the successive record levels that occurred in 2015 and 2014". Then again, these are April numbers - before the RBA cut interest rates and most banks passing on the full reduction in May. Japan retail sales The latest retail spending figures ...