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Showing 151 - 160 of 611 results for %22World Economic Outlook%22

Chief economist update: Oil market slides from bull to bear

BENJAMIN ONG  |  FRIDAY, 7 JUN 2019
... oil prices is likely to intensify as global demand takes a hit from even weaker economic activity. In its June report, the World Bank recently downgraded its global GDP growth forecasts to 2.6% this year (from 2.9% it predicted in January) and 2.7% (from ...

Chief economist update: Same challenges, differing reactions

BENJAMIN ONG  |  THURSDAY, 9 MAY 2019
Deemed the sexiest accent in the world by 'Big 7 Travel', it would have been better (dare I say, sexier) that instead of a printed statement, Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr verbally delivered the news that: "The Official ...

The state of the banks

ELIZABETH MCARTHUR  |  TUESDAY, 7 MAY 2019
... lies in how the banks choose to respond. "The drivers that helped put Australia's banks amongst the most valuable in the world are abating. In their place, new trends are emerging," he said. "Fundamental capabilities like process control, efficiency ...

Chief economist update: S&P raises Duterte ratings

BENJAMIN ONG  |  WEDNESDAY, 1 MAY 2019
... "electioneering" by leaders of the Catholic Church in this predominantly Catholic country (81.4% of the population according to World Atlas). You can cry conspiracy but Standard & Poor's latest upgrade to the Philippines' credit rating to BBB+ ...

Chief economist update: Equity market rally has legs

BENJAMIN ONG  |  TUESDAY, 16 APR 2019
... This is happening against a backdrop of continued global economic and financial uncertainties. In its 'World Economic Outlook, April 2019' report - where it downgraded its 2019 world economic growth forecast to 3.3% (from 3.5% in its January ...

Chief economist update: AUD misdirection

BENJAMIN ONG  |  MONDAY, 15 APR 2019
... depreciate by the end of 2019 have been given a boost by the International Monetary Fund's (IMF) 'World Economic Outlook, April' report where it shaved its world GDP growth forecast to 3.3% this year - down from the 3.5% rate predicted in ...

Chief economist update: The bad oil

BENJAMIN ONG  |  FRIDAY, 12 APR 2019
The International Monetary Fund (IMF) recently released its World Economic Outlook April report where it slashed its global growth projections to 3.3% this year, down from 3.5% forecast in January and from 3.7% predicted in its October 2018 outlook ...

Chief economist update: EUr next

BENJAMIN ONG  |  WEDNESDAY, 10 APR 2019
... about Trump's planned "tour of duty" to the EU, the International Monetary Fund (IMF) released its "World Economic Outlook, April" report which shaved the global GDP growth outlook to 3.3% this year - down from 3.5% predicted only three months ago ...

Chief economist update: Aussie property price falls become self-fulfilling

BENJAMIN ONG  |  MONDAY, 8 APR 2019
... indicate Australia's economy is tracking below what the IMF anticipated six months ago in the last World Economic Outlook. Back then the fund predicted growth would come in at 3.2% in 2018 before cooling to 2.8%. Official ABS national accounts published ...

Chief economist update: Rosy assumptions a Budget surplus make

BENJAMIN ONG  |  WEDNESDAY, 3 APR 2019
... then was that Australia doesn't need a bond market no longer, it doesn't need to borrow money from the rest of the world) - when the surplus, equivalent to 1.7% of GDP in 2008 quickly flipped into a 2.1% deficit the following year and a 4.2% ...