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Showing 161 - 170 of 911 results for "Deficit"

Chief economist update: Super Mario keeps his cool

BENJAMIN ONG  |  FRIDAY, 26 OCT 2018
... 3.62% from just 1.98% at the beginning of the year, after Brussels rejected Rome's proposed budget that would push the deficit to as high as 2.4% of GDP and increase the government debt that stood at 132% of GDP at the end of 2017. The risk premium ...

Chief economist update: Still the lucky country?

BENJAMIN ONG  |  FRIDAY, 19 OCT 2018
... rate rises and the risk of a policy mistake, Trump's protectionist policy, China's slowdown, Italy's budget deficit, geo-politics (Saudi Arabia), emerging market currency depreciation and so on. Needless to say, Australia is not immune to ...

Chief economist update: Surplus here we come

BENJAMIN ONG  |  WEDNESDAY, 26 SEP 2018
... Donald J, himself, was surprised at the reaction. But the biggest surprise of them all is news that Australia's budget deficit has shrunk by more than expected. A very pleasant surprise! The 'Final Budget Outcome' report shows that the country's ...

Chief economist update: Japan's sun shines

BENJAMIN ONG  |  TUESDAY, 11 SEP 2018
... time when US president Donald Trump is threatening to train his sights on Tokyo's trade with the US. The US trade deficit with Japan widened 2.9% to US$5.5 billion in July, notwithstanding the yen's 1.4% appreciation vis-a-vis the greenback this ...

Chief economist update: Trump's beggar thy neighbour policy

BENJAMIN ONG  |  MONDAY, 10 SEP 2018
... and businesses would be buying more especially with the strength of the US dollar making imports cheaper. The US trade deficit jumped to US$50.1 billion in July from US$45.7 in June. This is the widest deficit in five months as total exports fell 1% ...

Chief economist update: Blame the US economy for the widening trade gap

BENJAMIN ONG  |  WEDNESDAY, 29 AUG 2018
... to win." The report shows America's balance of trade in goods increased to a larger-than-expected US$72.2 billion deficit in July from a US$67.9 billion shortfall in the previous month. The US economy's relative strength continues to suck in ...

Chief economist update: Little market reaction from BOJ tweak

BENJAMIN ONG  |  FRIDAY, 24 AUG 2018
... downward pressure on Japanese exporters. Latest figures show that Japan's trade accounts went into a ¥231.2 billion deficit in July from a ¥720.7 billion surplus in the previous month... but for good reasons. Exports grew by 3.9% in the year to ...

Banks take 1500 days to identify breaches: ASIC

KANIKA SOOD  |  THURSDAY, 26 JUL 2018
... management, and thus the institution itself, doesn't fall back into bad habits." Shipton's speech also addressed trust deficit in the financial services industry. "We must move from rhetoric to action, in addressing this trust deficit," he said. ...

Chief economist update: What goes around is starting to get around

BENJAMIN ONG  |  THURSDAY, 19 JUL 2018
... would also make US exports become more expensive in the world market which, by extension, would increase the US trade deficit and subtract from growth. Trump could either ramp up his war on trade or eventually succumb to economic dynamics. Economics ...

Chief economist update: Draining the swamp

BENJAMIN ONG  |  TUESDAY, 3 JUL 2018
... the downward pull of trade tensions emanating from the US. The higher US dollar goes, the more pressure on the US trade deficit, the more Trump tries to drain that swamp. Ben Ong is the Director of Economics and Investments at Rainmaker Group. He previously ...