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Showing 161 - 170 of 174 results for "PBO"

Tightrope walker

BENJAMIN ONG  |  WEDNESDAY, 23 MAR 2011
China's economy is overheating that the People's Bank of China (PBOC) had been tightening monetary policy in order to keep inflation under control. The US economy is not growing fast enough - and measured inflation has, thus far, remained benign - that ...

Market Wrap - Morning

AAP  |  MONDAY, 21 FEB 2011
The Australian market has received mixed to positive leads from offshore trading over the weekend. Wall Street indices were higher, but oil and copper were lower. Precious metals were higher. On the ASX 24 at 0712 AEDT, the March share price index futures ...

Chireland hurdled

BENJAMIN ONG  |  MONDAY, 22 NOV 2010
What's seemingly wrong at the beginning of last week became whole again - maybe - by the close. Fears that China would impose measures to extract excess liquidity to bring down inflation came to pass - fears passed, Beijing passed tightening measures. ...

Recycled fear

BENJAMIN ONG  |  MONDAY, 15 NOV 2010
"Wall Street drops on China price worries" - afr.com.au. "Wall Street slumps on China concerns" - new.com.au. "Stocks, Commodities Slide on China Concern; Treasuries Tumble" - Bloomberg.com. "US shares drop on China inflation worries" - Reuters via ...

To spend or not to spend

BENJAMIN ONG  |  WEDNESDAY, 23 JUN 2010
Financial markets have comeback to reality after being distracted by the renminbi sideshow courtesy of the Peoples Bank of China. They've woken up to the reality that their dream of a floating, dearer yuan is just that a dream. Oh yes, the PBOC tried ...

The art of war

BENJAMIN ONG  |  TUESDAY, 22 JUN 2010
And so it came to pass... a revaluation that's not a revaluation, greater yuan flexibility that's not. Just as you've read on this space yesterday, "experts" were falling all over themselves - and then some - euphorically welcoming China's revaluation ...

A stitch in time

BENJAMIN ONG  |  MONDAY, 21 JUN 2010
Finally! That source of international angst and condemnation, that much debated, much awaited Chinese currency revaluation is coming! It's good news for financial markets. Positive speculation abound after the People's Bank of China (PBOC) posted the ...

Don't know where to go

BENJAMIN ONG  |  FRIDAY, 12 MAR 2010
Directionless...is the word that could be applied to equity markets as we head for the end of this week's trading. Global equities were of course taking their cue from the global trend-setter that is Wall Street. As at last night - after four days of ...

Still a two-way street

BENJAMIN ONG  |  TUESDAY, 9 MAR 2010
After all is said and done...more was said than done! Yes, you know what I'm referring to Virginia - the "big kahuna" of economic statistics that is the US non-farm payrolls report. Remember how we (note I use "we" when I'm mistaken and "I" to gloat ...

Love thy neighbour

BENJAMIN ONG  |  MONDAY, 15 FEB 2010
Chinese New Year. Valentine's Day. They fell on the same day this year. The Chinese all around the world and lovers of all nationalities were torn about which day to celebrate. Easy for the Chinese -- the celebration of the "Year of the Tiger" takes ...