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Showing 1851 - 1860 of 2567 results for "Economist"

Digit says recession averted

BENJAMIN ONG  |  FRIDAY, 12 AUG 2011
Crash on rumours one day, rally on flimsy excuse the next. That's Wall Street for you these days - or more accurately, the past two days. After rallying on the Fed's announcement that it will keep the fed funds rate at between 0-0.25% till the middle ...

Fed move checks markets

BENJAMIN ONG  |  WEDNESDAY, 10 AUG 2011
When the going gets tough, the Fed gets going. Ok, ok. I was wrong - no need to throw it back at my face. I expected the US Federal Reserve to provide a circuit breaker in the form of a third QE. I was wrong! Big Ben did this small Ben one better. B-I-N-G-O! ...

Stocks in freefall on recession fears, banks cut mortgage rates

ALISON BEVEGE  |  TUESDAY, 9 AUG 2011
... limited and the recovery will need to rely on the underlying fundamentals of the US economy rather than extra liquidity." Economist Saul Eslake, program director at the Grattan Institute said neither governments nor central banks now had the means to ...

Market dives on US downgrade, China demands new reserve currency

ALISON BEVEGE  |  MONDAY, 8 AUG 2011
... problems and ensure the safety of China's dollar assets," China's official Xinhua news agency said. But Warren Hogan, chief economist at ANZ, attacked ratings agency credibility, pointing to their role in the global financial crisis and said the US downgrade ...

Market Wrap - Morning

AAP  |  MONDAY, 8 AUG 2011
Australian stocks are tipped to be pushed into the red again today after America's credit rating was downgraded for the first time in its history over the weekend. Hopes for a bounce on the Australian share market after a horror Friday appear to have ...

Markets crash as recession fears hit

ALISON BEVEGE  |  FRIDAY, 5 AUG 2011
... 191.37 points or 3.43% to close at 5393.14 while in Germany the DAX finished down 225.83 points or 3.4% at 6414.76. Economist Saul Eslake, program director at the Grattan Institute, said the falls were sparked by fears of an increasing risk of a second ...

Chief exec resigns from AllianceBernstein

ELISE BURGESS  |  TUESDAY, 2 AUG 2011
... Holdings, a venture that dissolved earlier this year when AXA merged with AMP. Prior to his role at ABAL, Bargholz was chief economist for AXA in Australia before being appointed managing director of AXA's New Zealand funds management business in 1997. ...

Market Wrap - Midday

AAP  |  TUESDAY, 2 AUG 2011
Australian shares were down by 1.3 per cent at noon as weaker than expected building approval data released late Tuesday morning prompted shares to fall further from initial losses. At 1200 AEST on Tuesday, the benchmark S&P/ASX200 index was down 56.9 ...

Market Wrap - Morning

AAP  |  MONDAY, 1 AUG 2011
... Monday, the June share price index futures contract was down three points at 4,374 points. AMP Capital Investors chief economist Shane Oliver says the situation in the US would be the main focus when the local stock market opened on Monday. "Unless there ...

Complicating the simple

BENJAMIN ONG  |  FRIDAY, 29 JUL 2011
... beyond $14.3 trillion should have been relatively simple." Not my words ladies and gents, but that of the revered "The Economist" magazine. Simple and yet, here we all are, still watching on the edge of our seats, still waiting for the midnight hour ...