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

Search Results

Showing 171 - 180 of 3675 results for "Wall STreet"

Actor linked to Malaysian pension fund scandal

ALEX BURKE  |  MONDAY, 19 JUN 2017
... Aziz, co-founded production company Red Granite Pictures, which co-financed the 2013 Jordan Belfort biopic The Wolf of Wall Street. When news of the scandal broke, a spokesperson for DiCaprio announced he would return any gifts or donations directly ...

Good to go

BENJAMIN ONG  |  MONDAY, 29 MAY 2017
... rates are a negative for the equity market - perhaps, the rationale behind the old adage "three hikes and stumble" on Wall Street (that is, that US equities sell off after the Fed's third rate hike). But the Fed has already raised rates three times in ...

100 days of Trump (and counting)

BENJAMIN ONG  |  MONDAY, 1 MAY 2017
... Trump's reflationary policies (although they remain in the "I promise" box still). It's not difficult to understand Wall Street's approval of Trump. Company earnings are rising. Thomson Reuter I/B/E/S estimates that S&P 500 companies' profits have risen ...

Of war, rate hikes and balance sheets

BENJAMIN ONG  |  MONDAY, 10 APR 2017
... Syria, in retaliation for the chemical attack on Syrian civilians, has created very little, if any, palpitations on Wall Street. Neither did Kim Jung-on's latest missile testing. As far as the moneymen are concerned, Syria and North Korea are just specks ...

Too much ado about Fed reinvesting nothing

BENJAMIN ONG  |  THURSDAY, 6 APR 2017
... really want to hurt me Do you really want to make me cry..." - Culture Club It began like just another ordinary day on Wall Street but last night it was one with an upward bias despite geo-political tremors - chemical attack in Syria and nuclear missile ...

Goldman Sachs launches junk bond ETF

EMMA RAPAPORT  |  TUESDAY, 28 MAR 2017
... its intent to possibly list five passively hedge fund-type ETFs and six actively managed ETFs. In October last year, Wall Street Journal reported that junk bond trader at Goldman Sachs, Tom Malafronte, earned more than $US100 million in trading profits ...

One small rise in rates, one giant step towards normalisation

BENJAMIN ONG  |  THURSDAY, 16 MAR 2017
Don't you just love it when things turn out as expected? Wall Street surely did. US equities jumped -- Dow up 0.5%, S&P up 0.84%, Nasdaq up 0.7%, Russell 2000 up 1.5% -- the VIX index dropped by 5.5% and instead of climbing, the US dollar index fell ...

First of three (or more) coming next week

BENJAMIN ONG  |  TUESDAY, 7 MAR 2017
... were a few down days but overall, the US equity market - like the energizer bunny - keeps on going and going... up. Wall Street's major equity market indices closed at record highs - the Dow at 21,115.55 points; the S&P 500 at 2395.96 points; the Nasdaq ...

Will 2017 be a mirror image of 2016?

BENJAMIN ONG  |  MONDAY, 9 JAN 2017
... S&P 500 is trading at 17.2 times prospective earnings - overvalued relative to its 5, 10 or 15-year averages. Where Wall Street goes, the world goes. He'll certainly try... but will it be watered down by the US Congress? Then there's the surging US dollar ...

A$ drop brings good cheers

BENJAMIN ONG  |  FRIDAY, 23 DEC 2016
... rebuilding, deregulation, tax reform. Ones that are expected to turn the "new normal" into the "new new normal". Equities on Wall Street have soared to fresh record highs. Never mind stretched valuations - they'll be revalued higher when Santa Trump's ...