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

Search Results

Showing 1941 - 1950 of 2520 results for "Central Bank"

Market Wrap - Midday

AAP  |  TUESDAY, 22 MAR 2011
The Australian dollar was higher at noon, as Japan's central bank pumped more cash into the currency market. At 1200 AEDT, the Australian dollar was trading at 100.42 US cents, up from Monday's local close of 100.20 US cents. Since 0700 AEDT on Tuesday ...

A friend like Ben

BENJAMIN ONG  |  TUESDAY, 22 MAR 2011
... market-friendly. If it announces the end of QE2 three months from now, this would suggest to financial markets that the US central bank is confident that the recovery is entrenched and the economy will be able to withstand future hurdles that come its ...

Pain sans hysteria

BENJAMIN ONG  |  MONDAY, 21 MAR 2011
... Bank of Japan is now adding more liquidity to the financial system. According to the Wall Street Journal, "Japan's central bank has offered a total of 55.6 trillion yen ($724 billion) of short-term funds in the past three days, including Y28 trillion ...

Market Wrap - Midday

AAP  |  FRIDAY, 18 MAR 2011
... heartened after a joint statement from G-7 officials saying that the United States, Britain, Canada and the European Central Bank would join with Japan in a concerted intervention in currency markets on Friday. The Australian dollar rose to 98.72 US ...

Unknown unknowns

BENJAMIN ONG  |  WEDNESDAY, 16 MAR 2011
"Beware the ides of March." I thought I wasn't going to get to use this phrase as some form of metaphor for financial market behaviour this month. There were concerns over escalating price of oil due to tensions in the Middle East and Africa, there ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 16 MAR 2011
... disaster at the Chernobyl Nuclear Power Plant in Ukraine. The huge losses suffered by the Nikkei led the Japanese central bank to announce eight trillion yen ($97.8 billion) in short term funding - on top of a record 15 trillion yen on Monday - as it ...

Market Wrap - Midday

AAP  |  TUESDAY, 15 MAR 2011
... during the local domestic session were the minutes of the Reserve Bank of Australia's (RBA) March 1 board meeting. The central bank reiterated its view that it will "look through" the temporary effects of recent extreme weather when deciding what to ...

Market Wrap - Morning

AAP  |  TUESDAY, 15 MAR 2011
... earthquake and tsunami as well as fears of a nuclear reactor meltdown. The yen hit a four-month high before Japan's central bank pumped a record amount of money into financial markets, while nuclear plant operator TEPCO dived almost 24 per cent. Auto ...

Market Wrap - Morning

AAP  |  MONDAY, 14 MAR 2011
... February, raising expectations of yet another rate hike. That prospect sent Chinese banking stocks tumbling. In Beijing, central bank chief Zhou Xiaochuan said interest rates remained an important policy tool in fighting surging prices -- following three ...

Market Wrap - Morning

AAP  |  FRIDAY, 11 MAR 2011
... wine companies led gains while coal miners and financials weakened. South Korea's Kospi extended losses after the central bank raised its key interest rate for the second time in three months. The index fell 1 per cent to 1,981.58. Hong Kong's Hang Seng ...