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

Search Results

Showing 181 - 190 of 911 results for "Deficit"

Chief economist update: Can't get enough of war

BENJAMIN ONG  |  MONDAY, 16 APR 2018
... trade surplus with the United States, with this surplus accounting for a disproportionate share of the overall U.S. trade deficit. India met two of the three criteria for the first time in this Report, having a significant bilateral surplus with the ...

Chief economist update: Let's talk about oil baby

BENJAMIN ONG  |  WEDNESDAY, 11 APR 2018
... hardly surprising. Never mind getting a good price for Aramco's IPO, it has to fix its budget balance which had been in deficit since 2014 as the price of oil collapsed. Certainly, the production cuts that started on the 1st of January 2017 and was supposed ...

Chief economist update: It's not just the trade war

BENJAMIN ONG  |  MONDAY, 26 MAR 2018
... billion of Chinese imports, with Factset reporting: "Trump reiterated his administration has told China it wants trade deficit [with China] reduced by $100 billion." China's retaliation was swift but modest. It announced just US$3 billion worth of US ...

Chief economist update: The other president for life in the making

BENJAMIN ONG  |  TUESDAY, 6 MAR 2018
... 6% recorded in March 2016. These ensure continued improvement in its fiscal balances. Already, the government's budget deficit has improved to 1.5% of GDP in 2017 from 3.4% of GDP in the previous year. It's the same for government debt - down to 12.6% ...

Insto mandate seeds Aviva fund launch

DARREN SNYDER  |  TUESDAY, 6 MAR 2018
... pretty attractive internationally to attract the foreign financing that it's going to need more of as it increases its deficit because it's going to have a bigger twin deficit - fiscal as well as trade," Munro said. "Rising rates in the US in the context ...

Chief economist update: RBA to lift rates after 2018

BENJAMIN ONG  |  THURSDAY, 8 FEB 2018
... underscored by the deterioration in the country's trade balance from a A$36 million surplus in November to a A$1.36 billion deficit in December as a 6% jump in imports more than negated the 2% increase in exports. "An appreciating exchange rate would ...

Chief economist update: Wall Street wails on inflation indications

BENJAMIN ONG  |  MONDAY, 5 FEB 2018
... more so given expensive valuations. And then there's Trump's tax cuts - expected to add US$1.3% trillion to the budget deficit over 10 years - also putting upward pressure on bond yields. These are perfectly rational rationales behind the previous week's ...

Chief economist update: RBA stuck in slow inflation lane

BENJAMIN ONG  |  THURSDAY, 1 FEB 2018
... the US dollar is cheaper; and then there's the tax cuts which is expected to boost growth, wages and spending and the deficit (further US dollar weakness). Likewise, inflation expectations - measured by the yield differential between nominal 10-year ...

Chief economist update: Red light on greenback

BENJAMIN ONG  |  THURSDAY, 25 JAN 2018
... officials) as against the Fed's telegraphed gradual and gentle policy tightening; concerns over Trump's tax cuts on the fiscal deficit - expected to add US$1.3 trillion to the deficit over the next 10 years; and, the absence of any major global upheaval ...

Australia overdue for company tax cut: Spot poll

KARREN VERGARA  |  MONDAY, 15 JAN 2018
More than half of the respondents in Financial Standard's weekly spot poll said Australia should follow the United States' lead and drop the corporate tax rates to as low as 21%. The US reduced its corporate tax rate from 35% to 21% effective 1 January ...