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Showing 181 - 190 of 2971 results for "Overnight"

Chief economist update: Turkey's roasted

BENJAMIN ONG  |  MONDAY, 13 AUG 2018
... re-election at the June 24 poll. He was re-elected, and dive deeper the lira went. The TCMB has already more than doubled the overnight repo rate from 7.25% to 15% on June 1 and then to 16.25% a week later (June 8) and the liquidity window lending rate ...

Farmers should urgently access super: Advisers

KARREN VERGARA  |  TUESDAY, 7 AUG 2018
... Bill to extend the time limit for receiving the FHA from three to four years was introduced to Parliament on June 20. Overnight on Twitter, Turnbull also said the asset threshold will also increase to $5 million, which means 27,000 families and single ...

Aurora takes acquisition bid to Federal Court

KARREN VERGARA  |  FRIDAY, 3 AUG 2018
... scheduled to be heard on 22 and 23 October in Sydney. Keybridge Capital, which has a 20% stake Molopo Energy, announced overnight that it entered a submitting appearance and will "submit to any order the Court may make in the proceeding." The Takeovers ...

Chief economist update: BOJ to stop throwing good money after bad?

BENJAMIN ONG  |  TUESDAY, 24 JUL 2018
The big news overnight comes courtesy of the Bank of Japan (BOJ) or rather speculations (again) that it's discussing possible changes to its looser-than-loose monetary policy. There are so many combinations and permutations as to what the BOJ would ...

Chief economist update: No sweat says BOC on Trump tariffs

BENJAMIN ONG  |  MONDAY, 23 JUL 2018
... protectionism has had only limited impact on the domestic economy (so far). The Canadian central bank lifted its key overnight interest rate by 25 basis points on July 11 to 1.25% - the highest level since 2008 and the second hike this year - despite ...

Chief economist update: What goes around is starting to get around

BENJAMIN ONG  |  THURSDAY, 19 JUL 2018
... breathing space as it proceeds with normalising interest rates. Then again, maybe not. The CPI inflation report released overnight showed that upward pressure on consumer prices is gaining momentum. Headline inflation accelerated to 2.9% in the year ...

Chief economist update: Crude oil slips

BENJAMIN ONG  |  TUESDAY, 17 JUL 2018
... and a strike by oil workers in Norway combined to keep the price of crude elevated. Crude oil prices dropped sharply overnight as some or all of these have been halted or resolved. Brent oil dropped by 4.5% to US$71.94/barrel and WTI oil slid 4% to US$68.19 ...

Chief economist update: Weak wages a puzzle, could become a problem

BENJAMIN ONG  |  FRIDAY, 13 JUL 2018
... breathing space as it proceeds with normalising interest rates. Then again, maybe not. The CPI inflation report released overnight showed that upward pressure on consumer prices is gaining momentum. Headline inflation accelerated to 2.9% in the year ...

Chief economist update: Shanghai's drop is China's problem, the yuan's slide is everyone's

BENJAMIN ONG  |  THURSDAY, 28 JUN 2018
... batted an eyelid at the Shanghai index's dive, most are now standing up and paying attention at the yuan's drop. Overnight, the yuan traded at 6.60 yuan against a US dollar, down from this year's high of 6.26 and the weakest it's been ...

Chief economist update: Erdogan's Turkey is cooked

BENJAMIN ONG  |  FRIDAY, 25 MAY 2018
... emergency meeting last night (before its scheduled June 7 meeting). While it left its key interest rates unchanged - overnight repo rate at 7.5%; one week repo rate at 8% - it lifted its liquidity window lending rate by 300 basis points to 16.5% that ...