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Showing 2171 - 2180 of 2520 results for "Central Bank"

Fanning the flames of fear

BENJAMIN ONG  |  TUESDAY, 10 MAR 2009
... government reportedly was so horrified that it gave them the money. Amid these doom and gloom, market's dismissed European Central Bank President Jean Claude Trichet's press conference in Basel, Switzerland. Monsieur Trichet stated that, 'We have a number ...

Let them have soup

BENJAMIN ONG  |  FRIDAY, 6 MAR 2009
... for last night's sell-off is heightened fears over Europe's future after the Bank of England (BoE) and the European Central Bank (ECB) each cut interest rates by 50 basis points to record lows of 0.5 per cent and 1.5 per cent, respectively. The realisation ...

Thank you RBA

BENJAMIN ONG  |  WEDNESDAY, 4 MAR 2009
... Bank of Australia would still have the nerve to say, 'she'll be right mate.' For this is exactly what the Australian central bank expressed when it decided to sit on its hands on the very day that the global equity markets suffered another anxiety attack. ...

GFC in a fortnight

BENJAMIN ONG  |  MONDAY, 2 MAR 2009
... investors mulled about the trillions of dollars thrown and promised -by the US and by almost every Government, and central bank it seems -- over the problem. Investors worry over how the bucket load of money will be spent and how the ballooning budget ...

Nationalisation - that ugly word

BENJAMIN ONG  |  MONDAY, 23 FEB 2009
... weekend to discuss a coordinated pan-European response to the global financial crisis and 'encourage' the European Central Bank (ECB) for further monetary policy aid. The meeting became particularly crucial after Moody's reported that eastern Europe ...

Drinking is bad

BENJAMIN ONG  |  WEDNESDAY, 18 FEB 2009
What happens in Rome stays in Rome. Or so it should have been were it not for the sudden resignation of Japan's Finance Minister following the meeting of G7 finance ministers and central bankers on Valentine's Day. Japanese Finance Minister Shoichi ...

The biggest loser

BENJAMIN ONG  |  MONDAY, 16 FEB 2009
... non-the-brighter. But while the central banks of the US, Japan and the UK raced to the zero interest rate line, the European Central Bank (ECB) appears seemingly nonchalant perhaps applying the 'Tortoise and the Hare' principle where 'slow and steady ...

Market Wrap - Morning

AAP  |  FRIDAY, 6 FEB 2009
... interest rates by half a percentage point to a fresh historic low of 1.0 per cent to battle recession. The European Central Bank held rates steady at 2.0 per cent, but analysts forecast another cut next month. London's FTSE index rose a fractional 0.01 ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 4 FEB 2009
... meeting. The Australian share market closed higher on Tuesday, with financial stocks gaining ground following the central bank's interest rate cut. The benchmark S&P/ASX200 index ended up 11.3 points, or 0.32 per cent, at 3,508.7 on Tuesday while the ...

Worst of the worst

BENJAMIN ONG  |  FRIDAY, 30 JAN 2009
... taken by the US Federal Reserve and the Bank of Japan, the BoE is going the way of quantitative easing. The British central bank announced that it would begin purchasing up to 50 billion (US$71.5 billion) in assets, including high quality corporate bonds ...