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Showing 211 - 220 of 911 results for "Deficit"

Banks must overhaul product-based incentives

KARREN VERGARA  |  WEDNESDAY, 19 APR 2017
... product-based payments in retail banking. Sedgwick said his proposed 21 recommendations promise to address the "trust deficit" in the banking industry and "signal a sharp break with the past." "Changing remuneration alone is not enough. Each bank should ...

Not as good as the headline

BENJAMIN ONG  |  FRIDAY, 7 APR 2017
It's not as good as it looks. The second biggest Australian trade surplus on record, that is. Us, Australians all, should be rejoicing at the Australian Bureau of Statistics' (ABS) report that the country's international trade surplus widened by 138% ...

Less than expected but good

BENJAMIN ONG  |  THURSDAY, 23 MAR 2017
... Finance released data showing the country recording a ¥813.4 billion trade surplus in February, up from a ¥1,086.9 billion deficit in the previous month and a ¥235.5 billion surplus in the same month last year. While this is less than market expectations ...

Doubting the benefit

BENJAMIN ONG  |  TUESDAY, 14 MAR 2017
... Politburo's plans or heads will roll. Other PM Li likes include: CPI inflation of 3% this year (unchanged from 2016); budget deficit of 3.0% (unchanged from 2016); lower retail sales growth (10% from 11%) and growth in M2 money supply (12% from 13%). ...

No other way but up

BENJAMIN ONG  |  MONDAY, 13 MAR 2017
... trade war - and erode America's export competiveness as well as put downward pressure on inflation. Already, the US trade deficit widened to US$48.5 billion in January - the largest since March 2012 - from US$44.3 billion in the previous month as imports ...

Year of the Rooster deficit

BENJAMIN ONG  |  THURSDAY, 9 MAR 2017
China's trade balance went into a US$9.2 billion deficit in February from a surplus of US$51.4 billion in the previous month and a surplus of US$28.2 billion in the same month in 2016. This was the first monthly trade deficit recorded since February ...

What a drag

BENJAMIN ONG  |  FRIDAY, 3 MAR 2017
... is way below market expectations for an increase to A$3.8 billion and is the smallest surplus since the A$0.9 billion deficit recorded in October 2016. The disappointing trade surplus resulted from a 3.0% drop in exports in January that was worsened ...

Westpac faces lending practices breach: ASIC

KARREN VERGARA  |  THURSDAY, 2 MAR 2017
... loan, and approved loans where a proper assessment of a borrower's ability to repay the loan would have shown a monthly deficit. For interest-only period home loans, the bank failed to take into account the higher repayments at the end of the period ...

Buying American

BENJAMIN ONG  |  THURSDAY, 9 FEB 2017
... of his campaign promises if the latest stats on the country's international trade are anything to go by. The US trade deficit narrowed to US$44.3 billion in the month of December, down from the previous month's shortfall of US$45.7 billion and less than ...

A$ drop brings good cheers

BENJAMIN ONG  |  FRIDAY, 23 DEC 2016
... weeks ago reported a 0.5% contraction in the third quarter, eroding consumer and business confidence, a bigger budget deficit (that threatened its AAA-credit rating) and all that negative jazz. Not surprisingly, the Australian dollar has dropped to US$0.7221 ...