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Showing 221 - 230 of 1628 results for "Chines"

Chief economist update: Another RBA rate cut should be enough

BENJAMIN ONG  |  MONDAY, 17 JUN 2019
The Aussie dollar is down. Repeat, the Aussie dollar is down! The A$/US$ exchange rate closed at US$0.6879 - down 2.3% this year to date its lowest level in three years - at the end of last week's trading. The local currency is down 1.8% (year-to-date) ...

Chief economist update: US recession in the offing

BENJAMIN ONG  |  MONDAY, 3 JUN 2019
"On June 10th, the United States will impose a 5% Tariff on all goods coming into our Country from Mexico, until such time as illegal migrants coming through Mexico, and into our Country, STOP. The Tariff will gradually increase until the Illegal Immigration ...

Chief economist update: Currency manipulators beware

BENJAMIN ONG  |  MONDAY, 27 MAY 2019
As if the world hasn't had enough of the overhanging pall engendered by lingering trade tensions, US President Trump is about to raise the stakes and expand the scope to currency manipulators. This I learned from The New York Times (NYT) on May ...

Chief economist update: It'll hurt me more than it hurts you

BENJAMIN ONG  |  FRIDAY, 24 MAY 2019
If very, very recent history is any guide, US President Donald Trump would soon be tempering his trade war tweets versus China. Trump did so early this year - prompting financial markets and economic and business agents to expect that a trade deal is ...

Chief economist update: Japan becomes collateral damage in US-China trade war

BENJAMIN ONG  |  WEDNESDAY, 15 MAY 2019
In any war, there's bound to be those that are caught in the crossfire and others treated as collateral damage. The global stock market rout that developed as a result of the renewed "little squabble" (as Trump recently put it) between the US and ...

Chief economist update: The (trade) war is back on

BENJAMIN ONG  |  MONDAY, 13 MAY 2019
"If it weren't for the last minute, nothing would get done." - Rita Mae Brown. This famous quote might be true in general, but it certainly didn't apply to the 11th hour, last minute trade negotiations between the United States and China on ...

Chief economist update: Countdown to T-day

BENJAMIN ONG  |  FRIDAY, 10 MAY 2019
It's now 8pm in Washington. That's four hours until T-day (tariff Friday) - the time when US tariffs on about US$200 billion worth of Chinese goods are set to increase to 25% from 10%. Investors around the globe are holding their collective ...

Chief economist update: China is back on track

BENJAMIN ONG  |  TUESDAY, 23 APR 2019
"Spring is the time of plans and projects." - Leo Tolstoy, Anna Karenina. So it is with China. Recent economic indicators have turned up in time for spring. China deserves to be congratulated. It's watered and fertilised the economy with enough ...

Chinese investment in Australia down 36%

ELIZABETH MCARTHUR  |  MONDAY, 15 APR 2019
A new report from KPMG has revealed a 36.3% reduction in Chinese investments in Australia, from $13 billion in 2017 to $8.2 billion in 2018. The report was produced by KPMG and The University of Sydney Business School looking at a dataset covering investments ...

Chief economist update: Japan yearns for a weaker yen

BENJAMIN ONG  |  THURSDAY, 11 APR 2019
The last time we heard some sort of policy guidance from the Bank of Japan (BOJ) was in early February this year when governor Haruhiko Kuroda was quoted as saying that: "If (currency moves) are having an impact on the economy and prices, and if we ...