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Showing 241 - 250 of 510 results for "Authorities"

Market Wrap

AAP  |  FRIDAY, 6 JUL 2012
... reduction follows a rate cut by China's central bank and new stimulus measures by the Bank of England as global financial authorities seek to shore up a slowing global economy. In local news Global engineering firm WorleyParsons has named senior executive ...

Two cuts and a top up

BENJAMIN ONG  |  FRIDAY, 6 JUL 2012

IMF issues buy order

BENJAMIN ONG  |  WEDNESDAY, 4 JUL 2012
... till the next IMF forecast update. The rationale being that a worsened IMF outlook galvanizes fiscal and monetary authorities' determination into taking counter-cyclical policy actions -- that puts a floor under economic growth - and/or it pushes fence-sitters ...

Tell that to the marines

BENJAMIN ONG  |  TUESDAY, 3 JUL 2012
... factories from stocking, businesses from investing& you get the picture. The renewed calm in Europe, and optimism that EU authorities are prepared to act (at best) or have kicked the crisis can further down (at worst) should start revving these economic ...

Barclays fined $A451 million

BEN COLLINS  |  THURSDAY, 28 JUN 2012
UK bank Barclays will pay a record $A451 million in fines after it was found to have mislead authorities about the interest rate it was paying to borrow money from other banks. Barclays chief executive Bob Diamond said that in view of this, he and other ...

Fundamentally challenged

BENJAMIN ONG  |  FRIDAY, 22 JUN 2012
... alas! It seems that these are all we'll be getting - rumours, gossips and speculation - for now. For it looks like EU authorities won't be getting their smelly stuff together until they reach a "Lehman moment". The bottom line is that last night was ...

BRIC slows on Europe woes

BENJAMIN ONG  |  TUESDAY, 19 JUN 2012
... raised interest rates by a total of 375 basis points between February 2010 and October 2011. Fortunately for monetary authorities, measured consumer price inflation have been decelerating (except for India) in recent months, giving them scope to relax ...

Three more days of guessing

BENJAMIN ONG  |  THURSDAY, 14 JUN 2012
... by the pro-bailout party could again paint a semblance of relative "normality" in the region, reducing pressure on authorities to come up with a concrete and comprehensive solution. But it must be said that a pro-bailout win doesn't in any way improve ...

PIG now officially PIGS

BENJAMIN ONG  |  TUESDAY, 12 JUN 2012
... found that there's none as of yet. Surprise, surprise. Sowee, but I've already lost track of how many times European authorities have done this over the past three years - announce something, anything, when the going gets tough and work out the details ...

All juiced up

BENJAMIN ONG  |  THURSDAY, 7 JUN 2012
... For it's so easy to hide under the G7 cloak. Not when it's your personal credibility is at stake. Two central bank authorities did just that last night. While keeping interest rates on hold at 1.0%, ECB president Mario Draghi reminded all you bears wearing ...