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Showing 271 - 280 of 365 results for "Exchange Rate"

G-20 gabfest at Gyeongju

BENJAMIN ONG  |  MONDAY, 25 OCT 2010
... policy of another one big nation? And so it was! The G20's communique promised to "move towards market-determined exchange rate system", to " refrain from competitive devaluation of currencies", and to use "the full range of policies conducive to reducing ...

Pigs are bacon

BENJAMIN ONG  |  FRIDAY, 22 OCT 2010
... Something out of the "new ordinary" happened overnight. Wall Street climbed at the same time that the US dollar exchange rate went up. My trusted data source - Bloomberg - reported that, "The dollar strengthened against 13 of 16 major counterparts, erasing ...

Bad, bad day

BENJAMIN ONG  |  WEDNESDAY, 20 OCT 2010
... consumer sentiment fell to its lowest level since January last year. All that fiscal tightening and higher euro exchange rate are starting to bite. In the UK, the Confederation of British Industry released October data showing that factory orders dropped ...

Queuing for QE

BENJAMIN ONG  |  MONDAY, 18 OCT 2010
"...there would appear--all else being equal--to be a case for further action." With these words, US Federal Reserve Chairman Ben Bernanke virtually ensured that Christmas is coming in November - no ifs, ands, buts or maybes. At least, that's what financial ...

Parity not quite a party

BENJAMIN ONG  |  FRIDAY, 8 OCT 2010
... In its report, AiG found that "nearly two-thirds of manufacturers believe their exports are uncompetitive at and exchange rate of US$0.80, while 93.7 per cent expect to be uncompetitive should the exchange rate exceed US$0.85." This led AiG to conclude ...

Spoiling for war

BENJAMIN ONG  |  FRIDAY, 1 OCT 2010
... Premier Wen Jiabao told the world that China would suffer "major social upheaval" if it agrees to raise the yuan exchange rate by 20-40 per cent. "We cannot imagine how many Chinese factories will go bankrupt, how many Chinese workers will lose their ...

Hung

BENJAMIN ONG  |  MONDAY, 23 AUG 2010
... one of 23 countries around the world with the lowest political risk. Sovereign Risk? Australia with its floating exchange rate and debt and deficit one of the lowest in the western world - what sovereign risk? True, the yield on 10-year Australian bonds ...

CFD health check prompts more oversight

MICHAEL HOBBS  |  TUESDAY, 13 JUL 2010
... investors to bet on future changes in the market price of a share or commodity or the value of an index or a currency exchange rate. Most CFDs are sold over the counter (OTC). "Our healthcheck study shows CFD issuers need to lift their game in making ...

Another LIC fails

MICHAEL HOBBS  |  THURSDAY, 8 JUL 2010
Shareholders in listed investment company (LIC), India Equities Fund, have voted to return capital to investors - highlighting another example of the weaknesses of LIC vehicles. More than 95 per cent of the fund's investors voted for the board's proposed ...

EOFYS

BENJAMIN ONG  |  WEDNESDAY, 30 JUN 2010
... lower, mandated less lending, etc. And that etcetera may be its recent announcement committing to a more flexible exchange rate. But I won't hold my breath on this one. In any case, the father of the leading index - the US Commerce Department - itself ...