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Showing 11 - 20 of 67 results for "Asian Financial Crisis"

Chief economist update: How low will Lowe go?

BENJAMIN ONG  |  FRIDAY, 15 NOV 2019
... whenever there's trouble in foreign shores. The A$/US$ sank from US$0.80 to below US$60 during the Asian financial crisis; it fell from around US$0.65 to US$0.49 during the US recession in 2001 and following the September 11 attacks of the same year ...

Chief economist update: The Fed should act now

BENJAMIN ONG  |  FRIDAY, 29 MAR 2019
... 10Y-3M yield differential flattened in late 1998. The Fed and the world dismissed that as reaction to the Asian financial crisis/Russian debt default/LTCM collapse at the time. The US economy was still doing swell, thank you very much. US GDP grew by ...

Chief economist update: A question of when?

BENJAMIN ONG  |  THURSDAY, 28 MAR 2019
... proved too late to escape the 1990 recession. The US yield curve inverted again in 1998 (the time of the Asian financial crisis, the Russian debt default and the LTCM collapse) but the Fed's quick response averted a US recession. Perhaps, glowing ...

Chief economist update: Time for an RBA shift to neutral

BENJAMIN ONG  |  MONDAY, 4 FEB 2019
... after the horse has bolted". Macfarlane knew this. He cut interest rates even before the full impact of the Asian financial crisis and the collapse of LTCM (Long-Term Capital Management) in 1997 and the US recession in 2001. However, a shift in the RBA's ...

Chief economist update: Australian dollar loss is economy's gain

BENJAMIN ONG  |  THURSDAY, 12 JUL 2018
... shielding the domestic economy from worries galore. The AUD/US sank from US$0.80 to below US$60 during the Asian financial crisis; it fell from around US$0.65 to US$0.49 during the US recession in 2001 and following the September 11 attacks of the same ...

Chief economist update: A$ falls to the occasion

BENJAMIN ONG  |  WEDNESDAY, 2 MAY 2018
... uncertainty to keep the Australian economy afloat. The A$/US$ sank from US$0.80 to below US$0.60 during the Asian financial crisis; it fell from around US$0.65 to US$0.49 during the US recession in 2001 and following the September 11 attacks of the same ...

Chief economist update: Caught in the crossfire

BENJAMIN ONG  |  TUESDAY, 3 APR 2018
... the Australian dollar is once again starting to rise to the occasion, the same thing it did during the Asian financial crisis of 1997/1998 and the global financial crisis of 2007/2008. The A$ has depreciated by 1.8% versus the US dollar in the first ...

FS has you covered in 2017

DARREN SNYDER  |  FRIDAY, 22 DEC 2017
... in February that it was the 30th anniversary of the 1987 stock market crash; the 20th anniversary of the Asian financial crisis that began in Thailand; and arguably the 10th anniversary of the Global Financial Crisis. The annual breakfast forum, held ...

Who's afraid of North Korea? Not the South Koreans

BENJAMIN ONG  |  TUESDAY, 5 SEP 2017
... kind of war looming up." The performance of South Korea's financial markets attests to this. Unlike the Asian financial crisis of 1997/98 that saw the country's capital markets dropped precipitously, there's nothing of that today. In fact, buy orders ...

PROFILE: Mercer chief customer officer Renee McGowan

STAFF WRITER  |  TUESDAY, 23 FEB 2016
... economies and markets, possibly in Singapore," she says. However, as she finished university in 1997, the Asian financial crisis hit. She had been recruited in the graduate program with Colonial Mutual Group to work in Asia, but as the group reduced ...