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Showing 11 - 20 of 75 results for "New York time"

Chief economist update: Arrivederci Signor Draghi

BENJAMIN ONG  |  WEDNESDAY, 30 OCT 2019
Super "whatever it takes" Mario Draghi's final outing as president of the European Central Bank (ECB) came and went without much fanfare. The ECB kept monetary policy settings unchanged at its October 24 meeting. This is to be expected after it ...

Chief economist update: The greatest central banker of modern times

BENJAMIN ONG  |  TUESDAY, 1 OCT 2019
"Patience is a virtue." We've heard, read and seen this quote many, many times. This is a quote that's so easy to say but difficult to apply - more so if you're the head of one of the world's biggest central banks, presiding over a fast ...

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
... future of soggy financial markets and downward pressure on economic growth (and inflation). As at 12:01am on May 10 New York time, US tariffs on about US$200 billion worth Chinese goods increased from 25% from 10% with Trump already readying the paperwork ...

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

BENJAMIN ONG  |  MONDAY, 13 MAY 2019
... States and China on the May 9 that resulted in a no deal. As a consequence, as at 12:01am Friday on the May 10 (New York time), US tariffs on about US$200 billion worth Chinese goods increased to 25% from 10% with Trump already readying the paperwork ...

Finding value in Fairfax

JAMIE WILLIAMSON  |  WEDNESDAY, 15 AUG 2018
There are signs of life in Fairfax yet but the big banks are less promising, according to Auscap Asset Management. Speaking at the Financial Standard Adviser Big Day Out in Wollongong this morning, Auscap head of distribution Lee Hopperton provided ...

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

BENJAMIN ONG  |  TUESDAY, 5 SEP 2017
Scary headlines over the prospect of an all-out war between North Korea and the United States (and its allies) continue to flood cyberspace. The latest of which is America's ambassador to the United Nations Nikki Haley's remark that Kim Jong-un is "begging ...

Extensions - What the Greeks await and the Russians hate

BENJAMIN ONG  |  THURSDAY, 25 JUN 2015
As Yogi Berra famously quoted, "it ain't over till it's over." Elvis is still in the building. Optimism over a Greek bailout deal has hit a roadblock (again), prompting financial markets to give up some of the gains made over the past few days. But ...

Mi problema su problema

BENJAMIN ONG  |  THURSDAY, 18 JUN 2015
"I got chills, they're multiplying..." What's that Virginia? You're sick of hearing and reading about Greece? Not as I am about ranting about it for the umpteenth time, believe you me. Each time the Greek "crisis' re-emerges, we get this volatility ...

PIMCO appoints Bernanke to advice role

LAURA MILLAN  |  THURSDAY, 30 APR 2015
PIMCO has appointed former chairman of the United States Federal Reserve Ben Bernanke as senior adviser. Bernanke will contribute his economic expertise and insights to the firm's investment process and periodically engage PIMCO's clients, the bond ...