Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11 - 20 of 123 results for "Tsunami"

Minutes to disaster

MARK SMITH  |  MONDAY, 23 MAY 2016
... but more importantly, if it doesn't create a "butterfly effect" (you know, the thing about the butterfly wings and the tsunami) in other economies. In as much as higher US rates would lift the greenback, it would be a positive for central banks trying ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 7 APR 2016
... previous month. The 3.2 drop over the month is the biggest since the 6.6 decline registered in March 2011 when the earthquake/tsunami/nuclear reactor meltdown hit the country. The Japanese yen was trading at below ¥80 a dollar back then. Caixin China ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 31 MAR 2016
... increase in the previous month. The February decline is the largest month over month fall since March 2011 earthquake/tsunami when production dropped by a record 16.5%. Year-on-year, industrial production improved to minus 1.5% last month from minus ...

Swiss franc surprise

BENJAMIN ONG  |  MONDAY, 30 NOV 2015
... last month of 2015 what it was forced to put in place in the first month of this year? Recall "Francogeddon" or "currency tsunami" - the terms describing the shock financial markets received when on 15 January, the SNB abandoned its 3-year old CHF1.20/Euro ...

The horse still refuses to drink

BENJAMIN ONG  |  FRIDAY, 28 AUG 2015
The tsunami that has swept the financial market world last week right through to Monday has left and gone... and once more, the sun shines and the sky's blue. This means that the Fed can go ahead and lift, right Virginia? More so after last night's ...

Gloom and doom news is good news

BENJAMIN ONG  |  MONDAY, 24 AUG 2015
... the "Arab Spring" of the first quarter of 2011 has calmed and so did anxieties regarding the devastating effects of the tsunami/nuclear meltdown in Japan. This time the Eurozone crisis threatens to re-start again for who knows what PM Tsipras' resignation ...

SNB dismantles defense

BENJAMIN ONG  |  FRIDAY, 16 JAN 2015
"Francogeddon", "currency tsunami", "shocker", "jaw-dropping". These are some of the words used to describe the Swiss National Bank's (SNB) decision to surrender and abandon the currency peg - erected back in September 2011 - against the euro last night. ...

Volatile like its 2011

BENJAMIN ONG  |  THURSDAY, 16 OCT 2014
... the oil price back then, oil prices have been dropping despite the current tensions. There was also Japan's earthquake /tsunami/ and nuclear meltdown in 2011, which not only took out its reactors but Japan's economy itself. You can tell that the bears ...

Another October to remember?

BENJAMIN ONG  |  TUESDAY, 22 JUL 2014
... European sovereign debt crisis was upon us in 2010 and 2011. And in 2011, the Jasmine Revolution and Japan's earthquake/tsunami/nuclear meltdown incident compounded things. Then again, Wall Street indices were much lower back then. The S&P 500 index ...

Losing shine

BENJAMIN ONG  |  MONDAY, 2 JUN 2014
... financial crisis and the great recession, the European sovereign debt crisis, the Jasmine Revolution, the Japan earthquake/tsunami, the US fiscal cliff and downgrade of its rating below AAA. And oh... economic growth in the biggest demanders of gold ...