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

Search Results

Showing 11 - 20 of 160 results for "World Economy"

Australia narrowly avoids 0.9% GDP blow: KPMG

ALLY SELBY  |  MONDAY, 16 MAR 2020
... universities and aged care facilities. This, too, might change." The analysis applied a series of "shocks" to the world economy, to see how Australia would fare if exports; including tourism, higher education and commodities, were delayed. These include ...

Chief economist update: A crisis of supply, demand and confidence

BENJAMIN ONG  |  FRIDAY, 6 MAR 2020
... last year's 2.9% rate. In its World Economic Outlook report published in January 2020, the IMF predicted the world economy to expand by 3.3% this year. Worse, not a few are pencilling in an increased risk of a recession. These dire prognoses, along ...

Chief economist update: Australia's gentle turning point to turn

BENJAMIN ONG  |  THURSDAY, 5 MAR 2020
... that's on top of the 0.2% subtraction caused by the bushfires. In its "Interim Assessment, Coronavirus: the world economy at risk" report (published 2 March 2020), the Organisation for Economic Development and Cooperation (OECD) slashed its 2020 ...

Chief economist update: The C word

BENJAMIN ONG  |  TUESDAY, 3 MAR 2020
... announced until the share markets took a dive. Even the OECD's Interim Economic Assessment report (Coronavirus: The world economy at risk), where it cut its 2020 world economic growth outlook by 0.5% to 2.4% wouldn't had mattered had equity market ...

Chief economist update: The virus, the trade deal and the AUD

BENJAMIN ONG  |  MONDAY, 17 FEB 2020
... risking a flow on effect on other nations because of China's increased heft and greater integration into the world economy. But more to the point, and that point is... the US-China "phase one" trade deal signed on the 15th of January 2020 went into ...

Coronavirus to infect Q2: Capital Group

ALLY SELBY  |  FRIDAY, 14 FEB 2020
... in the air. "Unfortunately, many of the key parameters for figuring out the impact on China's economy and the world economy are unknown," he said. "How many people are really affected? How fast is the virus spreading? Is it going to spread outside ...

Not the time for long-term decisions: Baur

HARRISON WORLEY  |  FRIDAY, 7 FEB 2020
... 2020," Baur said. "However, we don't think this pickup in growth is going to be as vibrant as say, 2017 when the world economy was just roaring, for several reasons." Baur pointed to geopolitical tensions as a major factor limiting the force of the ...

Chief economist update: A busy 2020 for Abe, BOJ

BENJAMIN ONG  |  TUESDAY, 14 JAN 2020
The world economy would advance by 2.5% this year, a tad stronger than the "post-crisis low" of 2.4% estimated for 2019. This is the World Bank's prediction contained in its January 2020 'Global Economic Prospects' report, noting that: "While ...

2020: Year of the fragile economy

ALLY SELBY  |  THURSDAY, 9 JAN 2020
... Pazarbasioglu said things have to go to plan. "Following a year during which weak trade and investment dragged the world economy to its feeblest performance since the global financial crisis, economic growth is poised for a modest rebound this year," ...

Gold lifts as US, Iran tensions escalate

ALLY SELBY  |  TUESDAY, 7 JAN 2020
... rates and increased volatility. "The assassination has increased perceived global risks. With a slowly recovering world economy, the shock of this event saw people flock to gold as a hedge," he said. "Worst case scenario, the fiscal risks of the world's ...