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

Search Results

Showing 351 - 360 of 451 results for "England"

The global recession we have to have

BENJAMIN ONG  |  THURSDAY, 9 OCT 2008
... lowered the fed funds rate to 1.5 per cent, the European Central Bank dropped its repo rate to 3.75 percent, the Bank of England cut its base rate to 4.5 per cent, the Bank of Canada to 2.5 per cent, the Swiss National Bank to 2.5 per cent and Sweden's ...

Soup for Christmas

BENJAMIN ONG  |  TUESDAY, 30 SEP 2008
... the provision of U.S. dollar liquidity in amounts of up to $30 billion by the Bank of Canada, $80 billion by the Bank of England, $120 billion by the Bank of Japan, $15 billion by Danmarks Nationalbank, $240 billion by the ECB, $15 billion by the Norges ...

Market Wrap - Morning

AAP  |  TUESDAY, 30 SEP 2008
... Bingley, Hypo Real Estate - rocked the markets amid growing doubts about passage of the $US700 billion US rescue package. In England the benchmark FTSE 100 index fell 269.7 points, or 5.3 per cent, to close at 4,818.8. FRANKFURT - In Germany, the benchmark ...

Market Wrap - Morning

AAP  |  MONDAY, 29 SEP 2008
... stock exchanges fell in Friday trading, with Germany, France, Italy and the UK all threatened with possible recession. In England the benchmark FTSE 100 index shed 108.5 points, or 2.09 per cent to close at 5,088.47. FRANKFURT - In Germany, the benchmark ...

Dec 2007 redux

BENJAMIN ONG  |  FRIDAY, 19 SEP 2008
... the liquidity crisis and stabilise the financial markets. The US Federal Reserve, the European Central Bank, the Bank of England, the Bank of Canada and the Swiss National Bank agreed to jointly inject more than US$100 billion into the financial system ...

Look out below

BENJAMIN ONG  |  TUESDAY, 16 SEP 2008
... banks pledged to make US$70 billion available, and extra liquidity injections from the European Central Bank, the Bank of England and the Swiss National Bank, failed to stem the financial market panic. Consensus has shifted to a more than 80 per cent ...

Whac-a-mole

BENJAMIN ONG  |  MONDAY, 15 SEP 2008
... cent in August after a 0.8 per cent increase in July. These two indicators highlight the dilemma faced by the Bank of England (BoE), which will release the minutes of its September monetary policy meeting. The BoE kept rates unchanged at 5.0 per cent ...

Stagflation policy conundrum

BENJAMIN ONG  |  FRIDAY, 12 SEP 2008
... downturn unnecessarily.' This ominous outlook is consistent with the views indicated by last night's testimonies of Bank of England members, led by Governor Mervyn King, before the UK Parliament. King noted that since he last spoke before the UK Treasury ...

NECU videos go high tech

RUTH LIEW  |  MONDAY, 8 SEP 2008
Global video specialist firm TANDBERG has won a contract with the New England Credit Union (NECU) to provide video-to-desktop services - upgrading the credit union's customer service while slashing up to $300,000 in operational costs. TANDBERG has been ...

This Week's Movers

BENJAMIN ONG  |  MONDAY, 8 SEP 2008
... expected, only the Reserve Bank of Australia (RBA) cut its benchmark interest rate last week. The Bank of Canada, the Bank of England and the European Central Bank kept monetary policy unchanged. The downtrend in commodity prices continued last week ...