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Showing 21 - 30 of 67 results for "Asian Financial Crisis"

Aussie, Aussie, Aussie! Noi, noi, noi!

BENJAMIN ONG  |  TUESDAY, 22 SEP 2015
... land girth by sea has survived (without a recession) major episodes of global upheaval such as the 1997/98 Asian financial crisis, the dotcom bust in 2000, September 11 and the US recession in 2001, and the Great Recession of 2008. Reserve Bank of Australia ...

A$ falls to the occasion

BENJAMIN ONG  |  TUESDAY, 25 AUG 2015
... extreme fear (the VIX index is inverted in the chart). 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 ...

Bangkok bombs and Malaysia's terror

BENJAMIN ONG  |  THURSDAY, 20 AUG 2015
... Malaysian ringgit's 14.5% fall. The current exchange of 4.1 ringgit to a US dollar is the lowest since the Asian financial crisis of 1997/98. Too, the yield on Malaysia's 10-year bonds have jumped to 4.3% -- the highest since January 2014 - from a low ...

Three for three

BENJAMIN ONG  |  FRIDAY, 14 AUG 2015
... announcement - because of "China hard landing"; "currency war"; "deflation pressure"; "commodity price plunges; "Asian financial crisis revisitation"; etcetera (name your favourite spook here), they'll be petrified when the PBOC followed the first one ...

The "old economy" that is Australia

BENJAMIN ONG  |  WEDNESDAY, 22 JUL 2015
... now. In fact, Australia hasn't been in a recession since 1991 despite the "tequila crisis" of 1994; the "Asian financial crisis" of 1998, the "dotcom bust" in 2000 and the "global financial crisis" in 2008. Give me "old economy" anytime. Perhaps, this ...

PROFILE: Stanford Brown chief executive Jonathan Hoyle

ALEX BURKE  |  THURSDAY, 2 JUL 2015
... J.P. Morgan. The most exciting, he explains, was as a distressed debt trader from 1997 to 2002, during the Asian financial crisis. At the time, Hoyle says J.P. Morgan held "vast exposure" to Asian companies, and he became part of the team that "figured ...

Greece's bundle of debt

BENJAMIN ONG  |  FRIDAY, 5 JUN 2015
... euros, that it becomes the IMF's - and the EC and the ECB -- problem. This wasn't the case back during the Asian financial crisis back in the late 1990s. Then, the IMF was mighty and powerful - sign or be damned - as portrayed in the infamous picture ...

Go south young (China) man

BENJAMIN ONG  |  FRIDAY, 10 APR 2015
... so long as it's not in what's going to become China's Special Administrative Region (SAR). The 1997/98 Asian financial crisis - that started about the same time as the 1 July 1997 handover - muddied investor sentiment at the time. The Hang Seng index ...

Rejoice for the A$ has fallen

BENJAMIN ONG  |  THURSDAY, 6 NOV 2014
... dollar-A's drop from around US$0.80 in late 1996 to US$0.57 in 1998 that shield Australia from the 1997 Asian Financial Crisis and the collapse of Long-term Capital Management (LTCM) and the Russian debt default in 1998. It was the dollar-A's drop from ...

Third arrow, broken arrow

BENJAMIN ONG  |  TUESDAY, 1 JUL 2014
... when Japan last raised the consumption tax from 3% to 5%. It may or may not have been compounded by the Asian financial crisis, but the end result was the consequent drop in consumer spending and business investment sent the country into a recession ...