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Showing 21 - 25 of 25 results for "Nada"

On caution's side

BENJAMIN ONG  |  TUESDAY, 1 JUN 2010
... volatility on its economic fortune. And when in doubt, what's a central bank to do? The RBA's best bet is to do nothing...nada...zilch until the dust settles. It's much safer this way. It can't lower interest rates this early just because of the uncertainty ...

The Art of War

BENJAMIN ONG  |  THURSDAY, 19 NOV 2009
... economies and to the global economy, and are committed to jointly fight protectionism in all its manifestations." Overall, nada, zilch. No concrete, tangible, specific policy on exchange rates and trade. Yes, they recognised their importance. Easy to ...

Stuck at zero

BENJAMIN ONG  |  THURSDAY, 5 NOV 2009
... waters. There we have it Virginia, the much-awaited, much speculated US Federal Open Markets Committee (FOMC) meeting produced nada. By a unanimous decision, its members voted to keep the fed funds rate near zero. And it shall remain "exceptionally low" ...

Up yours

BENJAMIN ONG  |  FRIDAY, 26 JUN 2009
... having to endure. BA has asked its staff to work without pay for up to a month to help improve the airline's finances. Yes, nada dinero for one month. As a sweetener, BA's CEO Willie Walsh has agreed to work unpaid in July. He will forego one month's ...

Good news in inaction

BENJAMIN ONG  |  TUESDAY, 9 JUN 2009
... short and long-term bonds and other assets, and so on. Not one announced acceptance of lower rated collateral in any form. Nada. Could it be that central banks have now been infected with the optimism that sent equity and commodity markets soaring over ...
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