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

Search Results

Showing 401 - 410 of 510 results for "Authorities"

Bull market on Wall Street

BENJAMIN ONG  |  FRIDAY, 15 MAY 2009
... which shut many of its plants -- employees. This stat is a good indicator of unemployment and confirms that the US 'authorities' worst case scenario of a 10.3 per cent rise in the jobless rate by 2010. My calculations based on the jobless claims show ...

Market Wrap - Morning

AAP  |  FRIDAY, 8 MAY 2009
... 3912.1. NEW YORK - Wall Street shares slumped on Thursday as weak demand at a US Treasury auction stoked fears that authorities might not be able to keep interest rates low to fuel an economic recovery. The disappointing bond auction shifted the focus ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 29 APR 2009
... advised Citigroup and Bank of America that they need to strengthen their capital following "stress tests" conducted by authorities. The mood was improved by a Conference Board report that its April index of consumer confidence rose to 39.2 from 26.9 ...

Out with the new old

BENJAMIN ONG  |  WEDNESDAY, 22 APR 2009
... and I - the economy - are constantly acting and reacting to changing conditions. This is because monetary and fiscal authorities are constantly adjusting policies to changing conditions. Wall Street is correct in focusing on slowly gathering evidence ...

The Indians are coming

WITH THESHEET.COM.AU  |  WEDNESDAY, 15 APR 2009
... Under. According to The Sheet banking industry newsletter, two of India's state-owned banks are seeking branch banking authorities in Australia and a third plans to open a representative office. Bank of Baroda has applied for branch licences in Australia ...

Fanning the flames of fear

BENJAMIN ONG  |  TUESDAY, 10 MAR 2009
... feeling how bad things are, some just bury their heads in the sand. But just as administration and fiscal and monetary authorities have a responsibility to relieve the world's population of the hardship brought upon them by American greed and their own ...

The Ides of March

BENJAMIN ONG  |  TUESDAY, 3 MAR 2009
... Treasury Secretary and the Chairman of the US Federal Reserve have all made statements alluding to this fact. Similar authorities in other countries have also made the same statements. Perhaps it was AIG's massive loss? AIG announced that it lost US$61.7 ...

Nationalisation - that ugly word

BENJAMIN ONG  |  MONDAY, 23 FEB 2009
... America. Why he had to qualify his statement with 'for a short time' and why the White House hastened to declare that US authorities, 'strongly believe that a privately held banking system is the correct way to go' is understandable because a democratic ...

Moral hazard on Main Street

BENJAMIN ONG  |  THURSDAY, 19 FEB 2009
... from the recession America had to have. Time and again since the days of the Maestro - Fed Chairman Alan Greenspan - authorities bent over backwards to bandage the self-inflicted wounds of gung-ho investment institutions and investors. This time, it ...

Drinking is bad

BENJAMIN ONG  |  WEDNESDAY, 18 FEB 2009
... further pressure on Prime Minister Taro Aso's already shaky grip on the government. Political gridlock has left Japanese authorities with no recourse but to watch the world's second biggest economy dive into its biggest contraction in 35 years. The Bank ...