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Showing 31 - 40 of 67 results for "Asian Financial Crisis"

Losing shine

BENJAMIN ONG  |  MONDAY, 2 JUN 2014
... up once in a while during periods of market stress such as during the stock market crash of 1987 and the Asian financial crisis in 1997/98 but overall remained within the US$400 an ounce mark. And then the GFC struck and then the European sovereign debt ...

The waiting game

BENJAMIN ONG  |  MONDAY, 31 MAR 2014
... Minister Hashimoto. Could be different this time. Japan's raised consumption tax was compounded by the Asian financial crisis in 1997, there's none of that this time (or is there?). And this time, both the Bank of Japan and the Abe government have vowed ...

Roast Turkey

BENJAMIN ONG  |  THURSDAY, 30 JAN 2014
... from a low of 2.32 per USD to 2.16 a greenback. YEOUCH!...but would it last? The lesson from the 1997/98 Asian financial crisis provides the answer and it's an emphatic NO. Asian interest rates soared too in 1997 (they bore the brunt of adjustment because ...

"Boring" hedge funds shake gung-ho reputation

MARK SMITH  |  MONDAY, 9 DEC 2013
... between perception and reality and the perception of hedge funds is still stuck in the 1990s, with LTCM, the Asian financial crisis and the UK pound exiting the ERM. The reality now is that the industry is regulated, institutionalised and transparent ...

Most EM currencies bounce back

ALEX DUNNIN  |  THURSDAY, 26 SEP 2013
... EM region is vastly more robust now compared to what it was like pre-GFC and especially during the 1998 Asian Financial Crisis. "The difference between then and now is like the difference between day and night," said Dr Feriani. It demonstrates why EMs ...

Green, green grass of home

BENJAMIN ONG  |  THURSDAY, 7 MAR 2013
... year out for 21 years (that's a generation!) without a recession. That's despite being subjected to the Asian Financial Crisis of 1997/98, the bursting of the dotcom bubble in 2000, September 11, 2001, GFC of 2008...and Julia Gillard. The US has had ...

Value vs price in Asian debt

BEN COLLINS  |  THURSDAY, 25 OCT 2012
... calculation. "The default rate in Asia in 2011 was zero outside of Australia and New Zealand," he added. In the Asian financial crisis, the default rate was 9.3%, and was close to 5% in 2009, but right now right now, despite being non existent, he said ...

Put up or shut up

BENJAMIN ONG  |  WEDNESDAY, 5 SEP 2012
... caught up in the 1987 Crash, bought bargains during the 1990/91 recession, made some dough in the 1997/98 Asian financial crisis, stayed the course during 9/11, bought bargains during the 2003 invasion of Iraq, nearly lost all the gains on the bargains ...

Fidelity: Asia focusing on intra-region trade

BEN COLLINS  |  TUESDAY, 15 MAY 2012
... prudent in how they operate and their financial positions are sounder when compared with the days of the Asian financial crisis in 1998. "Overall, Asia's healthy financial system, robust domestic demand, low debt levels, high savings rates and the emergence ...

Instant replay

BENJAMIN ONG  |  MONDAY, 30 APR 2012
... capital directly to problem banks if it becomes necessary. The IMF may have learnt its lesson from the Asian financial crisis in the late 1990s when its demand for more, more, more austerity before releasing funds saw sharp contractions in Asian economies. ...