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

Search Results

Showing 31 - 40 of 843 results for "Exports"

Chief economist update: Eurozone at risk of double-dip

BENJAMIN ONG  |  MONDAY, 18 JAN 2021
... distancing and travel restrictions on activity. New orders declined for the fifth straight month in December, along with exports and employment. This was partly offset by the stronger manufacturing PMI - up from 53.8 in November to 55.2 in the following ...

Chief economist update: Yuan the victim of China's success

BENJAMIN ONG  |  FRIDAY, 15 JAN 2021
... started the Sino-US trade war in 2018 - and by 9.5% from its 2020 low. Despite the yuan's sharp appreciation, Chinese exports jumped by 18.1% to a fresh record high of US$281.9 billion in December 2020, mainly supported by increased demand for protective ...

Chief economist update: Government spending made money, saved money

BENJAMIN ONG  |  FRIDAY, 18 DEC 2020
... constitute a major downside risk". This compares with the MYEFO's, "Recent trade actions affecting Australia's exports have not yet had a material impact on the forecast economic recovery, despite significant impacts on specific firms and regions. ...

Australia in China's shadow

BENJAMIN ONG  |  WEDNESDAY, 16 DEC 2020
... giving another twist to the garrotte - import bans and quotas and increased tariffs -- that's strangulating Australian exports to Beijing. This is because China is Australia's biggest export market. Australian Department of Foreign Affairs and Trade ...

Chief economist update: China turns crisis into opportunity

BENJAMIN ONG  |  TUESDAY, 8 DEC 2020
... (PPE) and masks and working from home electronic products - as well as increased seasonal Christmas demand - sent Chinese exports soaring by 21.1% in the year to November - the fastest rate of growth since February 2018 and nearly double market expectations ...

Chief economist update: David Australia versus Goliath China

BENJAMIN ONG  |  WEDNESDAY, 2 DEC 2020
... export market. Australian Department of Foreign Affairs and Trade data shows that Beijing accounts for 35.3% of total exports in 2019/20, much more than our next five biggest export markets combined - Japan (11.8%), South Korea (5.8%), USA (5.8%), UK ...

WTW calls for more investment in China

ELIZA BAVIN  |  TUESDAY, 1 DEC 2020
... So far, China has targeted Australian barley, lobster and coal. Most recently, it imposed duties of us to 212% on wine exports. Despite this, Yin said, global investors with a long-time horizon should not be deterred from investing in the nation. "Rather ...

Chief economist update: It's looking up for the land down under

BENJAMIN ONG  |  WEDNESDAY, 25 NOV 2020
... metal. Don't take my word for it, here's the latest from the Australian Bureau of Statistics (ABS): "Iron ore exports reached a record high of $10.9 billion, accounting for 36% of Australia's total exports... Total exports increased by $1.8 ...

Chief economist update: Iron ore to reduce Aussie deficit

BENJAMIN ONG  |  TUESDAY, 24 NOV 2020
... that, the price of iron ore keeps on going and going... up. Iron ore accounts for over 25% of Australia's total goods exports. To date, iron ore prices have rallied by 57.5% from this year's low and are 33.2% higher compared with 2020's opening ...

Chief economist update: Letter V going viral in Australia

BENJAMIN ONG  |  WEDNESDAY, 11 NOV 2020
... reading indicating expansion in three months - from 49.3 in September, driven by gains in production, new orders, sales and exports. The AiG performance of services index also swung back into expansion territory in October to a reading of 51.4 - the ...