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Showing 31 - 40 of 48 results for "National Government"

Beggar thy neighbour

BENJAMIN ONG  |  MONDAY, 23 MAR 2009
2009 will be the Year of Africa if Pope Benedict the XVI has his way. Chances are, given the way the global community is now suffering from its greed-infected wounds, he may not have long to wait. Despite all the technological advances, medical discoveries ...

Gung Hay Fat Choy

BENJAMIN ONG  |  FRIDAY, 23 JAN 2009
... Beijing has announced a fiscal stimulus package worth 4 trillion yuan (US$585 billion). But most of all, the national government made an offer they can't refuse (or its off with their heads) to its state-owned corporations - and there are plenty of them ...

Cognacs and chocolates

BENJAMIN ONG  |  THURSDAY, 15 JAN 2009
In spite of the best wishes for good tidings for the New Year, sorrows and trouble abound. The global financial crisis shows no signs of abating. The global economic future looks glum. Yet Americans are unable to afford their usual psychological crutches ...

2009: The lost year

BENJAMIN ONG  |  TUESDAY, 13 JAN 2009
Happy new year? Perhaps in 2010. The top central bankers meeting in Basel Switzerland came to the same conclusion yesterday. European Central Bank President Jean-Claude Trichet -- wearing his cap as head of the Bank of International Settlements - declared ...

Thank you

BENJAMIN ONG  |  FRIDAY, 28 NOV 2008
Wall Street celebrates Thanksgiving Day today - a 400-year tradition celebrated by Americans commemorating the pilgrims' gratitude for a bountiful harvest. Given the way the global economies are shaping up, Thanksgiving 2008 offers only patchy harvests. ...

G20 to the rescue

BENJAMIN ONG  |  FRIDAY, 14 NOV 2008
Buying on news? Bargain-hunting? Attractive valuation? Crisis solved? Factor X? Whatever the reason, Wall Street see'd again when it should have saw'ed. US equities surged almost 7 per cent last night despite a plethora of more gloomy news. Below are ...

Humpty Dumpty Syndrome

BENJAMIN ONG  |  THURSDAY, 6 NOV 2008
And so it came to pass. The election of Barack Obama to the highest post in the biggest and most powerful economy of the world would forever be etched into the annals of history - not only in America, but also throughout the entire planet. It is just ...

Daily funnies

BENJAMIN ONG  |  WEDNESDAY, 29 OCT 2008
People don't need to read the funny pages anymore to get their daily amusement fix. They only have to read the way the media interpret the daily movements in the stockmarket. Wall Street rallied almost 11 per cent last night. Here is Bloomberg's interpretation ...

The luckier country

BENJAMIN ONG  |  THURSDAY, 23 OCT 2008
The Australian equity market continues to follow the fortunes of its peers in America, Europe and Asia although economic and business fundamentals here are in much better shape than most of its global counterparts. So far this year, developed equity ...

Period of cleansing

BENJAMIN ONG  |  WEDNESDAY, 22 OCT 2008
Where's a poor investor going to look? On the right, there are hopeful signs that liquidity is starting to trickle. On the left, the number of countries falling into an economic recession is increasing. Over the past few days, equity market rallies ...