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

Search Results

Showing 511 - 520 of 911 results for "Deficit"

Market Wrap - Morning

AAP  |  MONDAY, 21 NOV 2011
... equity markets have closed mixed as the unresolved eurozone crisis and news of a deep partisan split in Congress's crucial deficit supercommittee clouded positive economic data. The Dow Jones Industrial Average rose 25.43 points (0.22 per cent) on Friday ...

Prettiest of them all

BENJAMIN ONG  |  MONDAY, 21 NOV 2011
"Mirror, mirror on the wall, who is the most beautiful of all?" The year 2011 is almost done and by the looks of it, it's turning out to be an annus horribilis for growth assets - equities and commodities - but a good year for defensive investments ...

More of the same

BENJAMIN ONG  |  FRIDAY, 18 NOV 2011
... Didn't they, themselves, bend their contract with the Maastricht Treaty requiring Eurozone members not to have a budget deficit greater than 3% of GDP? On Economist Intelligence Unit (EIU) data, only 3 years after the adoption of the euro - and the Treaty ...

Market Wrap - Morning

AAP  |  MONDAY, 14 NOV 2011
... crisis this week. Interest rates of about 7.0 per cent are widely considered to be too high for Italy to finance its public deficit and carry its debt for the long term. HONG KONG - Asian markets mostly rose after Greece named a new prime minister to ...

Weekend worries

BENJAMIN ONG  |  FRIDAY, 11 NOV 2011
... their highest level in three years is a positive indication for America's labour market prospects. Next stop, the US trade deficit narrowed by 4% to US$43.1 bil in September from US$44.9 bil in the previous month with a 1.4% increase in exports offsetting ...

Market Wrap- Morning

AAP  |  FRIDAY, 11 NOV 2011
... on the secondary bond market exceeding seven per cent on Wednesday are too high for Rome to be able to fund its public deficit over the longer-term but they eased on Thursday to offer some relief. The euro was at $US1.3595, after having earlier tumbled ...

Hero to Zero

BENJAMIN ONG  |  MONDAY, 7 NOV 2011
... the first place. Though at this point, there are more doubts than benefits. Remember Greece's reported 6% of GDP fiscal deficit that turned out to be a 12% hole and recently, Papandreou's referendum/no referendum backflip? And then there's Evangelos ...

A yearning for softer yen

BENJAMIN ONG  |  TUESDAY, 11 OCT 2011

Ben calls on JMK

BENJAMIN ONG  |  WEDNESDAY, 5 OCT 2011
... is not a panacea. It is "not a game changer." In simple terms, worry about getting growth going now and attend to the deficit later. But dear Big Benny can blah all he wants. Fiscal austerity, fiscal discipline, small government is current fashion. And ...

Bear killer

BENJAMIN ONG  |  TUESDAY, 4 OCT 2011
... its budget target, until it doesn't. The country's Finance Ministry revealed that Greece will not, will not, meet its deficit target this year. Surprise of all surprises! The deficit is now expected to come in at 8.5% of GDP this year instead of 7.6%. ...