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Showing 561 - 570 of 792 results for "Bloomberg"

Waiting to exhale 5

BENJAMIN ONG  |  THURSDAY, 8 DEC 2011
... announce an interest rate cut tonight and that it is only the size of the reduction that is being determined. Also, Bloomberg reports that the ECB "may announce a range of measures tomorrow to stimulate bank lending, said three euro-area officials with ...

RBA right to cut rates and correct to hold

BENJAMIN ONG  |  TUESDAY, 6 DEC 2011
... interest rates" decision time for the Reserve Bank of Australia (RBA). The punting is finely balanced with, according to Bloomberg's polling, 13 out of 25 economists betting the RBA would cut by 25 bps taking the official cash rate to 4.25% today - the ...

Those tight Aussies

BENJAMIN ONG  |  MONDAY, 28 NOV 2011
... and goin' a-shoppin'. This is also consistent with the Black Friday sales witnessed in the US last week. According to Bloomberg, "Black Friday sales increased 6.6 percent to the largest amount ever..." while Reuters reports that, "Black Friday online ...

Dead calm

BENJAMIN ONG  |  WEDNESDAY, 23 NOV 2011
This morning I woke up to Reuter's headline screaming, "Stocks slide on weak US growth data" and Bloomberg's "European Stocks Drop as Euro Area Borrowing Costs Rise; Commerzbank Slumps". What could have scared the equities markets off again this time ...

Former BlackRock head joins UniSuper

ELISE BURGESS  |  THURSDAY, 10 NOV 2011
... internal Australian equities portfolio with $200 million in seed money. In August this year the super fund appointed Bloomberg Asset and Investment Manager (AIM) initiative as partner in its internal management of its Australian equities portfolio. The ...

Buy the headline, sell the headline

BENJAMIN ONG  |  TUESDAY, 8 NOV 2011
... Fear Moves to Italy," printed the New York Times as "Italy's Surging Bond Yields Set Berlusconi on Path to Bailout" (Bloomberg). If the problem of Italy being too big to bail worries you, you'll worry some more when you read, "EFSF limps over the line ...

Shape up or ship out

BENJAMIN ONG  |  THURSDAY, 3 NOV 2011
... being too clever by half. He doesn't want to take the heat just in case things turn nasty for his country. According to Bloomberg BusinessWeek, "Papandreou reasoned that the way to win the grudging support of the Greek people for painful austerity measures ...

Congressmen agitate for US transaction tax

ALEX DUNNIN  |  THURSDAY, 3 NOV 2011
... introduce legislation that will impose a 3 basis point tax on financial transactions, one third the European rate, reported Bloomberg. They last tried to introduce such a tax in 2009 that would apply to short term security transactions and hedging strategies. ...

Another 'should have gone shopping' moment

BENJAMIN ONG  |  MONDAY, 31 OCT 2011
... consumers to spend. And that spending by 70% of the economy is generating increased sales and profits for businesses - Bloomberg reports that 71% of companies in the S&P 500 that have reported so far this season have topped market expectations. And this ...

Good news, bad headline

BENJAMIN ONG  |  TUESDAY, 18 OCT 2011
... It's the middle of October and it will soon be Halloween. So please understand why I literally jumped off my seat when Bloomberg flashed before my very eyes the headline, "China Economy Grows at Slowest Pace in 2 Years". Yes, that single engine responsible ...