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Showing 41 - 50 of 58 results for "UK economy"

BOE has a problem to smile about

BENJAMIN ONG | WEDNESDAY, 9 APR 2014

... BOE last 1 July 2013 - financial markets clamoured for more policy stimulation because (as speculated back then) the UK economy is at risk from falling back into recession. Less than a year into the job - and doing nothing but introducing forward guidance ...

NAB reports $1.4 billion net profits

JAMES FERNYHOUGH | MONDAY, 24 FEB 2014

... (CRE) run-off portfolio. Both continue to benefit from the restructure we undertook in 2012 and the recovery of the UK economy." He also said that the bank's massive restructure that saw a large number of redundancies last year, was complete. "Our new ...

Banks need top line growth after SMSF-led run

JAMES FERNYHOUGH | MONDAY, 20 JAN 2014

... undervalued, largely as a result of their UK operations, Walker said. But the thanks to improving conditions in the UK economy, NAB's valuation is now fair, he said. Walker said ANZ, meanwhile, was undervalued by about 10%.

Move the goalpost Mark

BENJAMIN ONG | THURSDAY, 14 NOV 2013

... ceiling at A£375 billion. But in fairness to Governor Carney, he must have foreseen the strengthening momentum in the UK economy and judged that staying the course is the best course of action. The latest BOE Quarterly Inflation Report underscores the ...

When optimism rains, it pours

BENJAMIN ONG | THURSDAY, 15 MAR 2012

... to 2012 growth predictions for the Eurozone, the UK and Japan and unchanged for the US. According to Reuters: "The UK economy will avoid a return to recession and grow 0.6 percent this year and a healthy 1.6 percent next." "...the battered euro zone ...

Unshaken and unstirred

BENJAMIN ONG | FRIDAY, 8 APR 2011

... decided to keep interest rates unchanged, confirming the bank's anxiety over its economy and that of its neighbours. The UK economy is reeling from drastic austerity fiscal measures that have sparked protests and street demonstrations. And its neighbours ...

Tightrope walker

BENJAMIN ONG | WEDNESDAY, 23 MAR 2011

... that the current UK predicament has the BOE walking on a tightrope is an understatement. Its decision could save the UK economy falling into the precipice or shove it down into it head first.

The Fed did it

BENJAMIN ONG | THURSDAY, 12 AUG 2010

... contraction the economy experienced from the third quarter of 2008 to the first quarter of this year. At its deepest, the UK economy contracted by 5.9 per cent in the year to the June 2009 quarter. United States. America's trade deficit widened to US$49.9 ...

Blame the banks for the crisis

RUTH LIEW | FRIDAY, 12 JUN 2009

... social welfare expenditure, reduced income tax receipts and depressed VAT receipts will be a real challenge to the UK economy.

Good news in inaction

BENJAMIN ONG | TUESDAY, 9 JUN 2009

... asset purchase target unchanged after raising it to 125 billion last month. And similar to its European cousin, the UK economy is also showing signs of healing. This is evident in the surprise jump in UK house prices in May and expansion in the country's ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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