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Showing 671 - 680 of 911 results for "Deficit"

Trichet to the rescue

BENJAMIN ONG  |  WEDNESDAY, 10 FEB 2010
... Eurozone 11 years ago. Let's take a look at one. The Maastricht Treaty, which led to the creation of the euro, set a budget deficit ceiling of no more than 3 per cent of GDP. But what's the current score? Greece has a budget deficit of 13 per cent of ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 10 FEB 2010
The Australian share market received positive leads from offshore markets, with Wall Street closing higher and commodities and metals prices firmer. At 0815 AEDT on the Sydney Futures Exchange, the March share price index contract was up 40 points at ...

Asia unseats South Africa in gold race

RUTH LIEW  |  TUESDAY, 9 FEB 2010
Indonesia, Tanzania and China reported the fastest growing output for gold last year - usurping South Africa, once the world's largest gold producer, which saw its production levels drop 5 per cent, according to a precious metals expert. British research ...

Australia better than triple A

BENJAMIN ONG  |  TUESDAY, 9 FEB 2010
... economic recovery has delivered "a A$7 billion to the budget bottom line" leading some economists to predict that the budget deficit would come in A$15 billion lower than the Treasury's A$57.68 billion estimate for the fiscal year ended 30 June 2010. ...

Greece is the word

BENJAMIN ONG  |  MONDAY, 8 FEB 2010
... the US labour market dominated the financial headlines last week. Greece and its efforts to contain its widening budget deficit provides a forward view of how things could escalate from bad to worse and when debts go wild. The Greek government - elected ...

Positive contagion

BENJAMIN ONG  |  TUESDAY, 2 FEB 2010
Running of the bulls. Peppered with undeniably wonderful set of numbers, Wall Street couldn't have it any other way overnight. The Dow closed 1.2 per cent higher - the biggest daily advance in about a month - the S&P 500 surged 1.4 per cent and the ...

Greek tragedy overwhelms Obama

BENJAMIN ONG  |  FRIDAY, 29 JAN 2010
... a 10-year high of 7.16 per cent on the back of concerns that the country would find it difficult to contain its budget deficit of around 13 per cent of its national output. This provides a preview of what the bond market vigilantes could do to force ...

ADHD

BENJAMIN ONG  |  THURSDAY, 21 JAN 2010
... Street's performance overnight didn't show that this might be the case. Or perhaps, it was a case of an ADHD (attention deficit hyperactivity disorder)? Wall Street's attention focused somewhere else. Last night, it was news of China's lending restrictions ...

Bonds need a double dip

BENJAMIN ONG  |  TUESDAY, 19 JAN 2010
... It could be all three, but the last one has gained prominence in recent weeks. Particularly if you consider that the US deficit has now ballooned to US$1.4 trillion. The worry is that the US government may need to offer higher yields to continue attracting ...

Stimulexit

BENJAMIN ONG  |  MONDAY, 18 JAN 2010
... pulling Australian growth up along with it. Previous worries about mortgaging the future in Australia because of high deficit spending may now be considered just a little inconvenience. Unfortunately, it's not the same for other western economies - especially ...