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

Search Results

Showing 701 - 710 of 911 results for "Deficit"

Market Wrap - Morning

AAP  |  FRIDAY, 11 SEP 2009
... index advanced 10.77 points, or 1.04 per cent, to a close of 1044.14. Market action came after data showed the US trade deficit increased sharply in July as trade volume rose and imports surged. The Commerce Department reported the trade gap jumped to ...

Aussie dollar rises to restore equilibrium

BENJAMIN ONG  |  TUESDAY, 8 SEP 2009
... economy beyond that which would cause rising inflation. This is already happening with the widening in Australia's trade deficit - a negative for growth. This is already happening with Australia's exporters finding it more difficult to compete in price ...

Almost Per-fecta

BENJAMIN ONG  |  WEDNESDAY, 26 AUG 2009
... percent." Now for the negative one-pecta. The US Office of Management and Budget (OMB) raised its forecast for the US budget deficit. The OMB now expects the budget shortfall to climb to US$1.5 trillion 2010, from an initial estimate of US$1.3 trillion. ...

Fear not a rate rise

BENJAMIN ONG  |  MONDAY, 17 AUG 2009
... lower. And the data? US industrial production showed positive growth for the first time since October last year. The trade deficit widened in June - but exports grew by 2 per cent (rising global demand) and imports increased by 2.3 per cent (rising domestic ...

Ways to go

BENJAMIN ONG  |  FRIDAY, 24 JUL 2009
... week. This could be interpreted as either the Australian Government does not want to add anymore to its mounting budget deficit or that the Treasurer is now more sanguine about the economy's future prospects. The correct answer is perhaps the Government ...

The market's next 800-pound gorilla

MICHELLE BALTAZAR  |  TUESDAY, 21 JUL 2009
... financing for the private sector over the next few years - particularly if more government bonds are issued to fund its budget deficit. Speaking at the ASFA lunch briefing yesterday, Hockey said the Government's run up in debt is excessive and raised ...

RBNZ could go zero

BENJAMIN ONG  |  MONDAY, 20 JUL 2009
... kick-start the economy. But the severe weakness in the economy has called into question the country's ability to repay this deficit. This doubt became manifest last Friday when Fitch Ratings revised NZ's credit outlook rating from stable to negative. ...

Meredith Whitney

BENJAMIN ONG  |  TUESDAY, 14 JUL 2009
... US$1.84 trillion when America's fiscal year ends in September - more than four times the previous year's US$459 billion deficit! If Wall Street wanted to drop, these certainly were good enough reasons to drop. But no Virginia. As I have been saying in ...

The times they are a'changin

BENJAMIN ONG  |  MONDAY, 13 JUL 2009
... optimism that has built up over the past three months. Likewise, what looked like good news was spun into bad. The US trade deficit narrowed to US$26 billion in May from US$28.8 billion in April as exports grew and imports fell. Under the "it was the ...

Market Wrap - Morning

AAP  |  MONDAY, 13 JUL 2009
... that recovery from the global recession remains distant. Ahead of Friday's opening, the US government said the US trade deficit had narrowed sharply in May to its lowest level in nearly a decade, led by a plunge in imported oil. The deficit fell nearly ...