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Showing 741 - 750 of 823 results for "Central banks"

Spring springs on Wall Street

BENJAMIN ONG  |  WEDNESDAY, 11 MAR 2009
... in crisis and crying doom and gloom. By the same token, the end has already begun. It began when governments and central banks took aggressive action to ease the credit squeeze that is choking the global financial system. Positive signs that these are ...

Let them have soup

BENJAMIN ONG  |  FRIDAY, 6 MAR 2009
... by 50 basis points to record lows of 0.5 per cent and 1.5 per cent, respectively. The realisation that even the central banks of Europe, like the Fed and the BoJ, would soon be pushing on a string - if not already - was further hammered home by the ECB's ...

Nationalisation - that ugly word

BENJAMIN ONG  |  MONDAY, 23 FEB 2009
... previous measure where it accepts lower-grade corporate debt as collateral for loans to its banks. Elsewhere in Asia, central banks are lowering interest rates like never before. South Korean interest rates are down to a record low of 2 per cent, while ...

The biggest loser

BENJAMIN ONG  |  MONDAY, 16 FEB 2009
... counterparts, the Eurozone economy is contracting and the outlook for this year is non-the-brighter. But while the central banks of the US, Japan and the UK raced to the zero interest rate line, the European Central Bank (ECB) appears seemingly nonchalant ...

Worst of the worst

BENJAMIN ONG  |  FRIDAY, 30 JAN 2009
... reach zero. Gilts too would fall to historical lows as in the US. In efforts to stop the hemorrhage, like most other central banks, the Bank of England (BoE) has brought its base lending rate to 1.5 per cent as 2008 became 2009. This level of interest ...

Confidence yardstick rises

MICHELLE BALTAZAR  |  WEDNESDAY, 21 JAN 2009
... in July to 48.2 points last month. But the turnaround in confidence comes at a time when most, if not all, of the Central Banks around the world have lowered interest rates or handed hundred-billion dollar bail-outs to the financial sector, particularly ...

Cognacs and chocolates

BENJAMIN ONG  |  THURSDAY, 15 JAN 2009
... have been Hillary?' The multi-billion dollars worth of stimuli, measures, handouts and packages already spent by central banks and national governments around the world - and more to come - may not have the immediacy the global financial community is ...

2009: The lost year

BENJAMIN ONG  |  TUESDAY, 13 JAN 2009
... million dollar (trillions of dollars in the case of the US) question of whether the aggressive interest rate cuts by central banks around the world and the fiscal stimuli by national governments would eventually succeed in reviving confidence and put ...

Bad tidings we bring

BENJAMIN ONG  |  MONDAY, 12 JAN 2009
... proved for sure that it was. Data coming out of the US, Europe and Asia were all worse than expected. As in 2008, central banks scrambled to contain the fallout by reducing interest rates. First off the rank this year is the Bank Of England (BoE) which ...

China syndrome

BENJAMIN ONG  |  THURSDAY, 11 DEC 2008
... of the world. This could bring about a nasty turn of events. Just as the lenders of last resort - the major world central banks - are running low on ammunition, the consumer of last resort is now sputtering. Exports account for around 40 per cent of ...