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Showing 761 - 770 of 911 results for "Deficit"

Global recession coming?

BENJAMIN ONG  |  FRIDAY, 26 SEP 2008
... year. Japan -- also one quarter away from a technical recession -- is feeling the pain, as its trade balance went into deficit in August. This is the first time since January this year that the country's external balance was in deficit. However, excluding ...

Borrow from Peter to pay Paul

BENJAMIN ONG  |  TUESDAY, 23 SEP 2008
... Whatever the final bill - US$800 billion, US$900 billion, US$1 trillion - the effect on the effect will the same, a US budget deficit blow out. And with foreigners becoming edgy over the fate of the US financial system and the broader economy, they would ...

America on its knees

BENJAMIN ONG  |  THURSDAY, 18 SEP 2008
... system of the build up of excessive debt. But news overnight shows that debt continues to pile up, with the current account deficit growing by more than expected in the second quarter and now stands at around 3.5 per cent of GDP from about 1.5 per cent ...

Funny Mae, Froggy Mac

BENJAMIN ONG  |  TUESDAY, 9 SEP 2008
... these GSE's recover. The Treasury has promised US$200 billion - it could be more. A huge and rising government fiscal deficit implies only one thing - rising interest rates. Then we are back to square one. In addition, US homeowners are rapidly handing ...

Today's the day

BENJAMIN ONG  |  TUESDAY, 2 SEP 2008
... bad? Economic data released yesterday shows that domestic activity remains in good stead. Among them: The current account deficit narrowed to A$12.7 billion in the June quarter - the smallest deficit in three years -- from a record A$19.8 billion deficit ...

Pension deficits halts M&A activity

MICHAEL HOBBS  |  TUESDAY, 19 AUG 2008
... report that found the asset value FTSE 350 pension schemes had dropped from almost $30 billion at the end of March to a deficit of more than $100 billion at the end of June. As a result, pension liabilities of the median FTSE 350 company is estimated ...

Financial woes continue to haunt

BENJAMIN ONG  |  WEDNESDAY, 13 AUG 2008
... Federal Reserve will keep monetary policy on hold. The market paid little attention to US trade data which showed the deficit narrowing to US$56.78 billion in June from US$59.20 billion in the previous month - a plus for the economy - and instead focused ...

Fix contributions, then worry about fees: Keating

ALEX DUNNIN  |  WEDNESDAY, 6 AUG 2008
... banks would not be at the behest of those in New York if we had SGC at 15 per cent not 9 per cent." "Our current account deficit would be 3 per cent not 6 per cent." Keating said the low SGC level meant we missed the lift in national incomes and capital ...

US growth disappoints

BENJAMIN ONG  |  FRIDAY, 1 AUG 2008
... buoyant. Australia's trade balance rebounded to a surplus of A$411million in June, better than forecasts for A$100 million deficit. Even better, the ABS revised the May trade deficit lower from A$965 million A$253 million. This is a very good result ...

Boost savings and cut interest rates

ALEX DUNNIN  |  THURSDAY, 10 JUL 2008
... infrastructure projects. It would also play a significant role in reducing Australia's chronically high current account deficit, which seems perpetually stuck at around 6 per cent of GDP despite the 50 year peak in the terms of trade. Richard Gilbert ...