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

Search Results

Showing 761 - 770 of 1438 results for "Recession"

Market down 5%: Resources look ugly

MARK STORY  |  TUESDAY, 28 AUG 2012
... "Looking at June half growth, market net profits are estimated to be down 5% on pcp, the worst growth since the global recession," Deutsche Bank noted. Down 40bps on full year 2011, instead of falling 10bps as expected, margins, were the big disappointment ...

Market Wrap

AAP  |  TUESDAY, 28 AUG 2012
... downgrading its 2010 and 2011 growth figures, showing it barely recovered from the last downturn before plunging anew into recession. The euro bought $US1.2516, compared with $US1.2512 in New York late on Friday. HONG KONG - Asian stocks mostly edged ...

100% world recession

BENJAMIN ONG  |  MONDAY, 27 AUG 2012
... CNBC, he repeated the "gloom and doom" call he made last May, warning that there's a 100% chance the world heads into recession. Then again, this is the same doctor who said pronounced on 8 June 2012 that, "I think a global bear market has begun and ...

Fall on the Wall

BENJAMIN ONG  |  FRIDAY, 24 AUG 2012
... expansion/contraction mark which, according to Markit, "reinforces the prevailing view of the economy dropping into recession during the third quarter of 2012" and that, "Taken together, the July and August readings would historically be consistent with ...

Fear for financial future reigns

MARK STORY  |  WEDNESDAY, 22 AUG 2012
Australian employees are more wary of job security and their future financial wellbeing than their fellow workers in recessionary countries, according to new Towers Watson research. Results from its latest Global Workforce Study (GWS) reveal that more ...

Bad news sells

BENJAMIN ONG  |  THURSDAY, 16 AUG 2012
... gloomier, according to the AFR, "Westpac chief economist Bill Evans said the only comparable period of gloom since the recession of the early 1990s was during 2000-01 and 2008-09." "The Australian" added that, the August number is "the sixth consecutive ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 15 AUG 2012
... Germany and France, which are feeling the pinch from the long-running debt crisis that has pushed much of Europe into recession. WELLINGTON - The NZX 50 index climbed 13.91 points, or 0.4 per cent, to 3608.88.

Known knowns

BENJAMIN ONG  |  THURSDAY, 9 AUG 2012
... on their books - and how many banks and financial institutions were affected, when no one knew how deep the economic recession would be and whether or not the powers that be would have the will and the ways to resuscitate growth and confidence. We didn't ...

Market Wrap

AAP  |  THURSDAY, 9 AUG 2012
... Paris's CAC 40 gave up 0.43 per cent to 3,438.26 amid a forecast from the central bank the country would likely enter a recession. Madrid shed 0.84 per cent, as Milan gained 0.07 per cent. The European euro dipped to $US1.2373 from $US1.2401 late in ...

Generations split on what causes sleepless nights

MARK STORY  |  WEDNESDAY, 8 AUG 2012
... of confidence in financial markets and the global economy post-GFC, with 19% of Baby Boomers still concerned about a recession in Australia or overseas."