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

Search Results

Showing 61 - 70 of 392 results for "Beijing"

Chief economist update: RBA heading to zero

BENJAMIN ONG  |  WEDNESDAY, 7 AUG 2019
Trump's latest tat (branding Beijing a currency manipulator) for China's tit (allowing the yuan to fall below the psychological threshold of CNY7.0/US$1) highlights just how determined the US president is to win the trade war. Yes Virginia ...

Chief economist update: Look out below

BENJAMIN ONG  |  TUESDAY, 6 AUG 2019
... all this time for China to allow market forces to restore equilibrium in its economy. Note that, the powers that be in Beijing have controlled the currency's exchange rate for fear of being officially branded by America as a "currency manipulator" ...

Chief economist update: Australia needs a cheaper A$

BENJAMIN ONG  |  TUESDAY, 9 JUL 2019
If it were posted on Facebook, Wall Street would have "unliked" the strong US non-farm payrolls report for June - up a bigger-than-expected 224,000 from 72,000 in May. Meanwhile, the unemployment rate ticked up to 3.7% from 3.6% in May, remains near ...

Chief economist update: Iron ore on the up and up

BENJAMIN ONG  |  MONDAY, 1 JUL 2019
... buys more than 65% of total imports) to thank for this, and perhaps US President Donald Trump and his war on trade with Beijing. There's no denying Washington's increased tariffs on imports from China has had deleterious effects on the Chinese ...

Chief economist update: BOE going the wrong way?

BENJAMIN ONG  |  TUESDAY, 11 JUN 2019
... America's southern neighbour. But POTUS being Trump, he's exploited this "win" to issue fresh tariff threats versus Beijing (and indirectly to all other countries that trades with America). Trump might get what he wants from the Fed too. For ...

Chief economist update: US recession in the offing

BENJAMIN ONG  |  MONDAY, 3 JUN 2019
... given Trump's latest bombshell comes in the midst of its escalating trade war with China. According to Bloomberg, Beijing has readied plans to restrict rare earth exports to America with Reuters reporting: "China's Commerce Ministry... will draft ...

Chief economist update: It'll hurt me more than it hurts you

BENJAMIN ONG  |  FRIDAY, 24 MAY 2019
If very, very recent history is any guide, US President Donald Trump would soon be tempering his trade war tweets versus China. Trump did so early this year - prompting financial markets and economic and business agents to expect that a trade deal is ...

Chief economist update: Fairy tales can come true

BENJAMIN ONG  |  MONDAY, 20 MAY 2019
... expectations that the trade war escalation between the US and China would prompt greater stimulative policy responses from Beijing. ScoMo will get to have his cake and eat it too!

Chief economist update: Japan becomes collateral damage in US-China trade war

BENJAMIN ONG  |  WEDNESDAY, 15 MAY 2019
... 2.7% appreciation. Safe haven purchases of the yen following the resumption of trade hostilities between Washington and Beijing sent the Japanese currency higher by 1.8% from the previous week, so much so it's year-to-date depreciation has turned ...

Chief economist update: A tariff for a tariff

BENJAMIN ONG  |  TUESDAY, 14 MAY 2019
"If your opponent is temperamental, seek to irritate him. Pretend to be weak, that he may grow arrogant. If he is taking his ease, give him no rest." - Sun Tzu, The Art of War Trump must be fuming and scratching his golden hair. Not that China retaliated ...