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

Search Results

Showing 61 - 70 of 440 results for "England"

Chief economist update: The UK's new plan... after two plans

BENJAMIN ONG  |  FRIDAY, 23 OCT 2020
... this year, that was itself followed by the "Winter Economic Plan" declared in late September. For its part, the Bank of England (BOE) has left the monetary policy door open for negative interest rates and more QE. The UK might be able to contain the ...

Chief economist update: COVID-19 returns to Europe with a vengeance

BENJAMIN ONG  |  MONDAY, 19 OCT 2020
... gatherings and curfews for bars and restaurants," it reads. "The UK's tiered mitigation system saw more parts of northern England, Northern Ireland and importantly, capital city London facing tighter curbs, which includes a ban on households socialising ...

Frydenberg bets on infrastructure for recovery

KARREN VERGARA  |  TUESDAY, 6 OCT 2020
... nation, Frydenberg pledged more funding that includes: $2.7 billion for New South Wales, including $603 million for the New England Highway Singleton Bypass and Bolivia Hill upgrade, and an additional $491 million for the Coffs Harbour Bypass; $1.1 billion ...

Chief economist update: Winter of Europe's discontent

BENJAMIN ONG  |  TUESDAY, 6 OCT 2020
"The sun did not shine. It was too wet to play. So we sat in the house. All that cold, cold, wet day." - Dr. Seuss They've had their fun in the sun but now, like it or not (certainly not), Europe could well have to sit it out and hibernate for the ...

Chief economist update: RBA negative on negative interest rate policy

BENJAMIN ONG  |  WEDNESDAY, 23 SEP 2020
... reduce these interest rates." The second negative interest rate wave speculation in Australia comes soon after the Bank of England (BOE) divulge in its September 17 Monetary Policy Committee (MPC) report that: "The MPC had been briefed on the Bank of ...

Chief economist update: Australia on top despite recession

BENJAMIN ONG  |  FRIDAY, 4 SEP 2020
... surrounding the pandemic - and recent reports of hiccups in the UK/Euro Brexit negotiations -- so much so that the Bank of England (BOE) and the Exchequer remain on their toes. The BOE kept the Bank Rate unchanged at its July meeting after it maintained ...

Chief economist update: UK plans for jobs

BENJAMIN ONG  |  THURSDAY, 9 JUL 2020
... investors' continued sense of caution amid the lingering uncertainty surrounding the pandemic so much so that the Bank of England (BOE) and the Exchequer remain on their toes. While the BOE kept the bank rate unchanged at a record low 0.1% at its ...

Chief economist update: COVID-19 nightmare makes Brexit a dream

BENJAMIN ONG  |  THURSDAY, 18 JUN 2020
... brought closer to home when now reigning Prime Minister Boris Johnson, himself, became infected with the virus. The Bank of England went to work. After keeping the Bank Rate steady at 0.75% since 2018, it chopped 50 basis points to it in an emergency ...

Chief economist update: Better than all the rest

BENJAMIN ONG  |  FRIDAY, 29 MAY 2020
... ¥117.1 trillion (US$1.1 trillion) -- taking total stimulus spending to ¥230 trillion (or about 40% of GDP); and Bank of England (BOE) governor forewarning that recovery in the UK could take longer than expected. Surprisingly, despite Australia's ...

Chief economist update: Annus horribilis with a vengeance

BENJAMIN ONG  |  FRIDAY, 8 MAY 2020
... know what the Latin term is for a year that's worse than "annus horribilis" but 2020 would be it. While the Bank of England (BOE) to keep monetary policy settings unchanged at its May meeting - the Bank Rate at a record low 0.1% and purchases at ...