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Showing 61 - 70 of 377 results for "Washington"

Chief economist update: RBA heading to zero

BENJAMIN ONG  |  WEDNESDAY, 7 AUG 2019
... its back-to-back 25 bps interest rate cuts in June and July. The re-escalation of the trade war between Beijing and Washington gave meat to its statement that "the increased uncertainty generated by the trade and technology disputes is affecting investment ...

Chief economist update: Australia needs a cheaper A$

BENJAMIN ONG  |  TUESDAY, 9 JUL 2019
... economy - our biggest export client - and the downward pressure exerted on it by Beijing's on-going trade war with Washington. Much will depend on the Fed - and its bias/action on the fed funds rate. The RBA would have to at least match the Fed's ...

Chief economist update: Iron ore on the up and up

BENJAMIN ONG  |  MONDAY, 1 JUL 2019
The way it's going, the rally in iron ore prices will keep on going and going. Iron ore prices ended the first half of 2019 at US$109.18/metric tonne, representing a 57.8% rally from the US$69.20 it fetched six months earlier. The world's largest ...

Chief economist update: Currency manipulators beware

BENJAMIN ONG  |  MONDAY, 27 MAY 2019
... Trump is not only by becoming rich but also by making his neighbours poorer. Not only is Trump "draining the swamp in Washington DC" as he pledged during his presidential campaign in 2016, he's also draining the tide that lifts all boats... including ...

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

BENJAMIN ONG  |  WEDNESDAY, 15 MAY 2019
... year's 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 ...

Chief economist update: Countdown to T-day

BENJAMIN ONG  |  FRIDAY, 10 MAY 2019
It's now 8pm in Washington. That's four hours until T-day (tariff Friday) - the time when US tariffs on about US$200 billion worth of Chinese goods are set to increase to 25% from 10%. Investors around the globe are holding their collective ...

Chief economist update: The tweet that reignited the trade war

BENJAMIN ONG  |  TUESDAY, 7 MAY 2019
... action - a negotiating ploy to get more from China - along with news that China's trade delegation would proceed to Washington (as scheduled) later this week. We'll soon find out... later this week. But if negotiations continue to head south ...

LICs defy franking credit refund changes

KARREN VERGARA  |  TUESDAY, 22 JAN 2019
... period. It made significant purchases in James Hardie Industries, Transurban Group, and reduced holdings in AGL Energy, Washington H. Soul Pattinson and Perpetual. Rainmaker data shows the LIC sector stood at $42 billion as at the end of September 2018 ...

Norwegian pension fund drops WHSP

HARRISON WORLEY  |  FRIDAY, 18 JAN 2019
Norges Bank decided its Government Pension Fund Global should drop Washington H. Soul Pattinson from its investment universe. Norges Bank's Government Pension fund Global has axed Washington H. Soul Pattinson from its investment universe based on recommendations ...

NAFTA's dead, welcome USMCA

BENJAMIN ONG  |  TUESDAY, 2 OCT 2018
... didn't offer any radical change on the treaty but merely a small incremental improvement. So much so that even the Washington Post likened it to "pouring old wines into new bottles." That may be, but according to the Washington Post's "Wonkblog" ...