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Showing 851 - 860 of 4302 results for "Bank of"

China vaccinates against corona

BENJAMIN ONG  |  MONDAY, 24 FEB 2020
... Apart from the government's drastic action at quarantining cities and regions infected by the virus, the People's Bank of China (PBOC) cut its benchmark one-year loan prime rate (LPR) by 10 basis points to 4.05% and the five-year rate from 4.8% ...

Chief economist update: Aussie employment rises... but so does our unemployment rate

BENJAMIN ONG  |  FRIDAY, 21 FEB 2020
... dollar dropped to as low as US$0.6610 - its lowest level since the GFC - as markets raised their bets that the Reserve Bank of Australia (RBA) would "need" to cut interest rates again soon... very soon, for this, Virginia, is as good as it gets. The ...

Chief economist update: Japan fails to learn from history (yet again)

BENJAMIN ONG  |  TUESDAY, 18 FEB 2020
... increases, leading to a recession that takes the government debt-to-GDP ratio even higher (now at 238% of GDP) Worse, the Bank of Japan's (BOJ) scope to lower interest rates has become limited or is no more. The BOJ discount rate was around 0.5% ...

Chief economist update: Australians not confident enough

BENJAMIN ONG  |  THURSDAY, 13 FEB 2020
... confidence index improved to -1 in January 2020 from a 6-1/2-year low of -2 in December 2019. It is likely that the Reserve Bank of Australia's (RBA) optimism has infected sentiment among businesses and consumers. Recall RBA Governor Philip Lowe's ...

Chief economist update: UK is now Bailey's baby

BENJAMIN ONG  |  TUESDAY, 11 FEB 2020
Bank of England (BOE) Governor Mark Carney's last days on the job would have gotten more press were it not for the more pressing concern of the coronavirus. To be sure, there was nothing noteworthy in Carney's final monetary policy committee ...

Chief economist update: Lowe puts Australia on high

BENJAMIN ONG  |  MONDAY, 10 FEB 2020
Drought, bushfires, coronavirus are among the risks Reserve Bank of Australia governor Philip Lowe nominated when he testified before the House of Representatives Standing Committee on Economics on the February 7. One day later, and Lowe would have ...

Chief economist update: Coronavirus threatens Tokyo Olympics

BENJAMIN ONG  |  FRIDAY, 7 FEB 2020
... the likelihood that Japan's Olympic hopes will be dashed - the 2020 Tokyo Olympics is set to commence on July 24. A Bank of Japan (BOJ) study, titled Economic Impact of the Tokyo 2020 Olympic Games, proclaimed that: "The government's target of ...

Bonds not out of the game

ELIZA BAVIN  |  TUESDAY, 4 FEB 2020
... managers appear to be taking a more active approach to investing in the current low-volatility environment, according to Bank of China's head of fixed income Mark Todd. Looking into the performance of the major bond funds form the last 12 months ...

Dealer group restructures leadership

ELIZABETH MCARTHUR  |  TUESDAY, 4 FEB 2020
... financial services, having worked at Financial Wisdom and AXA. He has also previously served ashead of financial planning at Bank of Melbourne. Michael Jones has been promoted to general manager, legal and compliance from his role as head of compliance ...

Chief economist update:China prepares anti-viral injection

BENJAMIN ONG  |  MONDAY, 3 FEB 2020
... surprisingly, markets are bracing for a big fall in China's stock market when it opens today. But the People's Bank of China (PBOC) is on top of this. Reuters reports that China's central bank said it will inject 1.2 trillion yuan ($174 billion) ...