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

Search Results

Showing 71 - 80 of 609 results for %22World Economic Outlook%22

Chief economist update: The second oil price discounting wave

BENJAMIN ONG  |  WEDNESDAY, 9 SEP 2020
... factories in lockdown at the time, the planet is drowning in oil. The many of restrictions in many economies around the world, especially in China, in the second quarter of this year, and the OPEC+ cuts in production, sent oil prices higher. WTI oil ...

Chief economist update: Australia succumbs to pandemic-induced recession

BENJAMIN ONG  |  THURSDAY, 3 SEP 2020
... on the US and the subsequent recession there in 2001, and the Global Financial Crisis of 2008 that subsequently put many world economies into a recession. But now it's all over. A teenie-weenie microscopic organism has ended the Australian economy's ...

COVID-19 propels advisers, incumbents into the future

ALLY SELBY  |  MONDAY, 31 AUG 2020
... and efficiently," he said. The report, he believes, is a call-to-action for insurance and wealth giants from around the world to invest in technology. The report had five key findings, the first of which is that financial advisers remain the most efficient ...

Vision Super revises investment strategy

ELIZA BAVIN  |  TUESDAY, 25 AUG 2020
... rates. "When Vision Super reviewed our strategy this year we took into account the extremely low rates of interest around the world," Wyrsch said. "Low rates mean that returns for fixed interest look like they will continue to be very low, even out to ...

Chief economist update: Worse news is better news

BENJAMIN ONG  |  THURSDAY, 20 AUG 2020
... buy orders are more now than they were pre the coronavirus pandemic and the negative impact it's having on the US and world economies. US GDP growth plunged at an annualised rate of 32.9% in the June 2020 quarter on top of the 5.0% drop in the first ...

Chief economist update: The RBA's lullaby

BENJAMIN ONG  |  WEDNESDAY, 5 AUG 2020
... Earth, the outlook is "dependent on containment of the virus". As with all other government and central banks around the world, "the economy is being supported by the substantial, coordinated and unprecedented easing of fiscal and monetary policy" which ...

Gold rally continues to hit new highs

ALLY SELBY  |  THURSDAY, 30 JUL 2020
... investors realistically evaluate the changes of a sustained equity market recovery compared to the possibility that the world may be entering the first great depression of the 21st century," he said. Oliver believes gold's record highs have a weakening ...

Chief economist update: Gold 2000

BENJAMIN ONG  |  WEDNESDAY, 29 JUL 2020
Gold prices have already been on the up and up last year, buoyed by major world central banks' about face towards a more accommodative policy - led by the US Federal Reserve's interest rate cuts (July, September and October 2019). Gold prices ...

Chief economist update: Australian outlook under COVID-19

BENJAMIN ONG  |  FRIDAY, 24 JUL 2020
... GDP) in FY 2019/2020, projecting it to grow to A$184.5 billion (9.7% of GDP) this fiscal year - the biggest deficit since World War II. Then again, nary an Australian is faulting the government of the day for this. Without the government's pandemic ...

Chief economist update: Victoria's secret

BENJAMIN ONG  |  MONDAY, 6 JUL 2020
... cases, three new ones and 22 deaths. Still, this is way better when compared with the top three infected countries in the world. To date, the US has recorded total infections of 2,979,920, 41,522 new cases, and 132,551 deaths; Brazil's got 1,603,055 ...