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Showing 931 - 940 of 9313 results for "economics"

Chief economist update: Iron ore is hot

BENJAMIN ONG  |  WEDNESDAY, 20 JAN 2021
The price of iron ore continues to rise and rise. It's up by another 9.1% in the first half of the first month of 2021 to US$169.97/metric tonne after soaring by 70.3% last year, sending it closer to the record high of US$191.70/metric tonne it ...

Key finance figures in Biden Cabinet

ELIZA BAVIN  |  TUESDAY, 19 JAN 2021
... notable finance industry veterans nominated to help his administration lead the nation. The first, and most notable in the economics world is Janet Yellen, whom Biden has nominated to lead the US Treasury. Yellen is the former US Federal Reserve governor. ...

Chief economist update: Japan's second state of emergency

BENJAMIN ONG  |  TUESDAY, 19 JAN 2021
Japan may need to spend more to mitigate the expected slowing in consumption and business activity following the declaration of the second state of emergency. The worst of the pandemic appeared to have passed when Yoshihide Suga took over from Shinzo ...

Chief economist update: Yuan the victim of China's success

BENJAMIN ONG  |  FRIDAY, 15 JAN 2021
The Chinese yuan has seen a sharp appreciation, leading major Chinese news outlets to report that the government would be relaxing rules to make it simpler to settle the currency internationally. 'Twas less than one and a half years ago that the ...

Chief economist update: China on my mind

BENJAMIN ONG  |  THURSDAY, 14 JAN 2021
The All Ordinaries index finished 2020 with a gain of 0.7%. Nothing to write home to mother about, especially compared with the 16.3% and 16.0% surge in the S&P 500 and the Nikkei-225, respectively, over the same period. However, the local bourse's ...

Chief economist update: COVID with a vengeance

BENJAMIN ONG  |  WEDNESDAY, 13 JAN 2021
Brexit is over. But even before the UK and the EU shook hands on the post-Brexit trade and cooperation pact on 24 December 2020 and before the ink on the signatures of European Commission President Ursula von der Leyen, European Council President Charles ...

Chief economist update: No pandemic on Wall Street

BENJAMIN ONG  |  MONDAY, 11 JAN 2021
Pandemic? What pandemic? The S&P500 index the Dow Jones Industrial Average closed 2020 at record highs despite the US topping the list of countries with most total cases of coronavirus infections (21.3 million or roughly 25% of the world's total) ...

Challenger to buy industry-fund-owned bank

KANIKA SOOD  |  WEDNESDAY, 23 DEC 2020
... and bigger than what the guidance this morning suggest. "In short, CGF is set to offer term deposits under the same economics and asset and liability structure as its current term annuities," Sotiriou said. "To be clear, CGF is set to offer term deposits ...

Chief economist update: Government spending made money, saved money

BENJAMIN ONG  |  FRIDAY, 18 DEC 2020
... generally attributed to Roman playwright, poet and philosopher Titus Maccius Plautus (254 BC - 184 BC), along with Keynesian economics, which prescribes government intervention (or spending) to mitigate the drop in aggregate demand in times of recessions ...

Industry fund called out over board diversity initiatives

KARREN VERGARA  |  THURSDAY, 17 DEC 2020
... companies it invests in. Rest, with 1.8 million members of which 60% are women, was grilled at a Standing Committee on Economics hearing into superannuation in November by MP Andrew Leigh, who questioned why board diversity initiatives take a backseat. ...