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Showing 81 - 90 of 695 results for "GDP growth"

Chief economist update: China on my mind

BENJAMIN ONG  |  THURSDAY, 14 JAN 2021
... monetary support provided a parachute to falling domestic economic activity so much so the Treasury upgraded its 2020-21 GDP growth forecast to an expansion of 0.75% (MYEFO) from a contraction of 1.5% foreseen in the October Budget - leading to a lower ...

Chief economist update: Government spending made money, saved money

BENJAMIN ONG  |  FRIDAY, 18 DEC 2020
... has been found in the pudding in the Australian government's budget update, MYEFO, with the upward revision in GDP growth forecasts and downward revisions in the outlook for the unemployment rate and future budget deficits. Spend and intervened the ...

Chief economist update: Fed acts with inaction

BENJAMIN ONG  |  THURSDAY, 17 DEC 2020
... survey, the economy is still expanding. This backs up the Fed's latest economic projections, where it upgraded its GDP growth forecasts to -2.4% in 2020 (from -3.7% forecast in September), +4.2% in 2021 (from 4.0%), and 3.2% in 2022 (from 3.0%). ...

Man GLG launches Asia strategy

ANNABELLE DICKSON  |  TUESDAY, 8 DEC 2020
... have undergone significant structural improvements over the last two decades and these, coupled with high levels of GDP growth, have provided fertile ground for companies to prosper," he said. "Despite this, they remain relatively under-researched and ...

Chief economist update: Australia is out

BENJAMIN ONG  |  THURSDAY, 3 DEC 2020
... but using the internationally-accepted and widely-used measure of a recession - two consecutive quarters of negative GDP growth - Australia is technically out of it. The Australian Bureau of Statistics reported the domestic economy rebounded by 3.3% ...

Chief economist update: Vaccine optimism sparks AUD resurgence

BENJAMIN ONG  |  WEDNESDAY, 18 NOV 2020
... "It is certainly possible that the economy will do better than this baseline scenario." "That baseline scenario is GDP growth of "5% next year and 4% over 2022...the unemployment rate "to rise further over coming months to a little below 8%" before gradually ...

Chief economist update: RBA does the limbo rock

BENJAMIN ONG  |  WEDNESDAY, 4 NOV 2020
... these latest reductions in upgrading its forecasts. "In Australia, the economic recovery is under way and positive GDP growth is now expected in the September quarter, despite the restrictions in Victoria. It will, however, take some time to reach the ...

Chief economist update: The recession is over

BENJAMIN ONG  |  WEDNESDAY, 28 OCT 2020
... quarter, following contractions of 0.8% and 13.2% in the March and June quarters, respectively. Vietnam's annual GDP growth rate has strengthened to 2.6% in the September quarter from 0.4% in the previous one. New Zealand and Taiwan - also in Australia's ...

Chief economist update: Middle Kingdom on top

BENJAMIN ONG  |  TUESDAY, 20 OCT 2020
... have suffered recession in 2020" and backed by the IMF's October 2020 "World Economic Outlook" predicting Chinese GDP growth of 1.9% this year and 8.2% in 2021. The sequential improvement in China's activity stats indicate sustained upward momentum ...

AAA rating holds on by a thread

ELIZA BAVIN  |  WEDNESDAY, 7 OCT 2020
... drivers of the revised outlook were the sharp GDP contraction and the deterioration of public finances. "Fitch's latest GDP growth forecast of -3.6% reflects the resurgence of the virus in Victoria that has resulted in heightened social distancing measures ...