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Showing 1 - 10 of 67 results for "Asian Financial Crisis"

Rest switches up recruitment focus

ELIZABETH FRY  |  FRIDAY, 24 MAR 2023
... was the riskiest time ever." He should know. Starting his career in 1994, Lill had a ringside seat to the Asian financial crisis, the Asian currency crisis, the tech-crash and the global financial meltdown. Yet, he argues that the current environment ...

'We're living in the world China is making': Conference

ANDREW MCKEAN  |  WEDNESDAY, 27 APR 2022
... Australia's largest trading partner and helped to buttress Australia against the global financial crisis and the Asian financial crisis before that. Grant said that Australia like the rest of the world was clamouring for China's riches and was ...

Chief economist: Thank you, Putin

BENJAMIN ONG  |  THURSDAY, 24 FEB 2022
... will recover and even proceeded to record new all-time highs. This, despite "hiccups" brought on by the Asian financial crisis of 1997/98; the dotcom bust in 2000; the global financial crisis in 2008/09; and, the European sovereign debt crisis of 2010/13. ...

Chief economist update: Japan to double down on stimulus?

BENJAMIN ONG  |  MONDAY, 15 MAR 2021
... five minutes of sunshine. Japan's economy has risen and fell through the 1990-91 recession, the 1997 Asian financial crisis, the 2001 US recession, the 2007-2009 Great Recession, the 2010-2012 European sovereign debt crisis and lately, the 2020 COVID-19 ...

The great fall of China

BENJAMIN ONG  |  MONDAY, 20 APR 2020
... China's double-digit GDP growth (at the time) shielded Australia from the Great Recession of 2008/09 and the Asian financial crisis a decade earlier. China's slow early return to business as usual offers hope that Australia may be able to again skip ...

Chief economist update: AUD depreciation no cure for coronavirus

BENJAMIN ONG  |  THURSDAY, 2 APR 2020
... shielding the domestic economy from worries galore. The AUD/US sank from US$0.80 to below US$60 during the Asian financial crisis in 1997, that was quickly followed by the Russian debt default and the collapse of Long-term Capital Management (LTCM) in ...

Chief economist update: Water, water everywhere and not a fish to catch

BENJAMIN ONG  |  THURSDAY, 19 MAR 2020
... can't travel... and nothing to buy! But just as the world overcame other crises in the past - GFC, Asian financial crisis, Japan's deflation in the early 1990s, the 1987 crash, stagflation in the 70s and, of course, the Great Depression of the ...

Stopping SG is nuclear response to COVID-19

ELIZABETH MCARTHUR  |  THURSDAY, 12 MAR 2020
... contributions in economically tough times has some merit - and some precedence. In 1998 in response to the Asian Financial Crisis the Singapore government did just that. "In Singapore, compulsory contributions into their Central Provident Fund (CPF) ...

Chief economist update: The virus, the trade deal and the AUD

BENJAMIN ONG  |  MONDAY, 17 FEB 2020
... shielding the Australian economy from global volatility. The A$/US$ sank from US$0.80 to below US$60 during the Asian financial crisis; it fell from around US$0.65 to US$0.49 during the US recession in 2001 and following the September 11 attacks of the ...

The AUD is key

BENJAMIN ONG  |  MONDAY, 18 NOV 2019
... inferring that it has not fallen enough this time. "The A$/US$ sank from US$0.80 to below US$60 during the Asian financial crisis; it fell from around US$0.65 to US$0.49 during the US recession in 2001 and following the September 11 attacks of the same ...
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