Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW
Search ResultsShowing 1 - 10 of 100+ results for Benjamin Ong
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 ...
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: Eurozone at risk of double-dip
BENJAMIN ONG  |  MONDAY, 18 JAN 2021
The longer the Eurozone takes to get on top of the resurgence, the longer the lockdowns, the greater the risk of a double-dip recession. COVID-19 infections in Europe started re-appearing and multiplying sometime around October last year. The growth ...
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: The virus, the vaccine, the variant
BENJAMIN ONG  |  TUESDAY, 12 JAN 2021
"Just when you thought it was safe to go back in the water." - Jaws About this time last year, the world was alerted - but only mildly alarmed - at yet another SARS-like disease spreading in Wuhan, China (the first confirmed case reported on December ...
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) ...
Chief economist update: Government spending made money, saved money
BENJAMIN ONG  |  FRIDAY, 18 DEC 2020
The Morrison government has released its Mid-Year Economic Financial Outlook (MYEFO), proving the old saying 'You must spend money to make money' right. This quote, generally attributed to Roman playwright, poet and philosopher Titus Maccius ...
Chief economist update: Fed acts with inaction
BENJAMIN ONG  |  THURSDAY, 17 DEC 2020
The Fed's final act for the pandemic year 2020 was inaction. At the conclusion of its December FOMC meeting, the US Federal Reserve said: "The Committee decided to keep the target range for the federal funds rate at zero to 0.25% and expects it ...
PREVIOUS
NEXT
Link to something ZbyEaO0I