Economic and Finance News

Sunday, March 21, 2010 - 22:40
   
Friday, March 19, 2010 - 12:29
BNP Paribas Securities Services has combined all of its global custody assets in-house onto a single Asia Pacific platform. Approximately 30 clients, 250 portfolios, over 15,000 securities and almost...
Sunday, March 14, 2010 - 23:07
The big economic news for the week was on the jobs front, with the February unemployment rate coming in at a seasonally adjusted 5.3 percent, up 0.1 percent on January.
Sunday, March 7, 2010 - 23:21
Westpac’s Business Indicators survey has confirmed the growing momentum for the Australian economy in the second half of 2009. Inventory levels rose fractionally for the second consecutive...
Sunday, February 28, 2010 - 22:30
The Reserve Bank of Australia is widely expected to return to its tightening policy and raise its cash rate by 25 basis points this week after more evidence on the strength of the economy. In a Dow...
Thursday, February 18, 2010 - 05:53
 Reserve Bank of Australia Governor Glenn Stevens has suggested the central bank’s cash rate could rise by up to 1 percentage point in the months ahead to best manage the economy’s...
Thursday, February 11, 2010 - 06:56
  Dr El-Erian, who was visiting Australia to participate in the Reserve Bank of Australia (RBA) Symposium, says that systemic crises, such as the GFC, tend to shock public finances in a...
Thursday, February 11, 2010 - 06:53
 Resourcehouse chairman Clive Palmer is standing by the safety of a US$60 billion 20-year coal supply contract with a Chinese company after confusion over the status of the deal. The deal to...
Friday, December 11, 2009 - 11:00
Shane Oliver, head of investment strategy and chief economist at AMP Capital Investors, summed up the past week, and looks ahead to the week commencing 14 December, as follows: The past week has seen...
Friday, December 4, 2009 - 18:24
RBA raised the cash rate by 25 basis points to 3.75 per cent, effective 2 December 2009. Thjs is the third consecutive month for an interest rate increase– the first time it has ever lifted...
Friday, November 27, 2009 - 11:00
In week ahead in Australia, the focus will be on the Reserve Bank’s interest rate decision. As Shane Oliver, AMP’s chief economist notes: “With the RBA indicating that a further...
Friday, November 27, 2009 - 11:00
This is how Shane Oliver, head of investment strategy and chief economist at AMP Capital Investors saw theweek ended 27 November 2009 While a string of upbeat economic data, positive news on profits...
Friday, November 20, 2009 - 11:00
Shane Oliver, head of investment strategy and chief economist at AMP Capital Investors summed up the week ended 20 November 2009 as follows in a note to clients: The past week has seen mixed economic...
Saturday, October 17, 2009 - 11:00
The Federal Treasurer’s office notes that the following pieces of data will be published this week: the UK’s GDP outcome for the September quarter, Australian Bureau of Statistics data on...
Friday, November 20, 2009 - 11:00
AMP Capital Investors’ chief economist Shane Oliver made these observations for the coming week: In the week ahead, US data for consumer confidence, home sales, house prices and durable goods...
Wednesday, November 18, 2009 - 15:32
The debate on accounting treatment of financial instruments is still far from resolved, with international standard setters working furiously to develop a raft of new rules, writes Bernard Kellerman.
Wednesday, November 18, 2009 - 11:01
While monetary policy decisions taken in Washington can still influence emerging markets, their future growth may not be driven by the US economy, write Richard Yetsenga* and David Bloom*.
Tuesday, November 10, 2009 - 13:28
The startling race towards parity by the Australian dollar against the US dollar demonstrates the importance of commodity prices on currency rates, writes Bernard Kellerman. By mid-October, the AUD/...
Tuesday, November 17, 2009 - 15:31
One of the more puzzling monopolies in Australia, the ASX's power to effectively regulate competition out of sight, was dismantled with a sweep of a ministerial pen, reports Bernard Kellerman.
Tuesday, November 17, 2009 - 15:02
Some finance professionals are developing ways to fund the massive costs that will be incurred if the shift to a low carbon economy is to be achieved, writes Bernard Kellerman. Climate bonds, which...
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