The money-market squeeze that rocked Chinese banks last month may reduce credit growth this year by as much as US$122 billion, Bloomberg reported, citing a survey conducted by the news service. The figure represents the median estimate of ...
Tags: Credit Growth
China edged its way toward a credit crunch last week, spooking investors, businesses, analysts – and perhaps more than anyone – the banks themselves. Liquidity in the country's money market appeared to suddenly dry up after a ...
Tags: Risky Economy, credit crunch
The Australian dollar continued to fall today, sparking the biggest one-day sell-off in government bonds since the turmoil in global markets that followed the collapse of US investment bank Lehman Brothers in late 2008. Bond traders said ...
In the credit policy issued, RBI has not touched the Key rates and unchanged. In a reaction to RBI's monetary policy, Dr.A. Sakthivel, Chairman - AEPC said Industry has been disappointed with RBI's Stand. Apparel SMEs were expecting a ...
Tags: India, Apparel&Accessories, AEPC
Australian businesses will keep cutting their spending this year, with expectations for capital investment, employment and new credit set to fall further. The deteriorating outlook for the September quarter suggests that despite pockets ...
ANZ Bank's better than expected half-year result yesterday was the trigger for a buying scramble in the big four banks that single-handedly pushed Australia's major sharemarket index up 65 points, or 1.2 per cent, to a five-year high of ...
Fewer executives are planning to make a capital investment in their business during the coming months, with investment expectations among Australian businesses fading in the lead-up to the middle of the year. Amid a broad drop-off in ...
In February this year, the China HSBC Flash Manufacturing Purchasing Managers Index (PMI) decreased to 50.4, indicating a four-month low and comparing to the final value of 52.3 recorded in January, as announced by the HSBC. The new ...
The Australian dollar fell sharply yesterday after The Wall Street Journal exclusively reported a warning on the outlook for the Australian economy issued by ratings firm Standard & Poor's. At 5pm AEDT, the dollar was buying $US1.0406, ...
Tags: Aussie dollar, Australian economy, dollar
The Australian dollar fell sharply after The Wall Street Journal reported a warning on the outlook for the Australian economy issued by ratings firm Standard and Poor's. At 5pm AEDT the dollar was buying $US1.04, down from $US1.0470 in ...
Tags: Dollar, Australian economy, investment
Cost cutting is tipped to continue to be the focus of Australian companies when they release earnings results next month with investors looking for a more disciplined approach to growth plans after recent job losses and writedowns. ...
Strong Chinese manufacturing data was not enough to shake the Australian dollar from its slumber yesterday, with traders glued to any news from Washington as talks over the so-called fiscal cliff went down to the wire. The Aussie ...
Tags: Aussie dollar, Washington, negotiations, fiscal cliff
South Africa’s trade deficit narrowed in February from a three-year high in the previous month as vehicle and machinery exports climbed. The shortfall eased to 7.5 billion rand ($976 million) from 13.5 billion rand in January, the ...
Tags: market view, machinery
1. stick to the main position. The best way to deal with the crisis adhere to the industry, continue to strengthen the core competitiveness of the main industry. Personally believe that the stone industry, "Enhancing strength" of is much to ...
Tags: Stone