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Articles Written by: JACOB GREBER
Copyright © 2009, Arkansas Democrat-Gazette, Inc.
All rights reserved.
This document may not be reprinted without the express written permission of Arkansas Democrat-Gazette, Inc.
Material from the Associated Press is Copyright © 2009, Associated ...
AUSTRALIAN consumer confidence plunged this month by the most in more than two years, underscoring the need for Tuesday's central-bank decision to reduce borrowing costs by the most since a recession in 1992.
The sentiment index tumbled 11 percent ...
From JACOB GREBER,
Shanghai Daily,
8 Oct 2008
AUSTRALIA'S financial system is weathering global credit turmoil better than many others around the world as local banks cut lending, the central bank said yesterday.
"Notwithstanding this positive position, the Australian financial system has felt ...
From JACOB GREBER,
Shanghai Daily,
25 Sep 2008
AUSTRALIA'S home-building approvals fell in July, reinforcing central bank Governor Glenn Stevens' decision to cut borrowing costs for the first time in almost seven years yesterday.
The number of permits granted to build or renovate houses and ...
From JACOB GREBER,
Shanghai Daily,
2 Sep 2008
AUSTRALIA'S central bank signaled it may cut borrowing costs for the first time in almost seven years as slowing economic growth cools inflation.
"With demand slowing, the board's view is that scope to move towards a less restrictive stance of ...
From JACOB GREBER,
Shanghai Daily,
5 Aug 2008
AUSTRALIA'S economic growth rate will slow as the highest borrowing costs in 12 years and record gasoline prices force households to cut spending, central bank Governor Glenn Stevens said yesterday.
"While the inflation outlook remains concerning, ...
From JACOB GREBER,
Shanghai Daily,
1 Jul 2008
RESERVE Bank of Australia Governor Glenn Stevens, who has helped steer the nation's economy through 16 years of uninterrupted growth, is under fire for jeopardizing the expansion.
Politicians, retailers and one of his predecessors are accusing ...
From JACOB GREBER,
Shanghai Daily,
11 Apr 2008
AUSRRALIAN consumer confidence fell in April to the lowest since 1993, reinforcing the central bank's view that the highest interest rates in 12 years will slow the US$1 trillion economy.
The sentiment index dropped for a fourth month, falling 1.3 ...
From JACOB GREBER,
Shanghai Daily,
9 Apr 2008
Australia's inflation rate will recede from a 16-year high as economic growth cools, Reserve Bank Governor Glenn Stevens said yesterday.
He was speaking after a report said retail sales had fallen, reinforcing speculation that the central bank had ...
From JACOB GREBER,
Shanghai Daily,
4 Apr 2008
THE Reserve Bank of Australia has left interest rates unchanged for the first time in three months as it gauges fallout from a global credit squeeze that has forced central banks around the world to cut borrowing costs.
Governor Glenn Stevens kept ...
From JACOB GREBER,
Shanghai Daily,
1 Apr 2008
