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| | | Oh boy, oh boy, oh boy. Have you seen this morning's headline on theage.com.au? "'Ugliest' of times ahead." It's all about the World Bank's latest Global Economic Prospects report that, "signalled a downturn so severe it would eclipse the chaos that ... |
| | | | Australian shares have turned lower after disappointing consumer confidence data and as fresh profit downgrades from insurers and retailers weigh on the market. Shares in Wesfarmers were largely flat at $30.57 after the diversified group said it expected ... |
| | | | Schettino: "In this moment, the boat is tipping... Commander, please..." De Falco: "No, please. You now get up and go on board..." Schettino: "I am here with the rescue boats, I am here, I am not going anywhere, I am here..." This is my personally mouse-clicked ... |
| | | | It's a brand new year, yet why does it feel that times are not a-changin'? The problems of 2011 merely just got carried over into 2012. And if you believe those start of the year forecasts, the times could even be a-changin' for the worse - and the ... |
| | | | The Australian dollar has continued its slide downwards, following a growing sense of forboding around the issue of eurozone government debt. At 0700 AEDT the Australian dollar was trading at 98.95 US cents, down from 100.16 cents on Wednesday. Westpac ... |
| | | | The Australian dollar has dropped slightly after some negative commentary about the eurozone government debt crisis. At 0700 AEDT the Australian dollar was trading at 100.27 US cents, down from 100.83 at 1700 on Tuesday. HiFX senior trader Stuart Ive ... |
| | | | Australian shares are lower as warnings from two ratings agencies overnight wiped out optimism that Europe's debt crisis may be nearing a resolution. Monday's gains were wiped out after Moody's Investors Service said it would review the credit ratings ... |
| | | | The Australian share market is expected to open lower after Moody's Investors Service doused investor optimism when it said it would review all the credit ratings of all European nations following last week's fiscal pact to solve the eurozone financial ... |
| | | | "Tell him he's dreaming." Twelve days to Christmas and by the looks of it Europe's dream of appeasing one and all, including themselves, remains just that - a fantasy. All three credit rating agencies came out last night to deliver their verdict on ... |
| | | | You're all pigs now! It's just as well that the Reserve Bank of Australia (RBA) cut interest rates when they did -- the RBA lowered the official cash rate to 4.25% from 4.5% yesterday. It may have taken the Financial Times report leaking that Standard ... |
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