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| | | Australian shares are set for a modestly stronger start after France and Germany called for a new EU treaty with tougher budgetary rules to deal with the eurozone debt crisis. Stocks markets rose on the proposal, but Wall Street pulled back on reports ... |
| | | | Australia's big four banks have been downgraded by ratings agency Standard & Poor's. The decision to lower Westpac, Commonwealth, ANZ and NAB issuer credit ratings from AA to AA- is part of the agency's recent shakeup of ratings criteria, which was ... |
| | | | The Australian market is set to open significantly higher as world markets surged on a move by six central banks to boost liquidity for banks weighed down by downgraded government debt. European markets rose by over three per cent and Wall Street is ... |
| | | | The Australian share market had moved into positive territory by noon as bank shares recovered from a weak opening. At 1220 AEDT on Wednesday, the benchmark S&P/ASX200 index was up 11.6 points, or 0.28 per cent, at 4,113.7, while the broader All Ordinaries ... |
| | | | Standard & Poor's has downgraded the ratings of major US banks, including Goldman Sachs, Wells Fargo, Citigroup, JPMorgan Chase, Morgan Stanley and Bank of America, by one notch. The ratings agency said it reviewed its ratings on 37 of the world's largest ... |
| | | | FIIG Securities has appointed Andrew Gordon as director, fixed income research at its Sydney office. Gordon will be responsible for analysing the fixed-income securities of Australian corporations and US banks for FIIG Securities' clients. Before joining ... |
| | | | SYDNEY - The Australian market looks set to open lower, after falls on the US and European markets overnight. At 0830 AEDT on Friday, the December share price index futures contract was down 51 points at 4,208. In economic news on Friday, the Commonwealth ... |
| | | | The Australian share market at noon had improved from a weak start to be only marginally lower, after significant falls on offshore markets overnight. At 1200 AEDT, the benchmark S&P/ASX200 index was down 2.6 points, or 0.06 per cent, at 4,244.8 points ... |
| | | | The Australian market looks set to open higher after Wall Street again rose more than one per cent. At 0632 AEDT on Friday, the December share price index futures contract was up 54 points at 4,122. In economic news on Friday, The Australian Industry ... |
| | | | The Australian share market is more than two per cent lower at noon amid global uncertainty following big falls on Wall Street after the US central bank downgraded its economic outlook. The big miners led the falls, with Rio Tinto shares shedding more ... |
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