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Economics

Greece's bundle of debt

BENJAMIN ONG  |  FRIDAY, 5 JUN 2015
The repercussions of the IMF-imposed austerity measures were much the same as what Greece is current going through - economic recession, Indonesia's sovereign credit rating junked, rising unemployment, stock market sell-off, social upheaval and street ...

Australian market to open lower

AAP  |  FRIDAY, 5 JUN 2015
The Australian market looks set to open lower, following losses on Wall Street overnight.

ASX lower for fourth day

AAP  |  THURSDAY, 4 JUN 2015
The share market is in negative territory again, putting it on track for its fourth straight day of losses.

Market to open higher

AAP  |  THURSDAY, 4 JUN 2015
The Australian market looks set to open higher, following gains on Wall Street.

Banks lead Australian market lower

AAP  |  WEDNESDAY, 3 JUN 2015
The Australian share market is trading lower as investors continue to grapple with the Reserve Bank of Australia's position on interest rates.

Mocking Maastricht

BENJAMIN ONG  |  WEDNESDAY, 3 JUN 2015
Debt levels of this magnitude certainly make a mockery of one of the underpinnings that glue the eurozone together - the Maastricht Treaty that limits member states' debt to 60% of GDP and deficit to 3.0% of GDP.

Market to open higher

AAP  |  WEDNESDAY, 3 JUN 2015
The Australian stock market looks set to open higher following gains in commodity prices overnight.

Shares fall ahead of RBA rate call

AAP  |  TUESDAY, 2 JUN 2015
The share market has opened lower ahead of the Reserve Bank's interest rate decision.

US data says...

BENJAMIN ONG  |  TUESDAY, 2 JUN 2015
There were US data a-plenty released overnight and Wall Street was at best... confused - the S&P 500 index gained 0.2% (later than sooner lift-off) but yields on 10-year US Treasuries rose to 2.18% from 2.12% and the US dollar index appreciated by 0.6% ...

Market to open higher

AAP  |  TUESDAY, 2 JUN 2015
The Australian market looks set to open higher following gains on Wall Street overnight.