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Economics

Double boo boo on Wall Street

BENJAMIN ONG  |  TUESDAY, 3 JUN 2014
According to ISM, "The error resulted when the software incorrectly used the seasonal adjustment factor from the previous month".

Market wrap AM

AAP  |  TUESDAY, 3 JUN 2014
The Australian share market is set to open higher after a solid report on US manufacturing activity lifted Wall Street to new record highs.

ASIC budget cuts send the wrong message: Greens

LAURA MILLAN  |  MONDAY, 2 JUN 2014
Cuts to the funding of the Australian Securities and Investments Commission (ASIC) send the wrong message to would-be criminals, Greens Senator Peter Whish-Wilson said.

Market wrap

AAP  |  MONDAY, 2 JUN 2014
The Australian share market is off to a mixed start for the week.

Losing shine

BENJAMIN ONG  |  MONDAY, 2 JUN 2014
Gold's losing its shine. Gold's no longer golden. The yellow metal's spot price dropped to US$1,248.56 an ounce - down by 3.3% on the week and down 3.1% on the month and... down 34.2% from its all-time high of US$1,898.25 an ounce on 5 September 2011.

Market Wrap AM

AAP  |  MONDAY, 2 JUN 2014
The Australian share market is set to open lower due to falls in commodity prices at the end of last week.

Market wrap

AAP  |  FRIDAY, 30 MAY 2014
The Australian share market has opened slightly lower as weak iron-ore prices and concerns China's softening economy overshadows Wall Street's new highs.

So bad it's good

BENJAMIN ONG  |  FRIDAY, 30 MAY 2014
It's much worse than the 0.5% decline that, according to the spinmeisters, got Wall Street suffering an attack of the heebie jeebies. It's even worse than the lowest guess for a 0.8% contraction.

Market wrap AAP

AAP  |  FRIDAY, 30 MAY 2014
The Australian share market is set to open higher after Wall Street stocks closed at a record high.

Market wrap

AAP  |  THURSDAY, 29 MAY 2014
The share market has recovered most of its early losses to be relatively flat.