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Economics

Irish luck unlocked

BENJAMIN ONG  |  MONDAY, 20 JAN 2014
Irish eyes are smiling again. Moody's Investors Services has lifted Ireland's- which exited the euro bailout on 15 December -- debt rating back to investment grade.

Market Wrap

AAP  |  FRIDAY, 17 JAN 2014
The Australian stock market is lower, with strong gains in resources stocks offset by falls elsewhere.

Fear not the fugly jobs report

BENJAMIN ONG  |  FRIDAY, 17 JAN 2014
Oh-em-gee! RBA Governor Glen Stevens must do something now! Lower 'em cash rate a bit more!

Market Wrap

AAP  |  FRIDAY, 17 JAN 2014
The Australian market looks set to open flat after disappointing earnings from Citigroup and Best Buy's poor holiday sales pulled Wall Street back from its previous day's solid gains.

Market Wrap

AAP  |  THURSDAY, 16 JAN 2014
Australian stocks are extending their gains on the back of a second day of rallies on US and European markets.

There's the good news and the good news

BENJAMIN ONG  |  THURSDAY, 16 JAN 2014
This isn't how it's supposed to be? there's good news all around that it's giving me a chill this, another scorcher, of a day in Melbourne.

Market Wrap

AAP  |  THURSDAY, 16 JAN 2014
The Australian market looks set to open higher following a strong performance on Wall Street after the World Bank said the global economy was at a turning point.

Market Wrap

AAP  |  WEDNESDAY, 15 JAN 2014
Australian shares have bounced back from Tuesday's losses, thanks to a positive lead from Wall Street.

Big fall one day, up and away the next

BENJAMIN ONG  |  WEDNESDAY, 15 JAN 2014
The happier news is that despite falling participation rate - down to a multi-decade low of 62.6% in December - retail spending continues to increase.

Market Wrap

AAP  |  WEDNESDAY, 15 JAN 2014
The Australian market looks set to open higher after Wall Street gained strongly in part on the back of better-than-expected earnings at JPMorgan Chase and Wells Fargo.