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Economics

No Grexit, no Cyprexit

BENJAMIN ONG  |  WEDNESDAY, 20 MAR 2013
The point is that it's Cyprus turn to hold the troika by the cojones. The PIGS have done it so why couldn't they? The troika blinked when much larger sums were involved, what Cyprus is asking for is just loose change.

Market Wrap AM

AAP  |  WEDNESDAY, 20 MAR 2013
The Australian market looks set to open lower following falls on European bourses as Cyprus' international bailout appeared close to unravelling.

Market Wrap PM

AAP  |  TUESDAY, 19 MAR 2013
The Australian share market has opened higher amid views that investors over-reacted to Europe's debt problems with heavy sell-offs on Monday.

Market Wrap

AAP  |  TUESDAY, 19 MAR 2013
The Australian market looks set to open higher despite overnight falls on international markets with investors spooked following Cyrpus' bailout plans that include a deposit tax.

So stupid it could actually make money

BENJAMIN ONG  |  TUESDAY, 19 MAR 2013
At the end of the day, it's just a replay of what we've been witnesses to since 2010. Euro officials announce a plan to solve the debt crisis, markets think it's stupid and sells off, authorities back down and go for plan B or plan C...until they find ...

Market Wrap PM

AAP  |  MONDAY, 18 MAR 2013
The Australian market has fallen by almost 1.5 per cent due to concerns about a bailout of Cyprus and falls on Wall Street.

Ripples from a pebble

BENJAMIN ONG  |  MONDAY, 18 MAR 2013
The developing story in Cyprus suggests that hiding savings under the proverbial mattress might be safer than keeping them in banks.

Market Wrap

AAP  |  MONDAY, 18 MAR 2013
The Australian market is set for weak start after Wall Street's long run of consecutive gains came to a halt on Friday.

Jobs a-plenty but not if Gillard could help it

BENJAMIN ONG  |  FRIDAY, 15 MAR 2013
The surge in employment was unequivocal with all measures on the up and up.

Market Wrap

AAP  |  FRIDAY, 15 MAR 2013
The Australian market is set for a strong start to trade with encouraging jobs figures in the United States helping Wall Street post its longest winning streak in more than 16 years.