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Economics

Brazilian CB might need to stop shaving

BENJAMIN ONG  |  THURSDAY, 28 FEB 2013
Perhaps it's time the Philippines replace Brazil in the BRICs grouping. But then this would spell rude.

Market Wrap

AAP  |  THURSDAY, 28 FEB 2013
The Australian market looks set to open higher after a strong showing on Wall Street and European bourses rebounded on better-than-expected bond auctions in Italy.

Market Wrap

AAP  |  WEDNESDAY, 27 FEB 2013
The Australian share market continued to rise in morning trade after a strong session on Wall Street and the release of mostly encouraging earnings reports locally.

Market Wrap

AAP  |  WEDNESDAY, 27 FEB 2013
The Australian market looks set to open higher after a positive performance on Wall Street buoyed by upbeat earnings results and after Federal Reserve chairman Ben Bernanke said US economic growth had rebounded from the fourth quarter.

Bernanke pours liquid over Roman burn

BENJAMIN ONG  |  WEDNESDAY, 27 FEB 2013
It caused a pause in the markets' too-fast too-high run and it weeded out those who were not true believers, paving the way for a healthier move higher.

Market Wrap

AAP  |  TUESDAY, 26 FEB 2013
The Australian sharemarket has opened almost 1.5 per cent weaker as former Italian prime minister Silvio Berlusconi's strong electoral showing sparked fears of eurozone instability.

Fear is here

BENJAMIN ONG  |  TUESDAY, 26 FEB 2013
Wall Street dropped big time overnight. Thank goodness for that.

Market Wrap

AAP  |  TUESDAY, 26 FEB 2013
The Australian market looks set to open lower, following Wall Street's downward lead after Italian election exit polls indicated a coalition may be needed.

Market Wrap

AAP  |  MONDAY, 25 FEB 2013
The Australian sharemarket has opened higher as investors continue to chase high yielding stocks.

Moody's downgrade drives demand for Aus bonds

BEN COLLINS  |  MONDAY, 25 FEB 2013
Demand for Australian bonds has grown stronger after ratings agency Moody's downgraded Britain's credit rating, leaving global investors with one less top-rated economy.