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Economics

The martyrdom of Greece

BENJAMIN ONG  |  TUESDAY, 14 FEB 2012
Greece is no hero, it's no legend - it's a martyr.

Market Wrap - Morning

AAP  |  TUESDAY, 14 FEB 2012
The Australian market looks set to open flat despite a positive lead from Wall Street after Greek politicians approved tough austerity measures for their debt-stricken nation.

Market Wrap - Midday

AAP  |  MONDAY, 13 FEB 2012
The Australian share market was largely positive as investors digested the impact of the Greek parliament's vote for austerity measures to secure an international bailout.

Bankruptcy could be bliss

BENJAMIN ONG  |  MONDAY, 13 FEB 2012
Bankruptcy is bliss. For how much worse would it be if Greece declares bankruptcy? It won't suffer much more, I imagine. Instead, the pain would migrate to those demanding more of it from Greece.

Market Wrap - Morning

AAP  |  MONDAY, 13 FEB 2012
The Australian market looks set to open almost half a per cent lower as jittery investors await the outcome of the Greek parliament's crucial vote on a 130-billion-euro ($A160 billion) bailout deal to stave off bankruptcy.

Market Wrap

AAP  |  FRIDAY, 10 FEB 2012
The Australian market opened marginally lower in quite trade on Friday, with gains in the gold and telecoms sectors offset by weakness among metals and minerals, and materials stocks.

Volatility is MIA

BENJAMIN ONG  |  FRIDAY, 10 FEB 2012
Looks like I got one of my calls for the year wrong.

Market Wrap - Morning

AAP  |  FRIDAY, 10 FEB 2012
The Australian market looks set to open higher following positive moves on Wall Street and most European markets after Greek ministers tentatively agreed on austerity measures needed for a 130-billion-euro ($A160 billion) bailout package.

Market Wrap

AAP  |  THURSDAY, 9 FEB 2012
The Australian share market has opened weaker with the stocks of major companies BHP Billiton and Telstra weighing on sentiment after weaker-than-expected profit results.

Enough of Greece

BENJAMIN ONG  |  THURSDAY, 9 FEB 2012
The current optimism currently prevailing in the financial markets - backed up by better-than-expected stats out of America and China and emerging markets - is negating worries over the ongoing Greek tragedy.