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Economics

Market Wrap

AAP  |  MONDAY, 16 JAN 2012
Australian shares have opened lower after a downgrade of nine of the European bloc countries' credit ratings sparked a fresh wave of risk aversion ahead of more Chinese data this week.

The times, they're not a -changin'

BENJAMIN ONG  |  MONDAY, 16 JAN 2012
If you believe those start of the year forecasts, the times could even be a-changin' for the worse - and the best that could be hoped for is modest global growth.

Market Wrap - Morning

AAP  |  MONDAY, 16 JAN 2012
The Australian market looks set to open lower after ending last week in positive territory.

Market Wrap - Midday

AAP  |  FRIDAY, 16 DEC 2011
Australian stocks gained about half a per cent, breaking a three-day losing streak, as positive data from the US spurred hopes that the world economy may have some life yet.

2011: hits and misses

BENJAMIN ONG  |  FRIDAY, 16 DEC 2011
Next year will be the "Year of the Dragon". A year thought to symbolise vitality, power and wealth.

Market Wrap - Morning

AAP  |  FRIDAY, 16 DEC 2011
The Australian share market is expected to open stronger on the back of a strong lead from overseas equities, helped by some strong US and German economic data.

HK tops US as most advanced financial economy

ALEX DUNNIN  |  THURSDAY, 15 DEC 2011
The Hong Kong special administrative region has overtaken the US as the world's most developed financial economy, according to the World Economic Forum's 2011 Financial Development Report, the first time an Asian region has lead the index.

Market Wrap - Midday

AAP  |  THURSDAY, 15 DEC 2011
Australian stocks extended their losses as a slew of downgrades to European banks and fears that France may soon follow sent offshore bourses tumbling overnight.

Market Wrap - Morning

AAP  |  THURSDAY, 15 DEC 2011
The Australian dollar has continued its slide downwards, following a growing sense of forboding around the issue of eurozone government debt.

Chinalising Europe

BENJAMIN ONG  |  THURSDAY, 15 DEC 2011
Euro bonds? ECB money printing? Closer fiscal integration? Perhaps Europe only needs a Sino-style politburo to rid itself of the crisis.