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Economics

Market Wrap - Morning

AAP  |  FRIDAY, 9 DEC 2011
Australian shares are set to fall as world markets dropped ahead of a crucial meeting of European leaders.

Sovereigns need not apply

BENJAMIN ONG  |  FRIDAY, 9 DEC 2011
The fresh prince of the ECB, Mario Draghi officially ended weeks of gossip that it's gonna mint fresh euros.

Market Wrap

AAP  |  THURSDAY, 8 DEC 2011
Australian shares slipped after disappointing employment data added to an already negative trend as doubts linger over the outcome of a crucial eurozone debt crisis summit.

Market Wrap - Morning

AAP  |  THURSDAY, 8 DEC 2011
Australian shares are set to fall after German and French officials lowered expectations for a deal to save the euro at thisweek's European summit.

Waiting to exhale 5

BENJAMIN ONG  |  THURSDAY, 8 DEC 2011
It's Plan Numero Five this time. And like the anticipation that went before Plans 1-4, there are rumours, gossips, leaks, statements and counter-statements about what would eventually be announced, investors wait with bated breaths.

Market Wrap - Midday

AAP  |  WEDNESDAY, 7 DEC 2011
The Australian dollar rose following the release of data showing the national economy grew strongly in the September quarter.

Market Wrap - Morning

AAP  |  WEDNESDAY, 7 DEC 2011
Australian shares are set to rise as Wall Street bounces back from losses caused by Standard & Poor's threat to downgrade the credit ratings of most eurozone members.

PIGS!

BENJAMIN ONG  |  WEDNESDAY, 7 DEC 2011
They're still considered the "masters of the universe", the three-letter marks they assign to governments and institutions still considered the be-all and end-all of investment grading.

Market Wrap - Midday

AAP  |  TUESDAY, 6 DEC 2011
Australian shares are lower, breaking their six-day winning streak after Standard and Poor's warned 15 eurozone members of possible credit downgrades due to the region's deepening debt crisis.

RBA right to cut rates and correct to hold

BENJAMIN ONG  |  TUESDAY, 6 DEC 2011
Rate cut or rate on hold - the RBA will be correct either way.