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Economics

Market Wrap - Midday

AAP  |  THURSDAY, 17 NOV 2011
The Australian share market at noon had improved from a weak start to be only marginally lower, after significant falls on offshore markets overnight.

Market Wrap - Morning

AAP  |  THURSDAY, 17 NOV 2011
SYDNEY - The Australian market looks set to open higher, despite world stock markets coming under pressure as the eurozone debt crisis continues to push most European government borrowing costs dangerously higher.

Europe push-US pull

BENJAMIN ONG  |  THURSDAY, 17 NOV 2011
Volatility will continue to reign in financial markets as we remain caught in the middle of the US economic re-acceleration-Europe debt dilemma tug o' war.

Market Wrap - Midday

AAP  |  WEDNESDAY, 16 NOV 2011
Australian shares were marginally higher at noon as a positive lead from the US was counterbalanced by continued worries about Europe's debt problems.

Market Wrap - Morning

AAP  |  WEDNESDAY, 16 NOV 2011
The Australian dollar was slightly higher as the increased cost of borrowing for European governments weighed on market sentiment.

Reverse contagion

BENJAMIN ONG  |  WEDNESDAY, 16 NOV 2011
Most fear a contagion emanating from Europe -- it's easier to see the obvious after all -- but it could also be that stronger US growth that'll spread a reverse contagion.

Market Wrap - Midday

AAP  |  TUESDAY, 15 NOV 2011
SYDNEY- Australian stocks were in negative territory at noon, with the nation's big retail banks and major miners leading the broader market lower.

Perspective not perplexing

BENJAMIN ONG  |  TUESDAY, 15 NOV 2011
Putting things in perspective this way makes it clear that it's really not a bad outcome as some are making it to be.

Market Wrap - Morning

AAP  |  TUESDAY, 15 NOV 2011
SYDNEY - The Australian market looks set to open lower, following the overnight lead of Wall Street and the European markets.

Economist and former EU commissioner appointed Italian PM designate

CLAIRE MCGREAL  |  MONDAY, 14 NOV 2011
Europe has heaved a collective sigh of relief with the news former EU commissioner Mario Monti will take over the reigns as Italy's new designate leader, following the resignation of disgraced prime minister Silvio Berlusconi last week.