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Economics

Some hope

BENJAMIN ONG  |  FRIDAY, 30 SEP 2011
There was some hopeful news out of the US last night.

Market Wrap - Morning

AAP  |  FRIDAY, 30 SEP 2011
The Australian market looks set to open higher, following the overnight trend of Wall Street.

Market Wrap - Midday

AAP  |  THURSDAY, 29 SEP 2011
Australian shares have fallen by 1.3 per cent due to negative offshore leads, with investors uncertain about a crucial vote on the Greek bailout package.

All eyes on Germany

BENJAMIN ONG  |  THURSDAY, 29 SEP 2011
Wall Street and European equity markets ended lower last night as the rumours that littered the previous day's gossip mills proved to be lies - pure, simple, damned lies.

Market Wrap - Morning

AAP  |  THURSDAY, 29 SEP 2011
The Australian market looks set to open lower, after sharp declines on Wall Street.

Market Wrap- Midday

AAP  |  WEDNESDAY, 28 SEP 2011
Australian shares were in positive territory at noon but had shed modest gains within hours of the open, as investors remained nervous ahead of a crucial vote on the next European bailout for debt-laden Greece.

Hope trade

BENJAMIN ONG  |  WEDNESDAY, 28 SEP 2011
Forget the risk on, risk off trade - what we're having now is the 'hope' trade.

Market Wrap - Midday

AAP  |  TUESDAY, 27 SEP 2011
Australian shares extended early gains at noon, with materials leading the market as commodity prices slowed their steady descent of recent weeks.

Sydney's financial centre ranking slips five places

ALEX DUNNIN  |  TUESDAY, 27 SEP 2011
Australia's push to become a significant regional financial centre appears to have stalled following the latest Global Financial Centre Index report that shows while Australia is improving its credentials, other cities are improving theirs more quickly.

Promises and plans

BENJAMIN ONG  |  TUESDAY, 27 SEP 2011
Financial markets rally on hope each time, only to be disappointed a few trading sessions later.