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Economics

Market Wrap - Midday

AAP  |  FRIDAY, 16 SEP 2011
Australian shares extended their early gains at noon, with the market almost two per cent higher as investors become optimistic that European leaders are approaching a resolution of the Eurozone debt crisis.

Dangerous currents

BENJAMIN ONG  |  FRIDAY, 16 SEP 2011
Global equity markets rallied following news that the European Central Bank, in coordination with the US Federal Reserve, the Bank of England, the Bank of Japan and the Swiss National Bank, is extending liquidity to banks in the Eurozone.

Market Wrap - Morning

AAP  |  FRIDAY, 16 SEP 2011
NEW YORK - US stocks got a boost Thursday despite poor domestic economic data after major central banks joined hands to ensure US dollar liquidity to Europe's embattled banks.

Market Wrap - Midday

AAP  |  THURSDAY, 15 SEP 2011
Australian shares were up more than 1.5 per cent by noon, but had shed some of their earlier gains as the initial enthusiasm of buyers waned.

Asian counterweight

BENJAMIN ONG  |  THURSDAY, 15 SEP 2011
The ADB's conclusion: Growth will remain healthy in the region despite global woes.

Market Wrap - Morning

AAP  |  THURSDAY, 15 SEP 2011
The Australian market looks set to open higher today following gains on Wall Street overnight and halting Wednesday's losses.

Market Wrap - Midday

AAP  |  WEDNESDAY, 14 SEP 2011
Australian shares were slightly higher at noon but had shed some of their early gains, with investors awaiting firmer direction on the Greek debt crisis.

Find me that silver bullet

BENJAMIN ONG  |  WEDNESDAY, 14 SEP 2011
The final resolution to this European sovereign debt saga must be found and found quickly - or it'll continue to sap confidence out of you, me and Irene.

Market Wrap - Morning

AAP  |  WEDNESDAY, 14 SEP 2011
The Australian market looks set to open modestly higher, following in the footsteps of US stocks.

Market Wrap

AAP  |  TUESDAY, 13 SEP 2011
The Australian share market rallied in opening trade on a solid Wall Street lead, with energy and large cap stocks leading the market higher.