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Economics

Moody's does an S&P

BENJAMIN ONG  |  THURSDAY, 25 AUG 2011
Less than three weeks after Standard and Poor's downgrade of the US' credit-rating from AAA to AA+, Moody's slashed Japan's sovereign credit rating yesterday.

Market Wrap - Midday

AAP  |  WEDNESDAY, 24 AUG 2011
The Australian share market was higher at noon, but gains fell back from the open as investors awaited firmer direction from a global meeting of central bankers after the market closes on Friday.

Good news from bad stats

BENJAMIN ONG  |  WEDNESDAY, 24 AUG 2011
When you're happy and you know it - click on the buy button.

Market Wrap - Morning

AAP  |  WEDNESDAY, 24 AUG 2011
The Australian dollar gained half a US cent as hopes grew that the US central bank would launch a third round of economic stimulus.

Market Wrap - Midday

AAP  |  TUESDAY, 23 AUG 2011
Australian shares were higher at noon, extending gains from early trading as investors were optimistic a speech by the US Federal Reserve chairman would support the market.

Fed policy options galore

BENJAMIN ONG  |  TUESDAY, 23 AUG 2011
Big Benny has answered this 'no more Fed options' questions long before it became an issue.

Market Wrap - Morning

AAP  |  TUESDAY, 23 AUG 2011
The Australian dollar was slightly higher on Tuesday, following a positive lead from Wall St and precious metals overnight.

Market Wrap - Midday

AAP  |  MONDAY, 22 AUG 2011
Australian shares were up at noon on the back of positive earning reports and takeover announcements, despite opening lower following a weak lead from Wall Street.

Market Wrap - Morning

AAP  |  MONDAY, 22 AUG 2011
The Australian dollar is slightly higher as optimism grows that the Eurozone will issue its own bonds in a bid to ease sovereign debt crisis.

Willing America into a dip

BENJAMIN ONG  |  MONDAY, 22 AUG 2011
If financial markets ask hard enough, they might just get the double-dip they ask for.