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Economics

DC theatrics

BENJAMIN ONG  |  THURSDAY, 28 JUL 2011
While Washington's theatrics make for good headlines, it's still the stupid economy that, I say, got Wall Street's goose last night.

Market Wrap - Midday

AAP  |  WEDNESDAY, 27 JUL 2011
The Australian stock market was lower at noon after local inflation data sent the Australian dollar higher, and as the US debt ceiling stalemate continued.

Other play factors

BENJAMIN ONG  |  WEDNESDAY, 27 JUL 2011
The CPI is important if the Australian economy operates in vacuum. But it's not! Other factors come into play that could sweep Australia up and over or down and under.

Market Wrap - Morning

AAP  |  WEDNESDAY, 27 JUL 2011
The Australian share market is expected to decline after US stocks fell on a White House threat to veto legislation that would avert a US debt default.

Market Wrap - Midday

AAP  |  TUESDAY, 26 JUL 2011
Australian stocks were higher at noon, despite the failure by the United States to resolve its debt-ceiling stalemate, which dragged Wall Street lower overnight.

No way USA can't repay

BENJAMIN ONG  |  TUESDAY, 26 JUL 2011
It tells you that no one really believes the USA will no longer be AAA because it cannot pay its debts.

Market Wrap - Morning

AAP  |  TUESDAY, 26 JUL 2011
The Australian share market has received negative leads from offshore trading overnight, with markets falling as US policy-makers continue to search for a resolution of the country's immediate debt problem.

Market Wrap - Midday

AAP  |  MONDAY, 25 JUL 2011
The Australian stock market was lower at noon, extending losses from the morning as investors fretted over worries a potential US default.

Market Wrap - Morning

AAP  |  MONDAY, 25 JUL 2011
The Australian stock market is expected to open slightly higher today despite a mixed performance on United States markets on Friday.

Net-net, it's still good

BENJAMIN ONG  |  MONDAY, 25 JUL 2011
How will these dramas end? Some say investors will be reaching for their tissues when the final curtains fall. Others believe investors will be laughing (all the way to the bank).