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Economics

Market Wrap - Midday

AAP  |  MONDAY, 18 JUL 2011
The Australian market was lower at noon, with energy and consumer discretionary stocks down, particularly News Corporation, offsetting gains among healthcare and gold-linked companies.

Market Wrap - Morning

AAP  |  MONDAY, 18 JUL 2011
The Australian market is expected to open higher after US stocks rose in the last hour of trading after Google said its revenue hit a record last quarter.

You can't handle the truth

BENJAMIN ONG  |  MONDAY, 18 JUL 2011
If it's too good to be true, it's usually a stretch. There was good news - fantabolous news --out of debt-drowning Europe after the close of last week's trading.

Market Wrap - Midday

AAP  |  FRIDAY, 15 JUL 2011
The Australian sharemarket remained weaker at noon as BHP Billiton led losses in the resource sector and retailers continued to drop in value.

Market Wrap - Morning

AAP  |  FRIDAY, 15 JUL 2011
The Australian share market is set for a weaker start today as debt concerns in the United States and Europe saw markets fall despite some positive US economic news.

QE3 - yes, no, maybe

BENJAMIN ONG  |  FRIDAY, 15 JUL 2011
Wall Street dropped last night because they didn't like what came out of Sir Ben's mouth on his second day of testimony on Capitol Hill. But he was just being a responsible central banker.

Market Wrap - Midday

AAP  |  THURSDAY, 14 JUL 2011
A significantly wounded retail sector continued to bleed the Australian share market into the red at noon on Thursday.

Market Wrap - Morning

AAP  |  THURSDAY, 14 JUL 2011
The Australian share market is set for a slightly higher start after China's economic growth and comments from the US Federal Reserve that it is prepared to renew stimulus fuelled gains overseas.

Knights in shining armour

BENJAMIN ONG  |  THURSDAY, 14 JUL 2011
China and Ben saves the day.

Market Wrap - Midday

AAP  |  WEDNESDAY, 13 JUL 2011
The Australian dollar jumped higher at noon following stronger-than-expected China GDP data.