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Economics

Market Wrap - Morning

AAP  |  FRIDAY, 27 MAY 2011
The Australian market is expected to open marginally higher on Friday after Wall Street continued a recovery, although it ended relatively flat. Both oil and metals were mixed overnight.

Market Wrap

AAP  |  THURSDAY, 26 MAY 2011
The Australian stock market opened firmer on Thursday, after Wall Street ended a three-day losing streak to close moderately higher.

Just replace because with despite

BENJAMIN ONG  |  THURSDAY, 26 MAY 2011
Notwithstanding the increase in volatility over the past few sessions, financial markets remain optimistic -- cautiously optimistic perhaps but still optimistic.

Market Wrap - Morning

AAP  |  THURSDAY, 26 MAY 2011
The Australian market is expected to open higher on Thursday after Wall Street ended a three-day losing streak to close moderately higher. Oil and metals rose in overnight trade, too.

Market Wrap

AAP  |  WEDNESDAY, 25 MAY 2011
The Australian share market opened slightly lower, dragged down by European debt concerns but balanced by a surge in oil and energy stocks.

Diversified pension policy is best: OECD

ALEX DUNNIN  |  WEDNESDAY, 25 MAY 2011
National pension policy is a balancing act between adequacy and sustainability, a balancing act that G20 countries are finding increasingly difficult to maintain, reveals a major OECD report.

Never wrong

BENJAMIN ONG  |  WEDNESDAY, 25 MAY 2011
Wasn't this going to be another big one - the one where equities and commodities slid down the slippery slope of another meltdown and interest rates got carried up the stairway to heaven by escalating inflation and too much debt?

Market Wrap - Morning

AAP  |  WEDNESDAY, 25 MAY 2011
The Australian market is expected to open higher on Tuesday after Wall Street closed flat overnight while European and Asian markets generally were higher. Oil and metals rose.

Market Wrap - Midday

AAP  |  TUESDAY, 24 MAY 2011
Australian stocks were trading lower at noon, extending losses from the open with the financial sector under selling pressure due to concerns about European sovereign debt.

Judgment Day bargains

BENJAMIN ONG  |  TUESDAY, 24 MAY 2011
Time and time again, we learn that it's when fear is at its greatest that it's the time to go shopping for bargains.