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Economics

Market Wrap - Midday

AAP  |  WEDNESDAY, 18 MAY 2011
The Australian share market reversed direction to rise slightly higher to noon on Wednesday, boosted by the major banks.

Nobody wins against the Fed

BENJAMIN ONG  |  WEDNESDAY, 18 MAY 2011
The bad news just keep piling up don't they? And from the looks of them, they're everywhere.

Market Wrap - Midday

AAP  |  TUESDAY, 17 MAY 2011
The Australian dollar was around a third of a US cent lower, as minutes from the central bank's May board meeting suggested a rate rise was not as imminent as the market was expecting.

Seeing evil, hearing evil

BENJAMIN ONG  |  TUESDAY, 17 MAY 2011
Another day, another down trading day - on Wall Street and in Europe overnight and chances are, it would be a down day in Asia too -- if they follow the blind leaders.

Market Wrap - Morning

AAP  |  TUESDAY, 17 MAY 2011
The Australian market is expected to open lower on Tuesday, following falls on Wall Street in both commodities and equities.

Market Wrap

AAP  |  MONDAY, 16 MAY 2011
The Australian stock market has opened more than one per cent lower following a weak result in the US on Friday night and as Westpac shares went ex-dividend.

Market Wrap - Morning

AAP  |  MONDAY, 16 MAY 2011
The Australian market is likely to decline on Monday after US equities fell about one per cent and the price of gold and some base metals declined.

Straus-Kahn stress

BENJAMIN ONG  |  MONDAY, 16 MAY 2011
It wasn't a surprise that despite the daily sharp ups and downs on Wall Street, US equities closed not far below zero last week.

Market Wrap

AAP  |  FRIDAY, 13 MAY 2011
The Australian market has recovered slightly in opening trade on Friday, following a recovery on Wall Street in both commodities and equities.

Equity and commodity alignment

BENJAMIN ONG  |  FRIDAY, 13 MAY 2011
Why oh why does Wall Street continue to insist that rising commodity prices - particularly that of crude oil - is good for its health?