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Economics

Desert storm

BENJAMIN ONG  |  FRIDAY, 25 FEB 2011
It's therefore perfectly sane for financial markets to seek cover in defensive assets until the dust settles. The Jasmine Revolution did not stop in Tunisia and Eqypt... chances are it won't also end in Libya.

Market Wrap - Morning

AAP  |  FRIDAY, 25 FEB 2011
The Australian dollar was higher on Friday morning, on the back of encouraging Australian investment data and a higher oil price.

Market Wrap

AAP  |  THURSDAY, 24 FEB 2011
The Australian stock market opened lower after world equity markets slumped as investors worried about higher oil prices due to violent unrest in Libya.

Sentiment slips on oil

BENJAMIN ONG  |  THURSDAY, 24 FEB 2011
Oil as we know it ladies and gents is the lifeblood of all economies the price of which has topped US$100 a barrel last night.

Market Wrap - Morning

AAP  |  THURSDAY, 24 FEB 2011
The Australian dollar was slightly lower as political uncertainty in Libya continues to sour market sentiment and drive commodities currencies lower.

Market Wrap - Midday

AAP  |  WEDNESDAY, 23 FEB 2011
Solid results from companies including Coca-Cola Amatil and WorleyParsons have limited declines on the Australian sharemarket after heavy falls in US equities overnight.

Bad news bear

BENJAMIN ONG  |  WEDNESDAY, 23 FEB 2011
It's all too easy to come out gloom and doomy when headlines are littered with bad news.

Market Wrap - Morning

AAP  |  WEDNESDAY, 23 FEB 2011
The Australian market is likely to fall after equity markets around the world slumped as investors worried about the increasingly violent unrest in Libya.

Market Wrap - Midday

AAP  |  TUESDAY, 22 FEB 2011
The Australian share market was weaker at noon with the market responding to unrest in Libya and rising oil prices.

1989 redux

BENJAMIN ONG  |  TUESDAY, 22 FEB 2011
Oil prices are rocketing again... as should be expected. They'll go even higher if the rolling people power protests heads into the major oil producers' turf in the mideast.