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Economics

Market Wrap - Morning

AAP  |  MONDAY, 30 NOV 2009
The Australian sharemarket is expected to open stronger after a lift in European markets following the Dubai debt shock and after it became clear that Dubai's debt had had limited impact on local stocks.

Market Wrap - Midday

AAP  |  FRIDAY, 27 NOV 2009
Australian shares have plunged in the wake of the government of Dubai asking for a six-month debt moratorium for its investment vehicle, Dubai World.

Posh playground turns sandpit

BENJAMIN ONG  |  FRIDAY, 27 NOV 2009
"Standstill" is how you say debt default in Arabic or Urdu.

Market Wrap - Morning

AAP  |  FRIDAY, 27 NOV 2009
The Australian markets have received strong, negative leads from overseas for trading on Friday, despite Wall Street being closed for a holiday.

Market Wrap - Midday

AAP  |  THURSDAY, 26 NOV 2009
Australian shares was marginally in the red at noon on thin trading, after a positive start following better than expected jobs data in the US overnight.

Small thanks

BENJAMIN ONG  |  THURSDAY, 26 NOV 2009
A trifecta of good news received only small thanks from Wall Street.

Market Wrap - Morning

AAP  |  THURSDAY, 26 NOV 2009
The Australian sharemarket has received positive leads into Thursday trading, as Wall Street posted gains on positive jobs and home sales data.

Market Wrap - Midday

AAP  |  WEDNESDAY, 25 NOV 2009
There was little movement on the Australian sharemarket at noon with trading in the US slowing down for Thanksgiving on Thursday.

Yamashita's treasure

BENJAMIN ONG  |  WEDNESDAY, 25 NOV 2009
US$1,170.30 per troy ounce. This is how much gold - the commodity, the physical metal - is currently fetching in international markets. Chances are it would go higher and it is now creating problems.

Market Wrap - Morning

AAP  |  WEDNESDAY, 25 NOV 2009
The Australian sharemarket is set to open flat with Wall Street closing slightly lower on weak economic data.