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Economics

The Art of War

BENJAMIN ONG  |  THURSDAY, 19 NOV 2009
The Obama-Hu gabfest produced statements on climate change, terrorism, cultural exchanges, nuclear weapons, etc. But there was silence on exchange rates and interest rates.

Market Wrap - Morning

AAP  |  THURSDAY, 19 NOV 2009
The Australian share market has received mixed leads from overnight trading offshore, with Wall Street's key indices marginally lower, but commodities, including gold and oil, all higher.

Market Wrap - Midday

AAP  |  WEDNESDAY, 18 NOV 2009
The Australian stock market was stronger at noon on gains in the materials sector.

Ganging up on greenback

BENJAMIN ONG  |  WEDNESDAY, 18 NOV 2009
What's it going to be? A strong dollar or a weak dollar policy? The short answer a strong dollar in words, a weak one in deed.

Market Wrap - Morning

AAP  |  WEDNESDAY, 18 NOV 2009
Australian shares may open higher on Wednesday after the prices of crude oil and copper gained overnight, while a report showed inflation was unlikely to be a problem.

Market Wrap - Midday

AAP  |  TUESDAY, 17 NOV 2009
The Australian stock market was higher at noon after strength in the resources sector offset losses in financial stocks.

Battle of the bulge

BENJAMIN ONG  |  TUESDAY, 17 NOV 2009
"Significant challenges remain. The flow of credit remains constrained, economic activity weak and unemployment much too high. Future setbacks are possible."

Market Wrap - Morning

AAP  |  TUESDAY, 17 NOV 2009
The Australian sharemarket is likely to open higher on Tuesday after stronger than expected US retail sales sent stocks and commodities higher.

Market Wrap - Midday

AAP  |  MONDAY, 16 NOV 2009
The Australian share market was up more than half a per cent at noon, buoyed by mining and retail stocks.

Mickey money

BENJAMIN ONG  |  MONDAY, 16 NOV 2009
Walt Disney lives up to its reputation - that of cheering up depression. But is Wall Street now playing with Mickey Mouse Money?