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Economics

On A$ parity and dashed whispers

BENJAMIN ONG  |  FRIDAY, 16 OCT 2009
If everything continues to go the way it's going, the Australian dollar could very soon be trading one for one against the big one.

Market Wrap - Morning

AAP  |  FRIDAY, 16 OCT 2009
The Australian sharemarket is expected to open higher on Friday, with Wall Street again gaining ground amid banking sector corporate results and positive economic data.

Market Wrap - Midday

AAP  |  THURSDAY, 15 OCT 2009
The Australian sharemarket rallied to a one-year high in intra-day trading on Thursday, boosted by a strong offshore lead which lifted the local banking sector.

Carpe Diem

BENJAMIN ONG  |  THURSDAY, 15 OCT 2009
Pleasant surprises overnight made the Dow's reclamation of 10,000 real easy.

Market Wrap - Morning

AAP  |  THURSDAY, 15 OCT 2009
The Australian sharemarket is expected to open higher after Wall Street's main index breached the 10,000 point mark on better-than-expected corporate earnings reports.

Market Wrap - Midday

AAP  |  WEDNESDAY, 14 OCT 2009
The Australian sharemarket was moderately higher at noon, buoyed by the banks and energy stocks.

Show me the money

BENJAMIN ONG  |  WEDNESDAY, 14 OCT 2009
This time, investors might not be content to see cost reduction-driven profitability but demand to see actual revenue growth.

Market Wrap - Morning

AAP  |  WEDNESDAY, 14 OCT 2009
The Australian sharemarket is expected to open slightly lower after Wall Street stocks dropped after mixed corporate earnings reports.

Market Wrap - Midday

AAP  |  TUESDAY, 13 OCT 2009
The Australian sharemarket had extended its gains by noon, boosted by banking and commodity stocks, and following a positive lead from world markets overnight.

Doom dollar

BENJAMIN ONG  |  TUESDAY, 13 OCT 2009
Tourists could indeed find themselves computing their spending money in euros or in yens or in the Gulf Common Currency in the future.