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Economics

Recession over! Sigh!

BENJAMIN ONG  |  WEDNESDAY, 19 AUG 2009
The recovery has started. This is the world according to IMF chief economist Olivier Blanchard. Or read another way, the global recession is over.

Market Wrap - Morning

AAP  |  WEDNESDAY, 19 AUG 2009
The Australian share market has received generally positive leads from overnight trading, with all three key Wall Street indices finishing higher, along with oil and gold.

Market Wrap - Midday

AAP  |  TUESDAY, 18 AUG 2009
The Australian sharemarket was in the red at noon with the mining sector weighing on the local bourse and following a weak lead from Wall Street.

Don't let the bears out

BENJAMIN ONG  |  TUESDAY, 18 AUG 2009
Investors are squaring positions ahead of the "ber" months, especially the first two - September (historically the worst month for equities) and October (when major crashes occurred).

Market Wrap - Morning

AAP  |  TUESDAY, 18 AUG 2009
The Australian sharemarket is expected to open lower after Wall Street fell more than two per cent overnight.

Market Wrap - Midday

AAP  |  MONDAY, 17 AUG 2009
Profit takers and weaker commodity prices are taking their toll on the Australian share market, which lost 0.6 per cent in trading on Monday morning as banks and resources stocks sold off.

Fear not a rate rise

BENJAMIN ONG  |  MONDAY, 17 AUG 2009
While the US flips and flops between the negative and the positive, there is little doubt about the forward trajectory of the Australian economy and by extension, its equity market.

Market Wrap - Morning

AAP  |  MONDAY, 17 AUG 2009
The Australian sharemarket is expected to open lower after a fall on Wall Street on Friday and weaker commodity prices.

Market Wrap - Midday

AAP  |  FRIDAY, 14 AUG 2009
The Australian sharemarket was up at noon boosted by positive news from overseas and better than expected results during corporate profits season.

It's coming true

BENJAMIN ONG  |  FRIDAY, 14 AUG 2009
Equities in America (and most of the globe) continued to bask under the warm glow of the night before when the US Federal Reserve gave a positive assessment and outlook for the US economy.