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Economics

Market Wrap - Midday

AAP  |  FRIDAY, 12 JUN 2009
The Australian share market was stronger at noon, led by the financial sector, on a third consecutive day of positive gains.

Spin-a-win

BENJAMIN ONG  |  FRIDAY, 12 JUN 2009
Big yawn! Overnight news out of Wall Street provided little fresh direction, just a continuation of the recent trend we have seen so far - that is, anyone could choose any number from last night's stats and spin it both ways.

Market Wrap - Morning

AAP  |  FRIDAY, 12 JUN 2009
The Australian share market is expected to open higher after US stocks and commodity prices, including gold, copper and oil, gained overnight.

Market Wrap - Midday

AAP  |  THURSDAY, 11 JUN 2009
The Australian share market rose in Thursday morning trade to reach fresh seven month highs, with the biggest gains in the resources sector.

Slippery - watch your step

BENJAMIN ONG  |  THURSDAY, 11 JUN 2009
So much money has to go somewhere. With almost all governments and central banks of the world pumping liquidity into the financial system, it comes as no surprise that some have flowed into commodities.

Market Wrap - Morning

AAP  |  THURSDAY, 11 JUN 2009
The Australian share market is expected to open little changed as the negative sentiment following falls in US stocks are offset by the positive sentiment generated by gains in the oil price.

Market Wrap - Midday

AAP  |  WEDNESDAY, 10 JUN 2009
A broad rally drove the Australian share market through the 4,000 level at noon, with most gains in the bank sector and in resources stocks on the back of higher commodity prices.

Fully sick

BENJAMIN ONG  |  WEDNESDAY, 10 JUN 2009
PAID! Ten big American banks will get this stamp on their TARP loans after the US Treasury approved their repayment of a combined US$68 billion of taxpayers' money.

Market Wrap - Morning

AAP  |  WEDNESDAY, 10 JUN 2009
Australian shares are expected to rise on Wednesday after commodity prices, including gold, oil and copper, gained in New York overnight.

Market Wrap - Midday

AAP  |  TUESDAY, 9 JUN 2009
Local banks pushed the Australian share market slightly higher at noon, after the United States Federal Reserve said major US banks that were ordered to raise capital had developed sufficient plans.