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Economics

Market Wrap - Morning

AAP  |  MONDAY, 23 MAR 2009
The Australian share market is expected to open slightly lower after US stocks, gold and copper fell on Friday.

Beggar thy neighbour

BENJAMIN ONG  |  MONDAY, 23 MAR 2009
2009 will be the Year of Africa if Pope Benedict the XVI has his way. Chances are, given the way the global community is now suffering from its greed-infected wounds, he may not have long to wait.

Market Wrap - Midday

AAP  |  FRIDAY, 20 MAR 2009
The Australian stock market was flat at noon, with gains in resources and energy stocks offset by losses in the financial sector.

Go for gold

BENJAMIN ONG  |  FRIDAY, 20 MAR 2009
The US Federal Reserve's announcement that it is releasing freshly minted greenbacks worth US$1.25 trillion to rescue the convulsing economy threatens the return of high inflation when the current global financial crisis is but a painful memory.

Market Wrap - Morning

AAP  |  FRIDAY, 20 MAR 2009
The Australian share market is expected to open marginally higher on Friday despite a fall in US stocks overnight.

Market Wrap - Midday

AAP  |  THURSDAY, 19 MAR 2009
The Australian stock market was higher at noon, boosted by the financial sector, and following a rally on Wall Street after the Federal Reserve announced plans to revive the US economy.

Fresh mint

BENJAMIN ONG  |  THURSDAY, 19 MAR 2009
Last night the US Federal Reserve made Wall Street an offer it could not refuse - 1.25 trillion freshly minted greenbacks.

Market Wrap - Morning

AAP  |  THURSDAY, 19 MAR 2009
The Australian share market is expected to open higher after Wall Street shares rallied after the Federal Reserve announced its plan to buy $US1 trillion ($A1.51 trillion) of bonds in a bid to pull the US economy out of a severe recession.

Market Wrap - Midday

AAP  |  WEDNESDAY, 18 MAR 2009
The Australian stock market opened higher after gains from the financials following a positive lead from Wall Street overnight.

Main Street versus Wall Street

BENJAMIN ONG  |  WEDNESDAY, 18 MAR 2009
Wall Street jumped again overnight but Main Street's mood has turned from nervous insouciance to outright outrage.