Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Economics

Market Wrap - Morning

AAP  |  WEDNESDAY, 19 NOV 2008
The Australian sharemarket is expected to open higher after a late surge left Wall Street higher, recovering from being around two per cent down in late afternoon trading.

The best forecaster

BENJAMIN ONG  |  WEDNESDAY, 19 NOV 2008
Those of you who still remember the 'Maestro' - former US Federal Reserve Chairman Alan Greenspan - would also recall one of his musings, the long-term interest rate conundrum.

Market Wrap - Midday

AAP  |  TUESDAY, 18 NOV 2008
The Australian stockmarket remained weak at noon, led by a slump in the materials sector, after falls on Wall St overnight.

Main Street is burning

BENJAMIN ONG  |  TUESDAY, 18 NOV 2008
Wall Street was at first content to wait while the G20 Generals fiddle but Citigroup's announcement of a 53,000 reduction in its workforce brought home the point that Main Street is roasting.

Market Wrap - Morning

AAP  |  TUESDAY, 18 NOV 2008
The Australian sharemarket is expected to open in the red after US stocks fell overnight.

Market Wrap - Midday

AAP  |  MONDAY, 17 NOV 2008
The Australian sharemarket was lower at noon and had extended its morning losses as banks and resources stocks dragged the local bourse further into the red.

All together now

BENJAMIN ONG  |  MONDAY, 17 NOV 2008
It is just fitting that the world leaders from the Group of 20 nations decided to meet on 15 November 2008 to hatch their battle plans for ending the global financial crisis.

Market Wrap - Morning

AAP  |  MONDAY, 17 NOV 2008
The Australian sharemarket is expected to open lower after Wall Street slumped on Friday.

Market Wrap - Midday

AAP  |  FRIDAY, 14 NOV 2008
The Australian sharemarket remained strong at noon with overall gains in major sectors, boosted by a rebound on Wall St overnight.

G20 to the rescue

BENJAMIN ONG  |  FRIDAY, 14 NOV 2008
Buying on news? Bargain-hunting? Attractive valuation? Crisis solved? Factor X? Whatever the reason, Wall Street see'd again when it should have saw'ed.