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Economics

Market Wrap - Morning

AAP  |  FRIDAY, 14 NOV 2008
The Australian sharemarket is expected to open higher after the three day slump to a new four year low gives investors a buying opportunity, and after US stocks rebounded overnight.

Market Wrap - Midday

AAP  |  THURSDAY, 13 NOV 2008
The Australian sharemarket was more than four per cent lower at noon with falls in the resources and banking sectors, following a plunge on Wall Street overnight.

Bail-out Plan B

BENJAMIN ONG  |  THURSDAY, 13 NOV 2008
Has the US Treasury had a change of heart or merely trying to get on the good side of its boss-elect President Obama?

Market Wrap - Morning

AAP  |  THURSDAY, 13 NOV 2008
The Australian sharemarket is expected to open lower after US stocks slumped overnight after Treasury Secretary Henry Paulson said the government would not buy banks' soured mortgage assets after all.

Market Wrap - Midday

AAP  |  WEDNESDAY, 12 NOV 2008
The Australian sharemarket was lower at noon after a negative lead from Wall Street and falls in commodity prices overnight.

The good oil

BENJAMIN ONG  |  WEDNESDAY, 12 NOV 2008
Just less than a year ago, households, businesses and financial markets were bracing for crude oil at US$200 a barrel.

Market Wrap - Morning

AAP  |  WEDNESDAY, 12 NOV 2008
The Australian sharemarket is expected to open lower today after US stocks fell overnight on signs that company profits are being hit by the decline in consumer spending.

Market Wrap - Midday

RUTH LIEW  |  TUESDAY, 11 NOV 2008
The Australian sharemarket was over four per cent lower at noon following heavy losses in the banking sector.

Sisyphian challenge

BENJAMIN ONG  |  TUESDAY, 11 NOV 2008
Like the mythical king Sisyphus, fiscal and monetary authorities continue to push a huge boulder up a hill only to watch it roll back down.

Market Wrap - Morning

AAP  |  TUESDAY, 11 NOV 2008
The Australian sharemarket is expected to open lower today after US stocks fell overnight on nervousness about how US companies will survive a severe pullback in spending.