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Economics

Market Wrap - Midday

AAP  |  MONDAY, 10 NOV 2008
The Australian sharemarket was stronger at noon, up more than two per cent, driven by China's massive economic stimulus plan, which has boosted appetite among local investors for commodity based stocks.

Mine's bigger than yours

BENJAMIN ONG  |  MONDAY, 10 NOV 2008
Slashers. This is what most central banks around the world have become as their respective economies appear oblivious to the myriad of rescue packages and the amount of money that is already flooding the system.

Market Wrap - Morning

AAP  |  MONDAY, 10 NOV 2008
The Australian sharemarket is expected to open higher today after US stocks gained on Friday as investors saw buying opportunities following heavy falls earlier in the week.

Market Wrap - Midday

AAP  |  FRIDAY, 7 NOV 2008
The Australian sharemarket was weaker at noon after ongoing fears of a global recession affected Wall Street again overnight.

Rainy days

BENJAMIN ONG  |  FRIDAY, 7 NOV 2008
Australian equities remained in the doldrums in spite of the hopeful promise that came about with the changing of the guards at the White House.

Market Wrap - Morning

AAP  |  FRIDAY, 7 NOV 2008
The Australian sharemarket is expected to open lower today after global stock markets plunged on Thursday on growing fears the world economy faces a deep and lasting recession.

Market Wrap - Midday

AAP  |  THURSDAY, 6 NOV 2008
The Australian sharemarket remained firmly in the red at noon, dragged down by the miners after sharply lower base metal prices in London and a more than five per cent drop on Wall Street overnight on heightened concerns of a US recession.

Humpty Dumpty Syndrome

BENJAMIN ONG  |  THURSDAY, 6 NOV 2008
It is just fitting that the current history-making global economic and financial disaster that seemingly has withered all hope be met with another momentous event that promises to restore the faith - in America, its politicians, its financial markets ...

Market Wrap - Morning

AAP  |  THURSDAY, 6 NOV 2008
The Australian sharemarket is expected to open lower today after Wall Street fell on concern that President-elect Barack Obama will struggle to reverse the slowing economy.

Market Wrap - Midday

AAP  |  WEDNESDAY, 5 NOV 2008
The Australian sharemarket was trading almost two per cent higher at noon on the back of stronger commodity prices, gains in the resources sector and a good lead from Wall Street.