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Economics

Market Wrap - Midday

AAP  |  THURSDAY, 30 OCT 2008
The Australian sharemarket was up about two and a half per cent at noon with big gains in resources stocks leading the market higher.

Seesaw Margery Daw

BENJAMIN ONG  |  THURSDAY, 30 OCT 2008
The market giveth and the market taketh away. Isn't it funny how yesterday's big rally on Wall Street was attributed to attractive valuation and signs of thawing in the credit markets, but now that the Fed has lowered interest rates - making equity market ...

Market Wrap - Morning

AAP  |  THURSDAY, 30 OCT 2008
The Australian share market is expected to open slightly stronger today after a late dive on Wall Street wiped out earlier gains following the Federal Reserve's half a point interest rate cut.

Market Wrap - Midday

AAP  |  WEDNESDAY, 29 OCT 2008
Australian shares were over four per cent higher at noon after US indices soared to their second-largest point gain ever.

Daily funnies

BENJAMIN ONG  |  WEDNESDAY, 29 OCT 2008
People don't need to read the funny pages anymore to get their daily amusement fix. They only have to read the way the media interpret the daily movements in the stockmarket.

Market Wrap - Morning

AAP  |  WEDNESDAY, 29 OCT 2008
The Australian share market is expected to open strongly today after Wall Street experienced its second-largest point gain on record and Asian markets also surged.

Market Wrap - Midday

AAP  |  TUESDAY, 28 OCT 2008
Financial stocks dragged the Australian sharemarket lower at noon after a strong negative lead from US indices.

For those about to hit rock bottom, we salute you

ALEX DUNNIN  |  TUESDAY, 28 OCT 2008
The real culprit behind the global credit crunch has been formally identified as not Dr Alan Greenspan but rock band AC/DC, after the UK Guardian newspaper revealed the world goes into recession every time the aging rockers go on tour.

Yen caught in crossfire

BENJAMIN ONG  |  TUESDAY, 28 OCT 2008
Now it's the Japanese yen's turn. The current financial crisis that started in the US sub-prime sector and had been strangling the stock and money markets is now morphing into an exchange rate problem.

Market Wrap - Morning

AAP  |  TUESDAY, 28 OCT 2008
The Australian share market is expected to open flat today after US stocks see-sawed overnight. Asian markets fell heavily yesterday.