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Economics

The end is nigh

BENJAMIN ONG  |  MONDAY, 13 OCT 2008
Measures, measures and more measures. How long is a piece of string? How much more money must central banks kept throwing at banks, financial institutions and businesses to get credit flowing again?

Market Wrap - Morning

AAP  |  MONDAY, 13 OCT 2008
The Australian share market is expected to open slightly higher after US stocks slowed their declines on Friday.

Market Wrap - Midday

AAP  |  FRIDAY, 10 OCT 2008
Australian stocks were over six per cent lower at noon, after US shares plunged to fresh five-year lows overnight.

Patience is a virtue

BENJAMIN ONG  |  FRIDAY, 10 OCT 2008
Just as investors have developed short-termism over the past years - impatient to see how much their portfolios have accumulated over one month, instead of 1 or 3 years - they now require the rescue packages to work immediately.

Market Wrap - Morning

AAP  |  FRIDAY, 10 OCT 2008
The Australian share market is expected to open lower again after receiving a strong negative lead from Wall Street.

Market Wrap - Midday

AAP  |  THURSDAY, 9 OCT 2008
Australian stocks were at lower at noon after world stock markets suffered another dizzying slide overnight as traumatised investors brushed aside central bank interest rate cuts aimed at boosting confidence.

Market Wrap - Morning

AAP  |  THURSDAY, 9 OCT 2008
The Australian share market is expected to open weaker following a negative lead from the US as Wall Street tried but failed to find some stability from an interest rate cut by the Federal Reserve and other big central banks.

Market Wrap - Midday

AAP  |  WEDNESDAY, 8 OCT 2008
Australian stocks were lower at noon after Wall Street sank to a five-year low overnight.

Central Banks must unite

BENJAMIN ONG  |  WEDNESDAY, 8 OCT 2008
The current financial market turmoil indicates that one central bank working alone, even if it is the mighty Fed, is unable to contain the panic and restore confidence in the financial system.

Market Wrap - Morning

AAP  |  WEDNESDAY, 8 OCT 2008
The Australian share market has received a negative lead from Wall Street after stocks dropped for a fifth day as investors shrugged off signs the US Federal Reserve will cut interest rates and focused concern on financial companies' balance sheets.