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Economics

Market Wrap - Midday

AAP  |  TUESDAY, 16 SEP 2008
Australian stocks were weaker at noon after US shares went into freefall overnight.

Look out below

BENJAMIN ONG  |  TUESDAY, 16 SEP 2008
Are we headed for a repeat of the global depression of the 1930s? This might sound too alarmist but indeed, quite a possibility as one giant US financial domino fall after the other.

Market Wrap - Morning

AAP  |  TUESDAY, 16 SEP 2008
Australian markets have received a strong negative lead from Wall Street, after US shares went into a freefall on Monday over financial market uncertainty revolving around the Lehman Brothers bankruptcy and the fire sale of Merrill Lynch.

Whac-a-mole

BENJAMIN ONG  |  MONDAY, 15 SEP 2008
The US Federal Reserve and the Treasury seem to be playing the game of 'whac-a-mole' - the Bear Sterns mole first popped out, they whack it in the head with a bailout, Fannie Mae and Freddie Mac's heads popped - whack. Who's next?

Market Wrap - Midday

AAP  |  MONDAY, 15 SEP 2008
The Australian stock exchange was weaker at noon as US financial sector uncertainty continued to affect local banks and insurers.

Market Wrap - Morning

AAP  |  MONDAY, 15 SEP 2008
Australian markets have received a mixed lead from Wall Street, although the price of oil fell again in a special trading session overnight whilst gold and silver rose.

Market Wrap - Midday

AAP  |  FRIDAY, 12 SEP 2008
The Australian stock exchange was stronger at noon, led by energy and mining stocks, while the banking sector rebounded after yesterday's losses.

Stagflation policy conundrum

BENJAMIN ONG  |  FRIDAY, 12 SEP 2008
Desperate times need desperate measures. The Reserve Bank of New Zealand (RBNZ) announced a surprise 50 basis point reduction in its benchmark interest rate as the domestic economy looks increasingly headed for a recession.

Market Wrap - Morning

AAP  |  FRIDAY, 12 SEP 2008
Australian markets have received a strong lead from Wall Street equities overnight, which finished almost 1.5 per cent higher. Oil, silver and gold were down, while copper was marginally higher.

Market Wrap - Midday

AAP  |  THURSDAY, 11 SEP 2008
The Australian sharemarket was weaker at noon, with the financial sector leading the losses following investment bank Lehman Brothers' announcement of plans to sell off key assets after posting more losses.