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Economics

Market wrap - midday

AAP  |  TUESDAY, 5 FEB 2008
The Australian share market was weaker at noon, as investors prepared for a likely rise in official interest rates later today.

Interest rates - when economics meets politics

ALEX DUNNIN  |  TUESDAY, 5 FEB 2008
When politics meets the economics of fighting inflation, people have a habit of making big statements that can sound alarmist.

Dewhurst to head Legg Mason's global expansion

Legg Mason is planning global domination and has appointed an Australian, former IOOF chief executive Ron Dewhurst, to do the job.

Market Wrap - Morning

AAP  |  TUESDAY, 5 FEB 2008
The Australian share market is expected to open lower following declines in US stocks overnight.

Market Wrap - Midday

AAP  |  MONDAY, 4 FEB 2008
The Australian share market was up almost two per cent at noon following a strong start to morning trade, after the US capped off its best week in five years on Friday and speculation mounted over the future of market leader Rio Tinto Ltd.

World growth to drop by one-fifth, but no US recession: IMF

ALEX DUNNIN  |  MONDAY, 4 FEB 2008
World economic growth is expected to drop by one-fifth in 2008 to 4.1 per cent down from 4.9 per cent, according to the International Monetary Fund (IMF).

Market Wrap - Morning

AAP  |  MONDAY, 4 FEB 2008
The Australian share market is expected to open higher following a strong lead from Wall Street.

Market wrap - midday

AAP  |  FRIDAY, 1 FEB 2008
The Australian share market was stronger at noon, up almost two per cent, following a strong US lead overnight.

Cautiously upbeat: Economists Forum

ALEX DUNNIN  |  FRIDAY, 1 FEB 2008
Sub-prime was the American Dialect Society's 2007 word of the year but 2008's might be stagflation or even agflation, leading economists told today's Chief Economists Forum in Sydney.

Market Wrap - Morning

AAP  |  FRIDAY, 1 FEB 2008
The Australian share market is expected to open higher as New York surged after a major bond insurer reassured investors about its stability, fueling a rebound by financial shares hammered recently by the prospect of crumbling credit markets.