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Economics

Conflicting rate calls

MARK STORY  |  TUESDAY, 22 JAN 2008
There's growing expectation among European economists that the European Central Bank (ECB) will be forced to follow the Federal Reserve and the Bank of England and start lowering interest rates.

Market Wrap - Morning

AAP  |  TUESDAY, 22 JAN 2008
The Australian share market is expected to open sharply lower on a negative lead from Asian and European markets and large falls in commodity prices.

Russell managing director leaves

MICHAEL HOBBS  |  MONDAY, 21 JAN 2008
Russell Investment Group's institutional investment services managing director, Stephen Roberts, has announced his departure from the firm in February.

Market Wrap - Midday

AAP  |  MONDAY, 21 JAN 2008
The Australian stock market was sharply lower at noon, dragged down by losses on Wall Street on Friday caused by lingering recession fears.

Too little too late

MARK STORY  |  MONDAY, 21 JAN 2008
While economists regard the Rudd Government's announced five-point, anti-inflationary package as positive, it's not expected to be a threshold issue for the Reserve Bank.

Iraqi economic growth to hit 7 pct

ALEX DUNNIN  |  MONDAY, 21 JAN 2008
Iraq's economy is on track to reach GDP growth rates in 2008 of 7 per cent, driven by oil price movements, economic reforms and surging foreign exchange reserves, said the International Monetary Fund (IMF) last week.

Market Wrap - Morning

AAP  |  MONDAY, 21 JAN 2008
The Australian share market is expected to open lower on a negative lead from Wall Street. On the Sydney Futures Exchange, the March share price index futures contract was down 75 points at 5,687.

Market Wrap - Midday

AAP  |  FRIDAY, 18 JAN 2008
The Australian stock market had continued its bloodletting at noon, falling more than two per cent in response to more heavy falls on Wall Street overnight and investor uncertainty over a possible global economic meltdown.

Sub-prime not such a CAD after all

ALEX DUNNIN  |  FRIDAY, 18 JAN 2008
While Australian exports are booming and industry is rolling along so well that their biggest complaint is why there is too little labour supply, our high current account deficit (CAD) means we are more vulnerable than we think, no matter how much we ...

Market Wrap - Morning

AAP  |  FRIDAY, 18 JAN 2008
The Australian share market looks set to continue its run in the red today after more falls on Wall Street.