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Economics

Asia marching on faster than expected

ALEX DUNNIN  |  FRIDAY, 7 DEC 2007
Growing intra-region trade within emerging markets is pushing Asia to the centre of world financial affairs faster than we realise.

Market Wrap - Morning

AAP  |  FRIDAY, 7 DEC 2007
The Australian share market is expected to open to decent gains, with rises on Wall Street overshadowing weaker base metal prices.

Retirement on hold for longer

ALEX DUNNIN  |  THURSDAY, 6 DEC 2007
Electoral backlash or not, fiscal pressures and demographic change are forcing nations around the world to slowly raise their retirement age and while Australians won't openly admit it just yet, we will soon have to follow suit.

Market Wrap - Morning

AAP  |  THURSDAY, 6 DEC 2007
The Australian share market is expected to open higher, taking its lead from Wall Street. At 0654 on the Sydney Futures Exchange, the December share price index was up 61 points at 6598.

Market Wrap - Midday

AAP  |  WEDNESDAY, 5 DEC 2007
The Australian stock market opened lower today unable to shrug off the continued decline of Wall Street and lower base metal prices, despite interest rates staying on hold.

Market Wrap - Morning

AAP  |  WEDNESDAY, 5 DEC 2007
The Australian stock market is expected to open lower with lower base metal prices and a poor lead on Wall Street weighing down the local bourse.

Market wrap - midday

AAP  |  TUESDAY, 4 DEC 2007
The Australian stock market remained in the red at noon, dragged down by a poor lead from the US overnight and lower base metal prices.

MGI launches Queen Street Partners

MICHAEL HOBBS  |  TUESDAY, 4 DEC 2007
The newly-formed Macquarie Global Investments (MGI) has appointed a Macquarie outsider to head its first venture, Queen Street Partners, an institutional boutique investment firm.

Markets not governments set interest rates

ALEX DUNNIN  |  TUESDAY, 4 DEC 2007
While the sub-prime fiasco showcases how banks are still the crown jewel of the financial system, the expanding role of non-bank financiers is unstoppable and market regulators will eventually have to figure out a way to deal with this new reality.

Market Wrap - Morning

AAP  |  TUESDAY, 4 DEC 2007
The Australian stock market is expected to open weaker, influenced by a weak result on Wall Street and lower base metal prices.