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Economics

Market Wrap - Midday

AAP  |  FRIDAY, 16 NOV 2007
The Australian sharemarket was in the red at noon following sharp falls in base metal prices and another soft lead from Wall Street.

Jay-Z versus Greenspan

SUZY MAC  |  FRIDAY, 16 NOV 2007
When rappers and supermodels choose Euros over the greenback, what does that say about the direction of the US economy?

Market Wrap - Morning

AAP  |  FRIDAY, 16 NOV 2007
The Australian share market is expected to open lower today dragged down by lower base metal prices and a weak lead from Wall Street.

Market Wrap - Midday

AAP  |  THURSDAY, 15 NOV 2007
The Australian share market was slightly higher at noon after starting the day on the back foot after Wall Street finished down.

Sub-prime Godzilla tramples Japan

SUZY MAC  |  THURSDAY, 15 NOV 2007
While US and European banks take an 'open-Kimono position' towards sub-prime losses, it's leaving Godzilla sized footprints on Japan's financial sector, crushing the $320 billion Mizuho merger and derailing a share-swap between Citigroup and Nikko Cordial.

Market Wrap - Morning

AAP  |  THURSDAY, 15 NOV 2007
The Australian share market is expected to open lower today pulled down by US stocks which turned lower late in the session on Wednesday.

Market Wrap - Midday

AAP  |  WEDNESDAY, 14 NOV 2007
The Australian stockmarket had made solid gains by midday today pushed up by financial stocks after confidence returned to Wall Street overnight.

Toy story

SUZY MAC  |  WEDNESDAY, 14 NOV 2007
Profits from China's export boom continue driving investment and fuelling its phenomenal economic growth, but China's toxic toy story has taken on a new development that will likely impact its lucrative Christmas export trade.

Market Wrap - Morning

AAP  |  WEDNESDAY, 14 NOV 2007
The Australian share market is expected to open higher today, buoyed by Wall Street.

Market Wrap - Midday

AAP  |  TUESDAY, 13 NOV 2007
The Australian share market was surprisingly strong at noon after a mixed lead from the US and lower commodities prices overnight.