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Economics

Takeover merchants

SUZY MAC  |  TUESDAY, 13 NOV 2007
After stalling during August and September's credit storm, private equity in Australia is experiencing a renaissance, while US PE giants like Blackstone are still weathering the sub-prime storm.

Market Wrap - Morning

AAP  |  TUESDAY, 13 NOV 2007
The Australian share market is expected to open lower today after a mixed lead from Wall Street. In London, base metals prices all were down.

Market Wrap - Midday

AAP  |  MONDAY, 12 NOV 2007
The Australian sharemarket remained in negative territory this morning, with the only bright spot miner Rio Tinto, which rebuffed a takeover proposal last week from fellow miner BHP Billiton.

Killer inflation - three fatalities

SUZY MAC  |  MONDAY, 12 NOV 2007
While the RBA flags the dangers of growing consumer spending on our rising inflation, in China rocketing inflation and consumer demand have proved to be a killer. Literally.

Market Wrap - Morning

AAP  |  MONDAY, 12 NOV 2007
The Australian share market is expected to open lower following a weak lead from Wall Street on Friday after investor worries intensified about bank troubles from the US housing crisis.

Market Wrap - Midday

AAP  |  FRIDAY, 9 NOV 2007
The Australian share market remained in positive territory at noon following last night's takeover bid by miner BHP Billiton for rival Rio Tinto.

Sub-prime's house of cards

SUZY MAC  |  FRIDAY, 9 NOV 2007
Like a house of cards near an open window, many things tumbled overnight - US shares, the ASX/S&P 200, Asian stocks, the FTSE, US bond yields, gold, base metals, the Aussie dollar and, on the upside, oil prices also dropped.

Market Wrap - Morning

AAP  |  FRIDAY, 9 NOV 2007
The Australian share market is expected to open trading higher this morning, with anticipated impact on the mining sector after BHP Billiton last night announced it had made a STG120 billion ($A272.05 billion) takeover bid for Rio Tinto.

Hunter Hall turns deep green

CHRIS NICHOLLS  |  THURSDAY, 8 NOV 2007
Hunter Hall has released a new environmentally focused global fund that aims to generate "a positive outcome for the wellbeing of people, animals and the environment" by using a highly exclusive range of filters that eliminates countries like Japan ...

Market Wrap - Midday

AAP  |  THURSDAY, 8 NOV 2007
The Australian share market remained lower at noon, carrying on the morning's trend, which was triggered by steep Wall Street falls and lower base metal prices overnight.