Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Economics

Market wrap - midday

AAP  |  TUESDAY, 30 OCT 2007
The Australian stock market dipped slightly at noon from yesterday's record highs, weathering a weak Wall Street with small losses across the board.

Race to the pump

SUZY MAC  |  TUESDAY, 30 OCT 2007
Fill up now, and expect to pour more cash into the tank next time, as new supply problems and increasing tensions in the Middle East have the price of oil flirting with US$94 a barrel for the first time ever.

Market Wrap - Morning

AAP  |  TUESDAY, 30 OCT 2007
The Australian market is expected to open higher with Wall Street finishing ahead overnight.

Market Wrap - Midday

AAP  |  MONDAY, 29 OCT 2007
The Australian stock market continued its strong gains at noon after starting trade in positive territory, driven by the resources sector, which was buoyed by higher base and precious metal prices on Friday.

Airing the dirty sub-prime linen

SUZY MAC  |  MONDAY, 29 OCT 2007
Did he jump or was he pushed? Either way Merrill Lynch boss Stanley O'Neal will be wearing a large golden parachute to ensure his soft landing, despite the investment bank's recent announcement of spectacular sub-prime losses.

Market Wrap - Morning

AAP  |  MONDAY, 29 OCT 2007
Stronger base metal prices and a surge on Wall Street are expected to drive the Australian market higher when it opens today.

Market Wrap - Midday

AAP  |  FRIDAY, 26 OCT 2007
The Australian stock market remained stronger at noon despite a weak Wall Street lead, with the miners once again steering the bourse higher.

Scary markets II

SUZY MAC  |  FRIDAY, 26 OCT 2007
Offshore markets rolled over and played dead again overnight, scared silly by another petrol price spike, while the Aussie dollar continued to run on ahead.

Market Wrap - Morning

AAP  |  FRIDAY, 26 OCT 2007
The Australian stock market is expected to open higher on a surge in commodity prices, including a record oil price, and a weak lead from Wall Street.

Market Wrap - Midday

AAP  |  THURSDAY, 25 OCT 2007
The Australian stock market remained in positive territory at noon, ignoring losses by market leader BHP Billiton and ANZ's unexpected fall into the red.