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Economics

Sentiment stable as San Andreas fault

SUZY MAC  |  WEDNESDAY, 29 AUG 2007
Market sentiment just can't seem to settle and while BHP executives just 24 hours ago were saying 'sub who?' financial markets remain jumpy waiting for the next sub-prime tremor.

Market Wrap - Morning

AAP  |  WEDNESDAY, 29 AUG 2007
The Australian sharemarket is expected to open in the red today, following a more than two per cent tumble in New York overnight.

Market Wrap - Midday

AAP  |  TUESDAY, 28 AUG 2007
The Australian sharemarket was lower at noon following a soft lead from Wall Street overnight.

Market Wrap - Morning

AAP  |  TUESDAY, 28 AUG 2007
The Australian sharemarket is expected to open softer today, after a soft performance in New York, as US stocks fell after data showed the number of unsold homes reached its highest level in more than 15 years in July, fanning concerns about housing ...

On the sub-prime defensive

SUZY MAC  |  TUESDAY, 28 AUG 2007
Sub-prime fallout and more than a little paranoia has hit markets hard in recent weeks leading some investors with exposure, and others with none, to become defensive.

Market Wrap - Midday

AAP  |  MONDAY, 27 AUG 2007
The Australian sharemarket remained high at midday after markets in the United States rose strongly on Friday.

Debt climbs, home values fall

SUZY MAC  |  MONDAY, 27 AUG 2007
Scores of US government officials along with housing executives vowed it could never happen, nonetheless, the national median price of American homes is expected to fall for the first time since statistics began in 1950.

Market Wrap - Morning

AAP  |  MONDAY, 27 AUG 2007
The Australian sharemarket is expected to open firmer today, following New York higher, as upbeat housing data and durable goods orders helped ease anxiety about the economy, boosting investor confidence after weeks of market turmoil.

Market Wrap - Midday

AAP  |  FRIDAY, 24 AUG 2007
The Australian sharemarket opened lower today after comments by the largest US mortgage company on the economic outlook drove stocks down in New York.

Not made in China

SUZY MAC  |  FRIDAY, 24 AUG 2007
Profits from China's export boom are driving investment and fuelling its phenomenal economic growth, but while the price is right, quality issues go far beyond a toxic toy story.