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Economics

Market Wrap - Morning

AAP  |  MONDAY, 23 JUL 2007
The Australian share market is expected to open lower today taking the lead from steep falls on Wall Street in the face of strong base metal prices.

Goldman Sachs JBWere appoints new head of equities

CHRIS NICHOLLS  |  FRIDAY, 20 JUL 2007
Goldman Sachs JBWere Asset Management (GSJBWAM) has appointed Dion Hershan as its new head of equities.

Market wrap - midday

AAP  |  FRIDAY, 20 JUL 2007
The Australian share market held ground in positive territory in morning trading today, despite some easing from the strong opening as higher base metals supported miners and Telstra.

Australia as Asian hub a pipe dream

CHRIS NICHOLLS  |  FRIDAY, 20 JUL 2007
Australia's hopes of becoming the primary Asian financial hub, as espoused recently by MLC chief executive Steve Tucker, are in severe need of a reality check, according to FTSE's Asia Pacific managing director Paul Hoff.

China's GDP and CPI blowout

SUZY MAC  |  FRIDAY, 20 JUL 2007
China continues to blitz market expectations with GDP growth in the June quarter coming in at 11.9 per cent, well above the expected 11.0 per cent and their strongest growth since Q3 1994.

Market wrap - morning

AAP  |  FRIDAY, 20 JUL 2007
The local bourse is expected to enjoy a rollicking good start to the day, inspired by strong base metal prices and the record close on Wall Street.

Market Wrap - Midday

AAP  |  THURSDAY, 19 JUL 2007
The Australian share market kept a grasp on its positive stance at noon, even though the soaring Australian dollar restrained miners.

Market Wrap - Morning

AAP  |  THURSDAY, 19 JUL 2007
In Sydney, the Australian sharemarket is expected to shrug off the weak lead from Wall Street and open higher, spurred by mostly stronger base metal prices.

Hiking partners: Aussie dollar and Kiwi inflation

SUZY MAC  |  THURSDAY, 19 JUL 2007
Ever onwards and upwards, the Australian dollar nudges US88¢, and New Zealand's inflation is stubbornly refusing to come down.

Market Wrap - Midday

AAP  |  WEDNESDAY, 18 JUL 2007
At 1216 AEST, local energy stocks were mixed with Woodside Petroleum dropping $1.04 to $45.50, while Santos gained 15 cents to $14.15 and Oil Search rose two cents to $4.18.