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Economics

Market gains velocity

SUZY MAC  |  WEDNESDAY, 18 JUL 2007
Stock velocity has increased five fold over the past 15 years, having implications not only for liquidity, but consequentially the capacity constraints of long-only investment managers.

Market Wrap - Morning

AAP  |  WEDNESDAY, 18 JUL 2007
On the Sydney Futures Exchange at 0815 AEST, the September share price index was down 12 points at 6376.

Market Wrap - Midday

AAP  |  TUESDAY, 17 JUL 2007
The Australian share market had retreated slightly at noon, despite some buoyancy among the banks, as gold and energy stocks went backwards.

Cranky customers over choked supply chain

SUZY MAC  |  TUESDAY, 17 JUL 2007
State governments may have to hit the fast forward button in sorting out infrastructure bottlenecks, as some of our biggest customers are getting very grumpy indeed.

Credit Suisse pumps up roster

CHRIS NICHOLLS  |  TUESDAY, 17 JUL 2007
Credit Suisse has continued its hiring spree, with former Merrill Lynch executive Nicholas Kalikajaros to take over as managing director and head of private banking for Australia on top of three other new appointments.

Market Wrap - Morning

AAP  |  TUESDAY, 17 JUL 2007
The Australian sharemarket is expected to open relatively flat, with Wall Street providing no major impetus and base metal prices patchy overnight.

Market Wrap - Midday

AAP  |  MONDAY, 16 JUL 2007
The Australian dollar was higher at noon, holding firmly above the 87 US cent mark as demand for high yielding currencies continued to provide support, amid further US dollar weakness.

Economic round up: Inflation climbing, can rates hold?

SUZY MAC  |  MONDAY, 16 JUL 2007
So far, Australia's economy has displayed a miraculous sponge-like ability to absorb demand pressures but for how long?

Market Wrap - Morning

AAP  |  MONDAY, 16 JUL 2007
In Sydney, the Australian sharemarket is expected to open to modest gains, driven by Wall Street and mostly higher base metal prices.

Market wrap - midday

AAP  |  FRIDAY, 13 JUL 2007
The Australian stock market had surged into record territory at noon, with Rio Tinto's $44 billion takeover bid for Canadian aluminum producer Alcan underpinning solid gains in the resources sector. At 1200 AEST the benchmark S&P/ASX200 was 44.5 points ...