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Economics

Market wrap - midday

AAP  |  TUESDAY, 6 MAR 2007
At 1220 AEDT oil and gas producer Woodside started recovering yesterday's losses, up 45 cents to $35.62. Santos also rose, adding four cents to $9.20, while Oil Search put on two cents to $3.37.

CalPERS pre-empts healthcare funding crisis

As more companies and individuals grapple with the problem of underinsurance and inadequate healthcare savings, the largest public pension fund in the US has come up with a tidy solution packaged in what it calls a "pre-funding" trust fund.

Daily economic round-up

PETER BELL  |  TUESDAY, 6 MAR 2007
Following the upheaval caused by the Shanghai stockmarket last week the Chinese government has downgraded its forecast growth for the coming year from 10.75 per cent to 8 per cent.

Market wrap - morning

AAP  |  TUESDAY, 6 MAR 2007
The Australian share market is expected to open higher despite a weak lead from Wall Street. On the Sydney Futures Exchange at 0825 AEDT, the March share price index contract was up 17 points at 5,635.

Market wrap - midday

AAP  |  MONDAY, 5 MAR 2007
The Australian stockmarket continued to lose ground at noon with resources and banking stocks leading the way lower. At 1208 AEDT, the benchmark S&P/ASX200 index was down 77.4 points at 5,708.6, while the all ordinaries had fallen 79.6 points to 5,695.6.

Trade faster than a speeding bullet: INSTINET

The time it takes to execute a trade is about to get 10 times faster and up to 90 per cent cheaper thanks to a new trading system from INSTINET, one of the largest brokers in the electronics market.

Daily economic round-up

PETER BELL  |  MONDAY, 5 MAR 2007
The most recent monthly retail trade data from the Australian Bureau of Statistics shows that in seasonally adjusted terms the turnover for the retail and hospitality services sector increased by 0.9 per cent in January after rises of 0.2 per cent in ...

Market wrap - morning

AAP  |  MONDAY, 5 MAR 2007
The Australian share market is expected to open lower on a weak US lead. On the Sydney Futures Exchange at 0719 AEDT, the March share price index contract was down 47 points at 5,723.

Daily economic round-up

PETER BELL  |  FRIDAY, 2 MAR 2007
Analysis of data on private new capital expenditure and expected expenditure just release by the Australian Bureau of Statistics shows that in seasonally adjusted terms total new capital expenditure rose by only 1 per cent during the September to December ...

Market wrap - midday

AAP  |  FRIDAY, 2 MAR 2007
The Australian stock market was flat at noon in quiet trading, after Wall Street ended lower overnight. At 1200 AEDT, the benchmark S&P/ASX200 index was 0.6 points higher at 5810.8, while the all ordinaries lost 0.6 points to 5797.7.