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

Economics

Market Wrap

AAP  |  THURSDAY, 4 NOV 2004
The Australian share market is expected to open firmer today as US President George W Bush was re-elected for another four year term overnight, boosting offshore markets.

Rates on hold for 11th consecutive month

AAP  |  WEDNESDAY, 3 NOV 2004
The Reserve Bank today left interest rates on hold for the 11th consecutive month.

Market Wrap

AAP  |  WEDNESDAY, 3 NOV 2004
The Australian share market is expected to open firmer today as a strong bid tone from the US and offshore markets is expected to provide strong local direction.

Emerging countries fuel oil demand as world runs out of oil

HFA Asset Management chief investment strategist Jonathan Pain attributes the rise in oil prices to the increase in demand from growing nations including China and India and a serious inability for oil producing countries to sustain production.

Market wrap

AAP  |  TUESDAY, 2 NOV 2004
The Australian share market is expected to open firmer in local trade although resource stocks could come under pressure due to weaker base metal and oil prices.

Now it's easier being green

Good Environmental Choice - Australia (Australian Environmental Labelling Association - AELA) has launched the Australian Green Purchasing Network (AGPN) to promote green purchasing among consumers, companies and government authorities in Australia.

Widening of trade deficit in September

AAP  |  MONDAY, 1 NOV 2004
A modest widening in Australia's trade deficit for September remains consistent with an interest rate tightening bias.The balance on goods and services for September came in at an adjusted $2.105 billion deficit, from a downwardly revised deficit of ...

China iron ore demand still strong

Global diversified miner Rio Tinto said on Friday iron ore demand from China remained strong despite government efforts to cool the steel sector, and that it was giving greater thought to returning cash to shareholders.

Market wrap

AAP  |  MONDAY, 1 NOV 2004
The Australian share market is expected to open firmer as strong base metal prices and some stock specific results are likely to underpin gains on the domestic market.

China rate rise a sign of things to come

Shares of Chinese companies listed in Hong Kong are expected to fall on Friday after a surprise rate increase by China's central bank, but Hong Kong stocks could be mixed as investors focus on a more bullish factor -- sliding oil prices.