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General

Morning Market Wrap: Dollar opens weaker

The Australian dollar opened weaker today as the US dollar recovered from its record low against the euro following a rally in US equities.

Midday Market Wrap: Dollar stronger at noon

The Australian dollar was stronger at noon, keeping overnight gains which shot it to fresh six-year highs following US dollar weakness.

Morning Market Wrap: US markets weak

In New York major market gauges opened higher and then weakened. The blue-chip Dow Jones industrial average was down 50 points at 9661.

General Motors' financier to enter landmark Chinese joint venture

General Motors Acceptance Corporation (GMAC) has become the first automotive financier to apply for a licence to conduct business in China...

Midday Market Wrap: Dollar weaker

The Australian dollar was weaker at noon after large US investment banks sold the local currency.

Morning Market Wrap: Investor jitters after weekend terrorist attacks

European stockmarkets suffered heavy losses today as a sell-off on Wall Street and weekend terrorist attacks in Turkey gave investors the jitters.

Midday Market Wrap: Dollar puts pressure on local stocks

The Australian share market was lower to noon as the rising Australian dollar continues to put pressure on local stocks with offshore earnings

Morning Market Wrap: Dollar hovers at $US0.7200

The Australian dollar opened slightly weaker today but was still hovering on the $US0.7200 level it reached last Friday.

S&P acquires former SSB equity indexes

Standard and Poor's will absorb Citigroup's SSB global equity index system, the ratings agency announced today.

Midday Market Wrap: Momentum of dollar causes concern on market

The Australian share market weakened at noon today with investors concerned about the growing momentum of the Australian dollar as it crashed through 72 US cents today