Australia shares fall 1.4%; banks weak, Kagara gains
(Adds Kagara, banks, comment)
SYDNEY, July 3 (Reuters) - Australian stocks fell 1.4
percent on Friday, reflecting heavy losses in Europe and the
United States after a steeper-than-expected slide in...
Reuters Finance News, Australia -
Friday July 3, 2009, 3:03 pm
Australia shares fall 1.5 pct; resources drop
SYDNEY, July 3 (Reuters) - Australian stocks fell 1.5
percent on Friday, reflecting heavy losses in Europe and the
U.S. after a steeper-than-expected slide in U.S. payrolls
raised fresh doubts on...
Reuters Finance News, Australia -
Friday July 3, 2009, 11:17 am
Australia shares fall 1.9 pct on U.S. jobs gloom
SYDNEY, July 3 (Reuters) - Australian stocks fell 1.9
percent on Friday after a steeper-than-expected slide in U.S.
payrolls led to hefty losses on Wall Street, raising fresh
doubts on the health of...
Reuters Finance News, Australia -
Friday July 3, 2009, 10:18 am
US Jobs News Bad
Unemployment in the US and Europe continue to rise to levels not seen for a decade or more. The US Labor Department reported that June unemployed jumped by 467,000, far more than the 325,000-...
Australasian Investment Review -
Friday July 3, 2009, 8:51 am
Trade Deficits Are Back
Another monthly trade deficit with those lazy, hazy days of summer and the big trade surpluses banished by the downturn in iron ore and coal prices, while the slump in imports shows...
Australasian Investment Review -
Friday July 3, 2009, 8:50 am
Markets 2: Oil Leads Commodities Higher As US dollar Weakness
Oil had a last day burst, to a new 8-month high, then fell sharply to close under $US70 a barrel in New York as new doubts emerged about the greenness of those shoots. Gold ended the...
Australasian Investment Review -
Wednesday July 1, 2009, 8:29 am
David Jones' Sharp Upgrade
Despite the surge in profits at our major retailers, private credit dropped 0.1% in May. David Jones joined Myer and JB Hi-Fi in reporting much better than expected profit rises in the current half...
Australasian Investment Review -
Wednesday July 1, 2009, 8:25 am
Bernie Does The Time: All 150 Years
Ponzi scheme operator, Bernie Madoff was jailed overnight and will now become the pin up criminal for the credit crunch and recession. Bernie got 150 years in the clink, the maximum and will die...
Australasian Investment Review -
Tuesday June 30, 2009, 8:48 am
Markets Mark Time
The Dow and S&P 500 slipped Friday and closed lower for the second week in a row, while the Nasdaq ended higher on the day and week. The Dow fell 34.01 points, or 0.4%, to 8,438.3, leaving it...
Australasian Investment Review -
Monday June 29, 2009, 8:45 am
Aussie dollar shoots up on NZ$ after weak NZ GDP
SYDNEY, June 26 (Reuters) - The Australian dollar shot up
against the New Zealand dollar on Friday after data showed New
Zealand's economy shrank 1 percent in the first quarter,
stirring speculation...
Reuters Finance News, Australia -
Friday June 26, 2009, 9:53 am
The Australian Economy Will Do Better
Suddenly we can see sunshine ahead for the Australian economy, or so it seemed yesterday. Comments from the OECD and the IMF told us that Australia will have the best performing economy...
Australasian Investment Review -
Friday June 26, 2009, 8:26 am
Aussie economy to shrink by 0.5%: IMF
The federal government's economic budget forecasts are already showing signs of being overly pessimistic just six weeks after being released.The International Monetary Fund (IMF) has upgraded its...
AAP -
Thursday June 25, 2009, 5:57 pm
Swan welcomes IMF assessment
The International Monetary Fund (IMF) has upgraded its economic growth forecasts for Australia, but warns that output will remain below potential for a number of years.In a report on Australia, the...
AAP -
Thursday June 25, 2009, 12:48 pm
Midday Market Roundup 25/06/09
The market is up 26. Good day for the market. The SFE Futures suggest a 22 point rise this morning. Dow down 23 although the S&P 500 was up 0.7% and the Nasdaq was up 1.6%. Market was doing well...
Australasian Investment Review -
Thursday June 25, 2009, 12:00 pm
Economy will heal slowly, OECD says
The OECD says Australia's economic recovery is likely to be gradual at best and it is urging the Federal Government to keep monetary and fiscal policy loose to combat the global downturn.
In its...
ABC Business News -
Thursday June 25, 2009, 10:11 am
