Tag: Currency markets
US officially in recession, Dow Jones dives 7pc
Wall Street's Dow Jones index dived more than 7 per cent overnight after the US was officially declared to be in recession.[MORE]
Market dives in early trade
Australian shares have fallen by more than 2 per cent in the first hour of trade, with big miners BHP Billiton and Rio Tinto have both lost ground.[MORE]
Market expected to open up
The Australian share market is expected to open higher today after Wall Street posted its best weekly rise in about 30 years last week. [MORE]
Great-nephew seeks $30m over $50 note portrait
The great-nephew of Indigenous author David Unaipon wants $30m from the RBA for the use of his great-uncle's portrait on the $50 note.[MORE]
Dropped Rio bid ends four-day market surge
Weakness across most sectors has dragged the sharemarket lower for the first time in four trading sessions.[MORE]
Rio drags local stocks down
Australian stocks are losing ground, with shares in miner Rio Tinto almost one-third lower after BHP Billiton withdrew its takeover bid.[MORE]
ASX surges to close 5pc higher
The Australian share market has soared by more than 5 per cent after the Citigroup bailout boosted commodity prices.[MORE]
Aust stocks close higher after gains in materials, energy
The Australian share market ended today in positive territory, with weakness in the financials offset by gains in the materials and energy sectors.[MORE]
Local shares struggling
The local share market has fallen about 1 per cent on worries about the health of the global financial system. [MORE]
Shares begin week on the rise
Australian shares are higher in early trade after the market lost 9 per cent of its value last week. [MORE]
Local market rebounds before close
The Australian share market has staged a late recovery to finish the week higher, after dropping to a five-year low today.[MORE]
Local stocks continue to plummet
Australian shares have fallen 3.5 per cent after a big dive on Wall Street.[MORE]
Local stocks fall after Wall St plunge
Australian shares have fallen nearly 3 per cent after Wall Street plunged overnight.[MORE]
Car industry turmoil rattles Wall St
Uncertainty over the future of the US car industry, and more bad economic news, have rattled US investors. [MORE]
Market closes lower after rough day
The share market has finished the day 4.5 per cent down after an overnight drop on Wall Street.[MORE]
Share market continues to fall
The Australian share market remains 3.5 per cent down, after a drop on Wall Street overnight.[MORE]
Aust markets follow Wall St's lead
Fears about the US economy are continuing to push the Australian sharemarket lower.[MORE]
US stocks plunge to five-and-a-half-year lows
The US Federal Reserve has dramatically cut its economic forecasts for the American economy.[MORE]
Miners lead market losses
The Australian share market has finished the day lower, after the ban on short selling of non-financial stocks was lifted. [MORE]
Short selling pushes market lower
Australian shares have fallen nearly 2 per cent after the lifting of a ban on short selling in non-financial stocks. [MORE]
Short selling ban lift has little effect: stockbrokers
Stockbrokers say a lifting of the ban on short selling non-financial stocks has had little effect on the local share market today. [MORE]
Shares bounce after Wall St rally
A late rally on Wall Street has boosted Australian shares in early trade. [MORE]
Stocks up as Wall St seesaws
US stocks have staged a late rally after a volatile session on Wall Street.[MORE]
Market closes down 3.5pc
The Australian share market has experienced another day of steep falls, sparked by a decline on Wall Street overnight.[MORE]
Share market down 1.8pc
The Australian share market remains lower after hitting a fresh four-year low.[MORE]