Tag: Finance markets
Local market takes a dive
Falls in the banking sector have dragged the Australian share market lower.[MORE]
Chinese economy 'losing its edge'
Chinese President Hu Jintao says China is losing its competitive edge amid the global financial crisis, the latest in a series of warnings about threats to the country's rapid economic growth. [MORE]
Late rally drives market 4pc higher
Australian stocks have rallied with a late surge driving the market to close more than 4 per cent higher.[MORE]
Dodgy market dealings double
Investigations into suspicious share market activity have roughly doubled this year compared to last year.[MORE]
Resources help boost local market
Australian shares have gained 2.5 per cent in early trade, boosted by resources stocks. [MORE]
European stocks gain ground
European stocks finished higher overnight but Wall Street was closed for the Thanksgiving holiday.[MORE]
Miners drive market up for positive close
Australian stocks have closed higher, buoyed by gains in the mining sector.[MORE]
Resource sector drives market gains
The share market gained 2 per cent in early trade today as resource stocks gave the market a boost and an interest rate cut in China bolstered sentiment.[MORE]
US stocks rally despite economic woes
US stocks rallied for a fourth day as investors bought up technology shares and amid new hopes that troubled US carmakers will be bailed out. [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]
Banking, energy losses drag down market
Local shares are down about 1 per cent after a mixed final session on Wall Street. [MORE]
US stocks volatile amid bailout plans
US stocks have been volatile following its Government's plan to pump more money into its ailing economy.[MORE]
Oz Minerals cuts production after sliding prices
Sliding commodities prices have forced mining firm Oz Minerals to slash expenditure, by pushing back big projects and cutting production.[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]
Local stocks surge after Citigroup rescue
The Australian share market has jumped more than 3 per cent after Citigroup's bail out drove New York stocks higher overnight.[MORE]
World stocks mixed as investors mull Citigroup bailout
European stock markets rebounded strongly, but Asian equities fell as investors worldwide reacted differently to a massive US Government bailout of stricken American bank Citigroup.[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]
Sharemarket follows banking falls
The Australian sharemarket was lower this afternoon with the banking sector leading the losses.[MORE]
Market recovers as bank losses ease
Local stocks are recovering slightly from earlier steep losses, as the falls in the banking sector ease.[MORE]
Wall St up 6.5pc on Obama Treasury pick
The Dow Jones index has ended the week with a strong rally, in part because of rumours about US President-elect Barack Obama's new cabinet. [MORE]
Govt urged to tackle global financial crisis
The Tasmanian Government has been called on to urgently bring forward planned capital works to soften the impact of the global financial crisis.[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]
