Stimulus By A Thousand Cuts
Aussie central bank cuts rates by greater than expected 75 basis points, its third reduction in three months and the latest in a string of monetary easings worldwide.
ASX lower led by financials, resources
The Australian share market closed more than two per cent lower, dragged down by the resource and financial sectors and a weak lead from Wall Street overnight.
MacBank, BHP lead shares lower
Australian shares opened weaker Tuesday as Macquarie Group led banks lower, while BHP Billiton sank on falling metal prices.
Need to know: H&M moves ahead ... ITV...
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11/18/08
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Asian Markets Bleed After U.S. Sales...
Investor fears about a global slowdown return, erasing gains from earlier in the week.
Panic-Selling Guts Asian Equities
After epic meltdown in U.S. stocks, major Asian indexes tumble 7% to 11%.
Australia Turns The Tide
Surprisingly large interest-rate cut sparks rally in currencies and equities across Asia.
Kill the competition: LSE shutdown...
Welcome to today's round-up of business news from The Times: what we're
saying, what they're saying
ASX close flat as bank gains offset
The Australian share market closed flat as a rally in banks and property trusts, triggered by a positive US lead, offset falls in mining and energy stocks.
BHP's Rio takeover prospects start to dim
Rio Tinto Group Chief Executive Officer Tom Albanese is proving to be an elusive target for BHP Billiton CEO Marius Kloppers now that the slowing economy, fading stock and commodity markets and a skeptical European Union are undermining the $156b bid.
ASX edges higher as oil and gold rises
The Australian share market nudged a little higher after closing relatively flat last week as gold and oil prices rose.
Stocks above 5000
Australian shares rise in early trade, after another fall in oil prices.
08/06/08
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Argo's wild ride continues
Argo Investments delivers a strong annual profit but warns the new year will be challenging.
Stocks top 5000
The Australian stock market opens higher for a second day after Wall St rallies on positive private sector employment data.
Banks pull stocks higher
The stock bounces back after Wall St is buoyed by a drop in the oil price and positive consumer confidence data.
07/29/08
Similar news about ANZ Bank
Shares open flat
Shares have a flat start as resources shares hold back gains from the banks.
Argo FY08 profit up 71.5%
Argo Investments Ltd says volatility in the Australian share market is likely to continue after it posted a large rise in profit, boosted by asset realisations.
Wall Street rally, weaker oil to lift shares
The market is expected to open in positive territory after Wall Street closes sharply higher as another drop in oil prices improves investor sentiment.
There's no escaping reality
Michael Evans dreams of an office job in Silicon Valley.
US plunge drags market lower
The market eases after US equities fall as investors grapple with worries about the soundness of the financial sector.
Bargains galore, but buyers are wary
An investor from Mars might find this sharemarket uncommonly attractive.
Banks boost local stocks at noon
The Australian share market was higher at noon, boosted by financials and the prospect of another interest rate cut in the United States later on Tuesday night.
Rio shares rise on Chinese iron ore deal
Rio Tinto shares rose 0.36 per cent after the resources giant secured an iron ore price increase of 85 per cent with Chinese steel maker Baosteel.
Gas crisis grips Perth
WA manufacturers, mines and small businesses are vying for power after the Apache gas blast cut supplies by 30%.
Market ends in sea of red as crude...
The sharemarket closed firmly in the red yesterday, with losses across all sectors after lower crude oil prices and continuing concerns about the state of credit markets.
Wall Street leads shares into the red
THE sharemarket closed more than 1 per cent lower yesterday, weighed down by financial stocks after setbacks on Wall Street overnight.