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.
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%.
MacBank in shorters' crosshairs
Hedge funds are playing a high-stakes tug of war in Macquarie Group shares.
Kill the competition: Britain shrinks...
Welcome to today's round-up of business news from The Times: what we're
saying, what they're saying
Kill the competition: Tax revolt ......
Welcome to today's round-up of business news from The Times: what we're
saying, what they're saying
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.
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.
Stocks above 5000
Australian shares rise in early trade, after another fall in oil prices.
08/06/08
Similar news about ANZ Bank
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
US plunge drags market lower
The market eases after US equities fall as investors grapple with worries about the soundness of the financial sector.
Competing forces
Sales are down: in department stores, electronics emporiums and at the school canteen.
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.
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.
Metals push stocks up
Australian stocks open higher after the price of metals including copper and gold gained overnight.
Stocks to watch
Stocks of interest on the Australian Stock Exchange today.
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.
Uranium prices poised to soar
The uranium industry's worst year is about to collide with a nuclear construction program in India and China that rivals the ones undertaken during the oil crisis of the 1970s.
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.
Market ends three-day losing streak
Australian shares have broken a three-day losing streak, ending nearly 2.5 per cent firmer, as banking stocks buoyed the market.