Chinese stocks and economic growth have long had little to do with each other. Between 2010 and early 2014, when China boasted the world's fastest-growing economy, its stockmarket was consistently among the world's worst performers. Since ...
Tags: Stockmarket, Economy
The Australian sharemarket is expected to open lower today as local investors practise caution ahead of expectations the US Federal Reserve could wind back its third round of bond purchases. Despite posting a late surge at the end of last ...
Tags: Investors, Fed Meeting, Sharemarket
Fears of a possible global slowdown as US money printing tapers off sent Asian markets into a tailspin yesterday, pulling the Australian equities market back towards a level that has all but wiped off the gains it has made this year. ...
Tags: Asian Markets
THE Australian dollar dropped below 103 US cents for the first time in three days amid falls on US stock markets and weaker commodity prices. At 6.30am AEST the currency was trading at 102.77 US cents, down from 103.54 US cents at ...
Tags: Australian Dollar, US Stocks
BUOYANT global equities boosted the Australian dollar today, with traders betting that European and US central banks will this week reaffirm commitment to easy money policies designed to boost asset prices and stoke growth. Australia's ...
Tags: Australian Dollar, economy
THE dollar hit a fresh 10-week high following gains on US sharemarkets, but lost some ground after disappointing jobs figures. At 5pm AEST, the currency was trading at $US1.0521, up US0.12c. It had earlier climbed to $US1.0551, its ...
Tags: economy
The corporate regulator must not employ a one-size-fits-all approach to dark trading to ensure it stamps out harmful levels of activity in so-called "dark pools" without removing some of the benefits of trading away from exchanges, ...
Tags: trading practice, Securities, Investments
Westpac's plain-speaking London economist James Shugg remains as gloomy about the global economy as he was over a year ago, when he said the Australian dollar could plunge to US80c and a break up of the eurozone would prompt a "global ...
Tags: Westpac, James Shugg, global economy
Investors took a record high for US stocks - the bellwether Dow Jones Industrial Index eclipsing its pre-global financial crisis peak - as confirmation that the US economic recovery is gathering strength and sent the local market to its ...
Tags: US stocks, Stockmarkets, Stocks
The sharemarket recorded its biggest one-day fall for nine months after minutes from the US Federal Reserve's recent policy-setting meeting revealed unease about the bank's stimulus efforts. The benchmark S&P/ASX 200 closed down 2.3 per ...
Tags: Stocks, sharemarket, share
Banks, property trusts, consumer staples and energy companies pushed the sharemarket to its highest close since September 2008, as investors digested earnings reports while awaiting the overnight release of minutes from the US Federal ...
Tags: Banks, property trusts, consumer staples, energy companies