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 long-term consequences of China's coming stockmarket correction are the ones to fear IF YOU were a Chinese worker you could have spent the past year toiling to earn a living. Or you could have bought some shares and sat on the sofa ...
Tags: Share Prices, Economy, Stockmarket
THE Australian stockmarket opened higher following gains on Wall Street and European bourses as Alcoa kicked of the US earnings season. The aluminium producer posted a sharp Q2 loss of $US119 million ($130.989 million) citing ...
Tags: Metallurgy, Mineral, Energy
IN another wild swing that extended the volatile start to the financial year, the stockmarket rebounded to sit 1.1 per cent higher after fresh data pointed to a strengthening US economy. Materials and energy stocks led the recovery from ...
Tags: US economy, market, economy
China credit crunch fears sent the stockmarket tumbling almost 1.5 per cent lower, with investors fleeing materials as China called on its banks to control credit expansion risks and declared liquidity in its financial system was at "a ...
Tags: China, Investors, Banks, Financial System
THE stockmarket extended weekly losses to 3.8 per cent as materials dragged the benchmark to a fresh low since January, with investors sitting on their hands ahead of crucial US jobs data that could heighten calls for an early tapering of ...
Tags: Service
The worst month on the stockmarket in a year has taken the wind out of investors, with confidence retreating from highs earlier this year amid increasing concern about the global economy and the endgame for stimulus from central banks. ...
Tags: Stockmarket, May
Well-healed Australian investors, battered by political uncertainty and the ongoing aftershocks of the global financial crisis, are maintaining their faith in local shares, according to an exclusive survey of individuals with at least ...
High-Frequency traders who bombard the stockmarket with trade messages should wear a higher share of the supervision costs than genuine traders, according to Australia's retail fund managers. The Financial Services Council said it would ...
RATTLED investors are on high alert after the stockmarket suffered its worst week in a year and the Australian dollar slid to a 12-month low on fresh concerns about the slowing pace of global economic growth. Capping a wild week for ...
Tags: Sharemarket, Horror Week, Alert
A SHOCK contraction in Chinese manufacturing and the prospect that the US Federal Reserve could soon unwind its quantitative easing measures rocked local markets yesterday, pushing the Australian dollar close to an annual low and wiping ...
THE stockmarket opened lower after comments the Federal Reserve overnight suggested stimulus activity in the US may soon be eased. At 10.34am AEST the benchmark S&P/ASX200 index was down 44.5 points, or 0.86 per cent, at 5120.9 points. ...
Tags: economy
In keeping with the austerity push that has been a hallmark of the broking sector since the global financial crisis erupted, Wilson HTM's staff last month vacated their digs - and harbour views - at Sydney's Governor Phillip Tower. In ...
Tags: Listed Brokers, Market Rebound
The Australian dollar has remained below parity with the greenback as healthy American retail data underpinned strength in the US currency. At 12pm AEST today the dollar was trading at 99.77 cents, down almost a quarter of a US cent from ...
Tags: Australian Dollar, Retail Data
High-profile stockbroker Charlie Aitken has weighed into the debate around the Australian dollar, saying that a wave of hedge funds could be set to short the currency and the biggest winners would be industrial stocks, not resources. As ...
Tags: Australian Dollar, Charlie Aitken