Tag: Finance markets
Wall St rallies to close down 1.5pc
The US stock market has posted its eighth straight day of losses as investor fears persist.[MORE]
Bush vows to resolve financial crisis
US President George W Bush has said the American Government would move aggressively to address the financial markets crisis[MORE]
Wall St slides on global rout, bank woes
Wall Street shares have plunged to a five-year low at the opening of trade as the global stock meltdown continues.[MORE]
European stocks continue to plummet
European stocks have plunged after steep losses on local, Asian and US markets.[MORE]
European shares join global plunge as banks tumble
European stocks have tumbled at the open of trade, tracking plunges in Asian and US equities as investors feared world governments' attempts to unlock credit markets would not be enough to ward off a global recession.[MORE]
Black Friday: markets suffer biggest loss in 21 years
The Australian sharemarket has had its second biggest one-day fall on record.[MORE]
G20 'vital' to easing global market turmoil
Analysts say a global response from this weekend's Group of 20 (G20) meeting is crucial to addressing the financial crisis.[MORE]
Asian markets lose 11pc in early trade
The share market rout has hit hard in Asia, where the region's biggest exchange in Tokyo has fallen by 11 per cent.[MORE]
Resources Council expects coal export downturn
The Qld Resources Council says the global economic crisis is expected to lead to a downturn in coal exports to China.[MORE]
Mayor stands firm on Brisbane's Future Fund approach
Brisbane Lord Mayor Campbell Newman says he will not back down on plans involving his so-called Future Fund, even though there is a global financial crisis.[MORE]
Market plunges almost 8pc
Shares on the Australian share market have slumped almost 8 per cent.[MORE]
US stocks dive to new five-year low
United States stocks have fallen for the seventh straight day, sending the Dow Jones industrial average to a new five-year low.[MORE]
Swan seeks global solution to financial crisis
Wayne Swan is pushing for a concerted global response to the financial crisis.[MORE]
US Govt mulls taking stake in banks
The United States Government is considering taking part ownership in a number of American banks to help restore calm in the global financial markets.[MORE]
Wall Street sees bounce at open
US shares rebounded at the open as investors hunted for bargains after several sessions of vicious selling and mulled the latest initiatives to stem a global financial crisis.[MORE]
European stocks mostly rebound amid rate cuts
European stock markets rebounded slightly as governments rushed to protect ailing banks and their savers, while Asian shares ended mixed after world indices endured sharp falls a day earlier.[MORE]
Australian stocks fall again
The Australian share market has joined the universally lacklustre response to the coordinated rate cut by six central banks.[MORE]
Conference focuses on privatisation, market troubles
A major conference is being held in Wollongong today to discuss the impacts of privatisation and market failure on the Australian community.[MORE]
Domestic stocks plummet to 3-year low
Australian shares have fallen nearly 2 per cent to their lowest level in more than three years.[MORE]
Little impact on navel exports from US economic woes
Riverland citrus packers say they have managed to escape the impact of fluctuating US markets.[MORE]
Vic farmers get boost from falling Aust dollar
The big fall in the Australian dollar has been a boost for farmers.[MORE]
Farmers push for continued credit amidst market woes
Farmers' representatives are working to ensure credit continues for producers, despite the trouble on global share markets.[MORE]
WA growth immune from international financial crisis
The Chamber of Commerce and Industry says the global financial crisis is unlikely to affect Western Australia's economic growth.[MORE]
Global rate cut fails to stabilise markets
Despite a coordinated interest rate cut, trading on global markets remains volatile as the IMF warns of recession.[MORE]
Aust dollar makes partial recovery after plunge
The Australian dollar made a partial recovery after being hit hard and plunging to a new five-year low.[MORE]