Tag: Stockmarket
Europe shares slide as bank crisis fear grow
European shares have plunged 4 per cent in early trade, with concerns about the health of the financial sector intensifying as more banks face troubles.[MORE]
Australian dollar drops below 75 US cents
The Australian dollar has fallen below 75 US cents for the first time since October 2006.[MORE]
Australian share market falls 3.3 per cent
The share market today fell to its lowest level since December 2005, while the dollar dropped below 75 US cents.[MORE]
Australian dollar hits 2-year low
The Australian dollar has dived to a two-year low of 75.78 US cents as concerns grow about the global economy. [MORE]
Bush says financial package no quick fix
US President George W Bush has praised legislators from both major parties for approving the $US700 billion financial system bailout package, but warns relief will not be instant.[MORE]
White House hopefuls back bailout approval
The two US presidential hopefuls have responded to the passage of a landmark bank bailout bill.[MORE]
Rudd hails US bailout as 'step forward'
The PM says the approval of the $US700b bailout package by the US Congress is a big step towards stabilising financial markets.[MORE]
EU leaders to discuss global financial crisis
European leaders will meet in Paris later today to discuss the global financial turmoil and a $535 billion (300bn euros) bailout for European institutions.[MORE]
Bailout approval fails to boost US stocks
US stocks have fallen heavily after Congress passed a huge financial rescue plan, as investors remained nervous about a global credit squeeze and the weak economy.[MORE]
US approves $US700b Wall St bailout deal
The United States House of Representatives has approved a revised $US700 billion Wall Street bailout, bowing to intense pressure to help avert a global economic meltdown.[MORE]
US stocks higher ahead of bailout verdict
US stocks have opened higher ahead of a vote in Congress on the massive financial rescue plan.[MORE]
Early trade mixed on European markets
Early trading on European stock markets has been mixed, and oil has rebounded slightly despite global uncertainty.[MORE]
Waratah Coal applies for ASX listing
A mining company that is planning several coal projects in central Queensland has applied for listing on the Australian Stock Exchange.[MORE]
US bailout uncertainty hurts ASX
Australian share market, weighed down by US bailout uncertainty, finishes the week down 1.4 per cent.[MORE]
Global slowdown fears hurt ASX
Australian stocks have tumbled with fears of a global economic slowdown dragging down mining stocks. [MORE]
Local stocks down in early trade
Australian shares have taken another dive after the latest big sell-off on Wall Street. [MORE]
IMF warns US heading for recession
The International Monetary Fund says the United States faces a deep recession.[MORE]
Anxiety over bailout drags Wall St lower
There has been another sharp drop on the US stock market as investor nerves rise ahead of the final vote for the bailout package.[MORE]
Pelosi optimistic House will pass rescue deal
US Speaker of the House, Nancy Pelosi, says she is optimistic the House will now pass a financial rescue package which it rejected earlier this week. [MORE]
Wall St lower after bailout passed
Wall Street stocks swung lower at the opening as investors remained cautious about the global banking crisis despite US Senate passage of a massive financial rescue package.[MORE]
Senate vote lifts European stocks
European stocks have risen in trading following the US Senate's decision to back the revised American financial rescue plan. [MORE]
ASX falls despite US bailout action
Local stocks have been unable to gain ground after a revised bill designed to bail out the struggling US financial market passed through the US Senate.[MORE]
Wall St closes down ahead of Senate vote
Trade has been volatile on Wall Street as the US Senate prepares to vote on the bank rescue bill.[MORE]
Economy, Murray key COAG issues for Rann
The economy and the Murray are the key COAG issues for SA leader Mike Rann.[MORE]
Market recovers after Wall St rebound
Australian stocks have reversed yesterday's plunge with investors hoping the US financial sector bailout plan will be revived.[MORE]