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Standard & Poor's

Dollar lower at noon, bonds firmer

AAP At 1200 AEDT, the Australian dollar was trading at $US0.8643/44, down 0.24 per cent from Monday's close of $US0.8664/66. Since 0700 AEDT, the local unit traded between $US0.8614 and $US0.8686. Senior dealer with online currency trader Easy Forex, Francisco Solar, said a decline in

Market drags Australian dollar lower at noon

At 12:00 (AEDT), the dollar was trading at $US0.8643/44, down 0.24 per cent from yesterday's close of $US0.8664/66. Since 07:00 AEDT, the local unit traded between $US0.8614 and $US0.8686. Senior dealer with online currency trader Easy Forex, Francisco Solar, said a decline in risk

Wall St plummets below 10,000

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The blue-chip Dow Jones Industrial Average slumped 103.84 points (1.04 percent) to end at 9908.39, as a late-day selloff accelerated in the final hour. The Nasdaq composite shed 15.07 points (0.70 percent) to 2126.05 and the broad-market Standard & Poor's 500 index lost 9.45 points
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Stocks to watch | Possible market movers

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AWB - AWB LTD - down one cent at $1.00 A class action against agribusiness company AWB involving more than 1,000 shareholders seeking compensation for its failure to disclose Iraqi kickbacks begins in the Federal Court on Wednesday. AWC - ALUMINA LTD - up four cents at $1.60 Alumina
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Stocks to watch

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AAP Stocks to watch on the Australian stock exchange on Tuesday: AWB - AWB LTD - down one cent at $1.00 A class action against agribusiness company AWB involving more than 1,000 shareholders seeking compensation for its failure to disclose Iraqi kickbacks begins in the Federal Court
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US stocks dip amid caution on recovery

AAP US stocks were lower on Monday but trading in a tight range as investors remained wary about the strength of the economic recovery and mounting sovereign debt in Europe. US stocks have traded erratically in the past four weeks as investors pondered over the sustainability of the

ASX | Australian share market | Mixed leads for stocks suggest flat start

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The Australian stock market has received a mixed set of leads from overseas markets, with Wall Street's main indices themselves mixed but oil and metals prices higher. This morning on the Sydney Futures Exchange, the March share price index contract was eight points lower at 4465.
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Big banks "to retain AA credit rating"

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AAP Australia's big four banks will retain their double-A long-term credit ratings following the federal government's decision to withdraw the wholesale funding guarantee, ratings agency Standard & Poor's (S&P) says. However, S&P also warned that the Australian banking system's
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ASX | Australian Share Market | Mixed leads but stocks rise at the open

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Global Markets Down Again

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Just as markets fret and worry about the health of the global economy , and especially countries like Greece, Italy, Spain, the UK and Japan, along comes an optimistic report on the state of the world from a premier international talk shop Friday saw more volatility in markets and
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