360° Coverage : Australia shares slip, banks weak, uncertainty over RBA

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Australia shares slip, banks weak, uncertainty over RBA

Source: Reuters.co.uk, Dec 5 2012, 6:34pm CST

(Adds details, comments) Sydney, Dec 6 (Reuters) - Australian shares slipped 0.1 percent in morning trade, pulled down by shares in the banking sector after investors fretted over whether Australia's central bank has done ...

Continue reading on: Reuters.co.uk

 
 
Update
10

4 hours ago

Avoid a monetary bloc, says economist

Source: Stuff.co.nz  |   May 24 2013, 12:58pm CDT

Europe may feel extremely distant from New Zealand, but economist Oliver Hartwich believes the continent's ongoing debt crisis should be watched more closely than ever as an example of what not to do. Addressing an audience of inve ...

Continue reading on: Stuff.co.nz  More like this

 
Update
9

9 hours ago

Market dives below 5000 points

Source: The Courier Mail  |   May 24 2013, 8:19am CDT

Source: National Features The Australian share market has closed sharply lower, amid broad-based selling, falling below the 5000-point level. It tumbled to a five-week low, with $26 billion wiped from the value of t ...

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Update
8

24 weeks ago


Quote:
"I think people are starting to come to the view that the world economy is not going to be very supportive of Australia"


Source: Reuters.co.uk

 

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Update
7

9 hours ago

Dollar tipped to hit US85c low

Source: The Age  |   May 24 2013, 8:14am CDT

The Australia dollar is tipped to slide as low as US85¢ within the next year as the currency rediscovers its historic link to commodity prices. Analysts have sharply revised down their forecasts for the currency, as the sharemarket f ...

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Update
6

9 hours ago

Nervous investors head for door

Source: Herald Sun  |   May 24 2013, 8:09am CDT

More than $22 billion was wiped from the value of companies listed on the ASX 200. Source: AFP AUSTRALIA'S benchmark share index has tumbled below the 5000 point mark, rounding out the worst week for the bours ...

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Update
5

9 hours ago

Australian Housing Bubble Has Chinese Overtones

Source: ETF Investor  |   May 24 2013, 7:56am CDT

The Australian housing bubble is looking to be a bigger problem for that country than the U.S.' was in 2008-09. Australia differs from the U.S. both in terms of relative economic conditions and the health of its property markets. The mountain of deb ...

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Update
4

12 hours ago

NZ shares drop on profit taking

Source: TVNZ  |   May 24 2013, 5:05am CDT

New Zealand shares tumbled as investors took advantage of weaker Chinese growth and hints of a possible end to quantitative easing in the US to take profits on companies that have propelled the NZX 50 Index to record highs this year. T ...

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Update
3

12 hours ago

Australia Got Clobbered This Week

Source: Clusterstock  |   May 24 2013, 4:33am CDT

One of the big stories in global markets this year is the commodity decline. And this week we got clear evidence of Chinese slowing. These two closely-related stories have conspired to slam the Australian dollar, which is levered to both ...

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Update
2

13 hours ago

Asia stocks extend losses after big sell-off

Source: KHOU.com  |   May 24 2013, 3:48am CDT

BANGKOK (AP) — Asian stocks continued to retreat Friday after being routed the day before by unexpectedly weak Chinese manufacturing and fears the Federal Reserve will start withdrawing its monetary stimulus. Japan's Nikkei 225 index, which plummeted mo ...

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Update
1

15 hours ago

Australian shares dive to one-month low, Japan uncertainty hits

Source: Reuters Mobile  |   May 24 2013, 1:47am CDT

SYDNEY May 24 (Reuters) - Australian shares reversed early gains to fall 1.6 percent as faltering banks and market volatility hit investor sentiment on Friday, sending the benchmark index tumbling further from one-month lows touched a day earl ...

Continue reading on: Reuters Mobile  More like this

 
 
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