The Economy: Car Sales Slide On Japan Cuts
Toyota’s Altona car making plant in Melbourne is expected to return to full production from this week.
Read MoreToyota’s Altona car making plant in Melbourne is expected to return to full production from this week.
Read MoreThe high volatility in markets continues to hurt commodities, with that rush for yield and gains in April gone and seemingly forgotten.
Read MorePity poor Japan, our second major trading partner.
Read MoreWith Greece generally regarded as the eurozone economy most likely to go belly up and plunge Europe into crisis, what odds Portugal and then Italy making a late run in the disruption stakes?
Read MoreOnce again many market economists and media commentators have been brought undone by the economy.
Read MoreThe trade surplus narrowed slightly in April, but exports remained solid, although growth was at a slower pace than in March’s rebound.
Read MoreOnce again the immediate outlook for markets and sentiment in the US economy rests on a monthly employment report (out tonight, our time about 10.30).
Read MoreNo wonder the likes of Fitch Ratings and Moody’s, one of its rivals, are increasingly wary of the impact of the Fukushima nuclear power station crisis in Japan.
Read MoreIt can be argued that Fortescue Metals Group Ltd’s Andrew Forrest retirement yesterday boosted the value of the company by around $600 million, with some 30% of that improvement flowing to his already huge fortune.
Read MoreWell, on to next week’s Reserve Bank board meeting for the excitable among economic writers and analysts after we survived the Great March Quarter GDP scare.
Read MoreTasmanian timber group Forester Gunns Ltd was a market star yesterday with a surprisingly strong surge in its share price after it issued a short statement that on repeated reading was actually a statement of the group’s corporate strategy.
Read MoreYes, China’s vital manufacturing sector continues to slow, but we shouldn’t get too alarmed because according to the latest survey, activity is running roughly where it was in February of this year.
Read MoreTiming is everything, as usual and nowhere was this better illustrated than the listing of new float, Royal Wolf Holdings (RWF) on the ASX yesterday.
Read MoreAustralia is heading for a sharp contraction in economic growth when the March quarter national accounts are released later this morning, thanks to the impact of the Queensland floods, especially those in the state’s export coal fields.
Read MoreMore glum news from the housing sector yesterday with another dip in prices and a fall in building approvals.
Read MoreRatings agency Moody’s says it may lower Japan’s sovereign debt rating within three months, the second move against the country’s credit rating on five days and the third in a month.
Read MoreWell, the old saw about selling in May and going away turned out to be pretty accurate after the big sell off in silver on May 7 triggered the market volatility of the past three and a bit weeks.
Read MoreSuncorp confirmed yesterday that its over-exposure to insurance is still hurting the company.
Read MoreThe chances of a slide in the economy in the March quarter increased yesterday.
Read MoreShares in truck and trailer equipment supplier and manufacturer Maxitrans were one of the stars yesterday in a dull market.
Read MoreThe Fukushima nuclear disaster has dealt more body blows to the uranium and nuclear power industries.
Read MoreThe NZ dollar hit a new post float high against the greenback yesterday after markets were stunned by a huge rise in the country’s trade surplus on April.
Read MoreForget the US markets and wonder about China’s and the very nasty 5%-plus fall in the Shanghai Composite last week, a fall that seems to have gone unnoticed outside the country.
Read MoreThe continuing Fukushima nuclear crisis is proving to be a greater threat to the health of the Japanese economy than the impact of the March 11 quake and tsunami.
Read MoreThe US dollar became the story last week, falling as the euro defied gravity and the doubts about Greece and the eurozone’s financial health to end higher, sending some commodities lower on the day.
Read MoreIn Australia, the week will be dominated by the run up to the first quarter GDP figures on Wednesday, along with data for retail sales, building approvals and the trade for April.
Read MoreThanks to the stronger US dollar, commodities enjoyed a generally firmer day on Friday.
Read MoreThe AMP’s chief economist, Dr Shane Oliver wonders if we are back in 2010.
Read MoreThere’s a strong message for Australia and investors from the latest half yearly review of the world economy from the Organisation for Economic Co-Operation and Development (OECD).
Read MoreShares in grain exporter and bulk handler GrainCorp jumped more than 10% at one stage yesterday after it reported a 66% surge in half year profit to $88 million.
Read MoreDo you want the bad news, or the good news about the latest private investment figures?
Read MoreShareholders in mineral sands producer Iluka Resources can hang around for the rest of the year in the knowledge that could very well get a New Year present of a capital return in 20912.
Read MoreProgrammed Maintenance Services went against the trend and rose yesterday despite reporting a 58% drop in annual profit, including one off items.
Read MoreAs expected Japan’s trade surplus disappeared in April as the full impact of the lost production from the March 11 quake, tsunami and the subsequent nuclear crisis at Fukushima hit the economy hard.
Read MoreIt was quite a reaction from investors yesterday to the update from The Reject Shop which confirmed that the company would have a terrible second half result, thanks to the Brisbane area floods.
Read MoreRetail property giant Westfield Group said Wednesday that the "rapid and significant" rise in the value of the Australian dollar has impacted the value of reported foreign earnings.
Read MoreThorn Group Ltd is a retailer, of sorts.
Read MoreShares in accounting software provider Reckon Ltd fell 3% yesterday after the company’s annual meeting heard the company is seeing improved business conditions in 2011 as demand for its products recovers.
Read MoreAs expected Brisbane-based testing services group Campbell Brothers Ltd has produced a cracker of a full year result, and a very tasty final dividend.
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