US stocks have finished lower as advances by jihadists in Iraq trumped encouraging labour-market data and spurred talk of possible military action by the US.
India's central bank governor, renowned for forecasting the 2008 financial meltdown, has warned that the world economy faces risk of another market crash as asset prices surge.
US stocks have edged higher despite new Russian sanctions against the West and amid disappointing news that major potential media and telecom mergers fizzled.
The share market has fallen for a fourth straight session as investors weigh up a possible escalation of conflict in Ukraine and potential interest rates hikes in the US.
US stocks have fallen sharply in a sell-off analysts attributed to anxiety about a Wall Street correction and worries that the conflict in Ukraine could worsen.
The business banking sector is shrinking in Perth, with falling staff levels and bank branch closures the latest signs of a cooling Western Australian economy.
At its meeting today, the Reserve Bank of Australia left the cash rate unchanged at 2.5 per cent, with Governor Glen Stevens flagging a period of stability in interest rates.
Western Australian based stocks rose 18.9 per cent in the twelve months to Hune 30, but most of the gains were in the first six months of that period, according to the Deloitte WA Index released today.
US stocks finished sharply lower after a news-packed week that bolstered confidence in the economy even as speculation grew that the Federal Reserve will more quickly raise interest rates.
The Australian dollar has fallen to its lowest level in almost two months as big falls in overseas equities markets and the prospect of interest rate hikes weigh on the local currency.
US stocks have plummeted about two per cent in a broad sell-off attributed to a range of factors, including weak eurozone data, the Argentine debt default and disappointing US corporate earnings.
