Moody's may downgrade A$83 billion of Australian RMBS
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Moody's Investors Service may downgrade  A$83 billion ($75.5 billion) worth of Australian  mortgage-backed debt, in the latest spillover from the U.S.  subprime crisis.
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Business & money: Defeat for banks could wipe out Â£3.5bn of income as RBS blames OFT for customers' complaints
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Investors may frown as a sluggish holiday season has retailers slashing prices.
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Australia, one of the best-performing advanced economies, faced looming economic turbulence from the subprime lending meltdown in the United States, Prime Minister John Howard warned on Sunday.
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Australia's economy loses jobs for the third month out of four - news which could spell trouble for the country's strong growth.
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OTTAWA - Amid signs of a softening economy and a strengthening dollar, the Bank of Canada is expected to sit on the sidelines this week and wait to see what happens next.
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The US dollar could be losing its lustre as the world's reserve currency, a report suggests.
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The Philippine sovereignty credit rating would likely to be downgraded due to concerns over the sustainability of the government&#39;s fiscal and debt positions, international ratings
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The Australian share market has started the week a little in the red as high crude oil prices prompted investor caution. The All Ordinaries slipped almost three points to 3,632.
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Some strategists say the dollar has probably hit bottom and may even be on the rebound.
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Australiaâs third-biggest bank said one-off factors, such as the loss of earnings from the sale of its London project finance business and measures to arrest NZ retail customer attrition, would on balance have a negative impact on fiscal 2005 earnings.
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Australia&#39;s stock index fell for the first day in 10. BHP Billiton led mining companies lower on concerns demand for commodities will drop after the Chinese government signaled it would cut spending to slow growth.
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SYDNEY (Dow Jones)--A bigger-than-expected fall in Australian building approvals in August suggests the Reserve Bank won&#39;t be in a hurry to raise interest rates immediately after the Oct. 9 election.
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Investment bank analyst downgrades tire maker, and shares drop. Should investors really listen to analysts?
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More bad news out of Asia weighed on investors Monday.
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Gold fell to a near four-month low on  Monday as the market tried to guess what the IMF might say  about using its huge gold reserves to help finance debt relief  for poor countries.
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Data showing low US consumer confidence makes a US interest rat cut on Wednesday seem more likely.