Rate cut a line-ball call
11:04am |
The RBA said its decision to cut interest rates this month was 'finely balanced', but tame inflation meant monetary policy could be a little more supportive.
Spain's yields spook investors
2:56pm |
The Australian sharemarket has closed lower as investors move their attention from Greece to Spain and the upcoming meeting of the US central bank.
Centro deal the biggest ever settlement
LEONIE WOOD 10:00am |
$200 million deal for Centro shareholders brings to an end more than four years of complex and expensive litigation.
'Digital dividend' spectrum auction delayed
LUCY BATTERSBY 12:21pm |
The government has delayed the auction of millions of dollars worth of spectrum to give TV broadcasters more time to for technological changes.
Fairfax sinks as takeover hopes ebb
CHRIS ZAPPONE 1:40pm |
Fairfax Media shares give up yesterday's strong gains on rising doubts about the benefits of a possible takeover by mining billionaire Gina Rinehart.
One.Tel liquidator cops court ban
ELISABETH SEXTON 10:57am |
NSW Supreme Court removes Paul Weston as the special purpose liquidator of One.Tel, saying he had "lost objectivity".
Samson's plunge adds to woes
IAN MCILWRAITH 2:38pm |
Samson Oil & Gas shares plunged as much as 40% during ASX trading after an update on the company's four US wells.
Air NZ picks new CEO from own ranks
MATT O'SULLIVAN 9:30am |
Air New Zealand has selected the head of its long-haul operations, Christopher Luxon, to replace its highly regarded chief, Rob Fyfe.
| ASX 200 | 4123.3 | -13.6 | -0.3% |
|
|
|||
| Dow Jones | 12741.8 | -25.4 | -0.2% |
| Nasdaq | 2928.6 | 33.2 | 1.2% |
| Hang Seng | 19416.7 | -11.1 | -0.1% |
| NZ 50 | 3480.4 | 0.0 | 0.0% |
Data delayed by 20 mins.
Business News Wire
4:57PM Lynas ready to start Malaysia plant
12:13PM Fairfax journalists write to Rinehart
12:06PM Fairfax journos make appeal to Rinehart
10:32AM Fairfax shares fall
Markets ASX Indices | ASX Top Movers | GICS Industries | Currencies
European stocks rise ahead of Fed meeting
3:59pm |
European equities edged higher in early trade, with investors eyeing a Spanish debt auction and German data as well as a US Federal Reserve meeting.
Commitment extends to naming
Insider Greg Medcraft's corporate watchdog has fessed up that it is having teething problems with its new business name registration service.
Video
Fairfax journalists demand independence
Senior journalists urge major shareholder and mining magnate Gina Rinehart to respect the editorial independence of Fairfax newspapers and websites. (01:57)
World Business
Emerging markets boost IMF's firewall
1:56pm |
Led by China, emerging economies have pledged huge sums to the IMF's $452b global firewall, to which Australia is contributing $10b.
- World leaders wrestle with eurozone fix
- EU pushes financial tax despite crisis
- European muddle shows little sign of a resolution
- Air NZ picks new CEO from own ranks
- Lehman creditors drop action against Geithner
- US urges more time for Greece
- Rolls-Royce reveals $1.5b submarine deal
- More World Business
Bank scandals prompt suicides
An executive of a shuttered Korean savings bank hanged herself with her scarf in a motel, marking the latest twist in a widening scandal.
Comment & Analysis More Comment & Analysis
Broadsheets consigned to history
ELISABETH SEXTON |
Greg Hywood's first day as a Fairfax employee was in January 1976, so the chief executive of 16 months takes a long view.
- Adele Ferguson Greece election result provides breathing space
- Elizabeth Knight Fairfax shakes up as sweeping changes unveiled
- Ross Gittins Mired in gloom, but the outlook's good
- Adele Ferguson Jittery financial markets hold their collective breath
- Mark Bouris In confidence ... confidence counts
- More Comments & Analysis
Money Saving | Borrowing | Investing | Planning | Super & Funds | Tax | Tools & Guides
Focus on opportunities but watch your step
If you can't stand the heat, stay out of the kitchen. Frankly, after the past three or four years, it's hard to understand why anyone who doesn't have the stomach for risk would still be invested in the sharemarket.