Dollar sinks, ASX to fall
2 Jun |
The dollar fell against the greenback and local shares are poised to resume their slide after weak US jobs figures added to concerns about the global economy.
Clash of the Titans
KIRSTY SIMPSON AND MICHAEL EVANS |
The pressure is mounting on Fairfax Media chairman Roger Corbett as Gina Rinehart begins to voice her discontent.
Packer blasts Echo board
SEAN AYLMER, LEONIE LAMONT |
James Packer steps up his attack on Echo Entertainment, criticising the board over the 'Star Casino fiasco'.
Victoria takes a battering
TIM COLEBATCH |
Key economic indicators are showing an alarming slide in Victoria's economic activity, intensifying speculation of another interest rate cut next week.
More convulsions for publishers
AGL gives shareholders a bargain deal
BRIAN ROBINS |
With few prospects for making a profit in present market conditions, AGL shareholders are being offered the rare chance of a sure thing.
Developer struggles to refinance
PHILIP HOPKINS AND IAN MCILWRAITH |
Becton Property Group is again at the mercy of its lenders, barely a year after shareholders approved a drastic restructuring.
Called to the bar to even things up
LEONIE WOOD |
Andrew Grech joined Slater & Gordon to fight for people's causes. Along the way he saved the company.
- Fitness First slims down to trim debt
- Peabody in talks to sell Australian coal mine
- Newcrest denies plans to sell shares
- Xstrata faces backlash on CEO benefits
- ASIC talks up high-tech market sentry
- Costs spiral at Westpac
- High costs 'hold back expansion'
- Big, new tax bill for BlueScope
- Company layoffs, yet jobless rate is down. What gives?
- Commercial Property No yield in valuation debate
- Commercial Property Mining boom fuels recovery
- Commercial Property South shows its mettle
- Commercial Property Mac Park rents to grow
- More Business News and Views
| ASX 200 | 4063.9 | -12.4 | -0.3% |
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| Dow Jones | 12118.6 | -274.9 | -2.2% |
| Nasdaq | 2747.5 | -79.9 | -2.8% |
| Hang Seng | 18558.3 | -71.2 | -0.4% |
| NZ 50 | 3452.0 | -36.3 | -1.0% |
Data delayed by 20 mins.
Business News Wire
3:53PM Russia PM acts again to stem rouble slide
3:32PM FMG boss plans for fall in iron ore price
3:01PM Rough ride tipped for Aussie stocks
Markets ASX Indices | ASX Top Movers | GICS Industries | Currencies
US stocks slide on weak jobs report
2 Jun |
US stocks fell more than 2% on Friday a dismal US jobs report added to fears that Europe's debt crisis was dragging down the world economy.
- Market woes Dollar sinks, stocks to fall after US data disappoints
- Gold jumps most since August on Fed hopes
- Oil sinks to eight-month lows on demand worries
- Treasuries touch fresh records as havens sought
- Spanish, Italian bonds rally on ECB hopes
- European stocks extend slide on growth doubts
- Asian stocks slump on China manufacturing data
- Benchmark index ends month down 7.4%
- More Markets
Business calendar June 4-8
Australian business and finance calendar for the week of June 4-8.
- Insider He lent it, Wei got it, where is it?
- Insider Bioniche pounces on meat scare
- Insider Steep battle for Macedonian gold
- It's all about the timing
- Insider ThinkSmart can't find the keys
- Insider Shop troops needed
Video
The week that was with Michael Pascoe
An important point in the Reserve Bank governor's speech is that banks are set to lose millions in bottom line profit thanks to the sinking of the float. (03:56)
World Business
US jobs engine fails to deliver
2 Jun |
The American jobs engine sputtered in May as employers added the fewest workers in a year, sending the unemployment rate higher.
- Romney wants to confront China
- EU preparing start of permanent bailout fund
- Twitter expects $1 billion in revenue in 2014
- More developing countries preparing carbon curbs: World Bank
- US manufacturing growth slows
- Fears over bond market signals
- William Pesek Why the man they dubbed a Hitler has Japan quaking
- China PMI slowdown spooks markets
- More World Business
World's most expensive car: 1962 Ferrari
A 1962 Ferrari 250 GTO made for race driver Stirling Moss has become the world's most expensive car at $US35m.
Comment & Analysis More Comment & Analysis
Hastie collapse doesn't signal an avalanche
MALCOLM MAIDEN |
Hastie is another blow to sentiment, and as they accumulate, the odds on another cash rate cut from the Reserve Bank are narrowing.
- Ross Gittins Budget loopholes turn out to be a pain in the assets
- Ian Verrender Stage is set for Crown prince to fulfil Star quest
- Jessica Irvine Nation's golden goose plump with riches for all
- Marcus Padley World of difference between brokers and fortune-tellers
- Annette Sampson Fairer treatment of savings remains elusive
- More Comments & Analysis
Small Business Resources | Startup | Entrepreneur | Franchise | Manage | Market | Trends
How to sharpen your mind and stress less
LARISSA HAM 1 Jun |
Get out from under that doona! It's the first day of winter, and what better time for us to get the motivational whip out?
- Michael Baker Fashion's new front: wearable technology
- ENTREPRENEURS From $100 in pocket to a sprawling empire
- MANAGING Mate, this is serious business
- THE VENTURE Open your business with a bang
- Recruiters mine rich source of talent
- How much tax will I pay on a second job?
- Warning on carbon tax rorts
- More Small Business
Money Saving | Borrowing | Investing | Planning | Super & Funds | Tax | Tools & Guides
June 30 tax tips to save a bundle
ANNETTE SAMPSON |
Here are 12 simple strategies guaranteed to put cash back in your pocket before the changes come in for the next financial year.