Australian Market Report. The Australian share market ended the day down more than 1 per cent, following losses in Wall Street on poor jobs data. More...
Australian Securities and Investments Commission intervenes in battle between local councils and Lehman Brothers. More...
In recent weeks, any piece of economic data that could loosely be desribed as "less worse than expected" has been portrayed as a good result - to use, or overuse, the jargon - a green shoot. More...
Australia is on track to defy the world and avoid a recession in 2009, beginning a recovery early next year, in the assessment of more than 20 leading economists. More...
Billionaire Clive Palmer is broadening his reach in the resources sector after buying BHP Billiton's Yabulu nickel refinery and setting his sights on its mothballed $US2.2 billion ($2.8bn) Ravensthorpe mining operation. More...
If you want an insight into the scale of Clive Palmer's ambition, there are clues in a shelf company he set up in March -- Resourcehouse. More...
Rio Tinto has completed its $US15.2 billion ($18.9 billion) rights issue, with 94.76 per cent of shareholders taking up the Australian component of the offer. More...
The Australian Taxi Industry Association held a conference in Sydney in May 2004. Perhaps a year from now, a Federal Court judge will decide whether the following private conversation took place there. More...
Ian Law has never been a man to shy away from making tough decisions. "A natural CEO doesn't care if anyone likes him or not," says a close associate, "and Ian really doesn't." And there are few less popular jobs than running PBL Media More...
The airline industry may be on its knees worldwide, but it seems there has never been a better time to fly. More...
The federal government says a strong rebound in new car sales in June shows the government's targeted investment incentives are working. More...
The former chief executive of Patrick, Chris Corrigan, was vindicated yesterday when the Federal Court dismissed claims against him of price fixing and collusion. More...
Some retailers have had all the luck. Take budget furniture chain Fantastic Holdings. More...
Metal recycler Sims Metal Management has bought US recycler Fairless Iron & Metal for an undisclosed amount. More...
Liquidators of the failed Timbercorp Securities group are expected to ask the Federal Court on Monday to determine if they are personally liable for leases on the land that underlies the company's various managed investment schemes. More...
The corporate watchdog is planning rules to make it easier to track whether slabs of shares in a company held by big investors are being lent to others. More...
The number of Australians filing for bankruptcy and entering into other forms of debt agreements has increased in the past three months, compared with this time last year. More...
Housing shortages are likely to persist, keeping upward pressure on prices, says the managing director of Australand, which has seen borrowing costs rise by as much as 2.5 per cent from a year ago More...
The Australian dollar closed lower as risk-averse investors deserted it in response to weaker than expected US jobs data More...
Australia's illiquid credit default swap market could get a shot in the arm in coming months as traders embrace a global move to reduce counterparty risk and boost transparency in derivatives, according to analysts. More...
The City of Dreams, James Packer's latest Macau casino, has disappointed the market in its first month of trading with its lack of VIP and mass-market gamblers and its lower than expected market share. More...
Oil and gas producer Beach Petroleum Ltd has extended its takeover bid for joint venture partner Drillsearch Energy Ltd by 29 days and waived all conditions, after a slow take-up by the target's shareholders. More...
Woodchipper Gunns has acquired a 17.9 per cent stake in Forest Enterprises Australia at 10c per share. More...
Firestone Energy Ltd says it is on track to commence small-scale mining in South Africa by the end of the year in a joint venture with local explorer Sekoko Coal Pty Ltd. More...
One of Australia's biggest office tower landlords, Dexus Property Group, has wiped almost $900 million off the value of its $8.9 billion Australian, European and and US property holdings More...
Victor Smorgon, the head of one of Australia's wealthiest families and one of the country's greatest industrialists, has died in Melbourne. More...
Bill Evans. There's little chance the Reserve Bank Board will decide to change rates on Tuesday but the expected rise in unemployment and the need to support business lending will loom in coming months More...
Michael Stutchbury. The toxic debt build-up that fuelled the sub-prime crisis has not been worked off. It has just been shifted to government. More...
John Durie. Captains of industry are cautiously optimistic that the worst is behind us. More...
James Thomson. Australia's 20 richest equity investors lost 44% of their wealth in 2008-09, but there are signs that they have started to rebuild their fortunes More...
Terry McCrann. Our corporate deputy sheriff is hot on the case. In midweek, the ASX -- the Australian Securities Exchange -- issued a six-page analysis accompanied by a two-page press release. More...
Ross Gittins. Would you like to be smarter than the average punter at understanding what's happening in the economy? Do you want to pick the weaknesses in the economic arguments you hear from politicians or on talkback radio? More...
Ian Verrender. There was an odd, awkward silence this year; no popping corks, no elaborate fireworks and none of those odd financial New Year's Eve parties. More...
U.S. Market Report. An updated report of the latest action on Wall Street More...
World Market Report. An updated report of the worlds' latest market movements More...
U.S. stocks fell for a third straight week, the longest losing streak since March, on concern deeper-than-estimated job cuts and a drop in consumer confidence will prolong the recession More...
President Obama called the U.S's latest unemployment figures sobering, but said the economic recession is slowing. More...
Major countries should support the dollar as the key international currency, although emerging nations may discuss a new global reserve currency on the sidelines of the G8 summit next week,a Japanese official said on Friday. More...
Suresh Tendulkar, an economic adviser to Indian Prime Minister Manmohan Singh, said he is urging the government to diversify its $US264.6 billion foreign-exchange reserves and hold fewer dollars. More...
A rogue trader at a London-based oil brokerage causes his employer to lose $US10m after making unauthorised trades. More...
US anti-trust regulators are to investigate a $US125m deal Google has made with book publishers to settle copyright issues, reports say. More...
British Airways says it is to reduce capital spending by 20% as it faces falling passenger numbers. More...
About 13,000 employees at state-run Air India walked off the job for two hours Friday after the airline failed to pay their monthly wage. More...
Retail sales in countries that use the euro fell more than expected in May, a further sign that consumers are still limiting their spending, data shows. More...
Seven U.S. banks were shut down by authorities Thursday, pushing the tally of failed banks for 2009 to 52, more than doubling the failures in 2008. More...
European governments are due to sign an agreement on the Nabucco gas pipeline on 13 July, the European Commission has announced. The pipeline will bring Central Asian gas to western Europe via Turkey and the Balkans, bypassing Russia. More...
The UK is prepared to make loans or loan guarantees to help push through the sale of Vauxhall, Business Secretary Lord Mandelson has said. More...
General Motors Corp.’s battle with creditors over its reorganization neared an end yesterday, leaving it up to a bankruptcy judge to decide the fate of a plan to create a streamlined carmaker by selling its best assets to a group led by the U.S. Treasury. More...
General Motors Corp. said Beijing Automotive Industry Holding Co. submitted an offer for its Opel division, giving the bankrupt U.S. automaker more options in the event negotiations with Magna International Inc. fail. More...
Profits at celebrity chef Gordon Ramsay's British restaurants plunged by nearly 90 percent in the last 12 months. More...