Business
AIG posts $10 billion loss for quarter
AILING insurer has reported an $9.94 billion quarterly net loss after a reduction in the billions it owes the White House.
What's your beef? Stores to shun imports
SUPERMARKETS won't stock foreign beef when the nine-year ban on imports is lifted.
US growing, but foul weather hits Wall St
THE US economy grew a touch more than initially thought in the fourth quarter, but a surprise drop in January home sales to a seven-month low and weaker consumer sentiment underscored the headwinds for the recovery.
Discounting is sending retailers broke
SHOPS should not "discount the shit" out of their products, says retailer Gerry Harvey.
ANZ profit up 16pc over four months
ANZ has increased its underlying profit on higher earnings, wider margins and lower bad debts.
Business Breaking News
Most Read
- What's your beef? Stores to shun imports
- Solo sailor Jess set to make millions
- Discounting is sending retailers broke
- AIG posts $10 billion loss for quarter
- US growing, but foul weather hits Wall St
- $10,000 credit for 10 billionth song buyer
- Hang up now! Shops push for mobiles ban
- 'Sales are sending retailers broke'
- Companies teaching open-plan etiquette
- Prudential in $28bn AIG bid
- Bargains went begging amid the chaos Mining & Energy
- Community TV goes digital Media
- Virgin chief ready for take-off Aviation
- Clyne defends NAB's strategy Financial Markets
- NAB struggles to tell its story Banking & Finance
Opinion
Criterion
Minnows put the big boy in the shade
MINNOW telcos are showing the lumbering Telstra how to turn a quid.
John Durie
leading and managing
Part-time mums can reduce obesity crisis
CHILDREN of working and stay-at-home mothers more likely to be fat, leading to calls for family-friendly workplaces.
Unhappy workers keen to jump ship
RECRUITER says she has never seen a time when there are so many unhappy people keen to move jobs.
Is this the slowest bus in Australia?
PASSENGER says it's quicker to walk home than riding bus that takes 35 minutes to travel 3.5km.
Boards should embrace failed execs
PETER Yates has called on boards to welcome entrepreneurs and executives who have failed.
your money
Cutting the cost of private health cover
HEALTH Insurance costs are going up but there are savings available if you are able to tailor your cover.
Kmart: Let's go shopping on Anzac Day
STORE wants permission to ring cash tills on the day Australia remembers its fallen.
Homeowners 'overpaid' for houses
A QUARTER of homeowners who bought and sold their property in the past five years have lost more than $54,000 on average.
First-home boost hiked prices - lender
LAST-MINUTE frenzy for boost saw some first-time buyers overpay by up to $50,000, lender claims.
Investing
Dividends the key to long-term investing
NEW research shows dividends are more important than share price when it comes to investing in the market.
Business Buzz
Woman phoned to say bye as car sped up
DRIVER made desperate 'last call' to husband as her new car sped out of control down a freeway.
Appeal lodged in iiNet copyright case
A LANDMARK stoush over illegal downloads continues as 34 movie studios appeal a court ruling.
Stock Quotes
Market Charts at 12:00AM
| Switch to Chart | Points | Change | Percent |
|---|---|---|---|
| Hang Seng | 20608.7 | +140.96 | +0.69 |
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| ASX200 | 4637.7 | +43.6 | +0.95 |
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| All Ords | 4651.1 | +36.2 | +0.78 |
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| Nikkei | 10126.03 | +24.07 | +0.24 |
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| Switch to Chart | Points | Change | Percent |
|---|---|---|---|
| DJIA | 10325.26 | +4.23 | +0.04 |
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| S&P; 500 | 1104.49 | +1.55 | +0.14 |
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| S&P; 100 | 506.06 | +0.76 | +0.15 |
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| NASDAQ | 1818.68 | +5.77 | +0.32 |
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| Switch to Chart | Points | Change | Percent |
|---|---|---|---|
| CAC 40 | 3708.8 | +68.03 | +1.87 |
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| DAX 30 | 3987.77 | -56.77 | -1.4 |
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| FTSE | 5354.52 | +76.3 | +1.45 |
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| Euro Top100 | 2146.66 | +21.97 | +1.03 |
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| Switch to Chart | Points | Change | Percent |
|---|---|---|---|
| AUD/USD | 0.8982 | +0.0 | +0.28 |
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| Switch to Chart | Points | Change | Percent |
|---|---|---|---|
| Oil | 79.69 | +1.74 | +2.23 |
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ASX200 - Top Gainers & Losers at 04:10PM
| Code | Name | Price | Percent |
|---|---|---|---|
| WOW | Woolworths | 26.84 | 5.46% |
| AGK | AGL Energy | 14.37 | 4.13% |
| IFN | Infigen Energy | 1.28 | 4.06% |
| QBE | QBE Insurance G.. | 21.4 | -6.96% |
| ESG | Eastern Star Gas | 0.665 | -5.68% |
| EWC | Energy World Co.. | 0.26 | -5.46% |
Commodities
| Name | Price | Change | Percent |
|---|---|---|---|
| Gold | 1118.5 | +12.8 | +1.16% |
| Oil | 79.69 | +1.74 | +2.23% |
| Lead | 2140.75 | +15.0 | +0.71% |
| Copper | 7166.5 | +197.25 | +2.83% |
