Business News
QR investors cash in on quick profits
RETAIL investors continued to sell their QR National shares yesterday, happy to take a profit on the back of eager overseas buyers.
US Fed lowers outlook for economy
THE US Federal Reserve lowers forecast for economic growth this year and predicts a higher unemployment rate for 2011.
Auction website sells homes online
REAL estate agent creates a website that allows people to bid on auctions for their dream homes online from anywhere in the world.
Dollar down more than half a cent
THE dollar opened the local session today more than half a cent lower.
US stocks down on Korean conflict
FIGHTING between North Korea and South Korea and ongoing worries about European debt point to a lower opening for US stocks overnight.
Business Breaking News
Most Read
- New law will shut up shops for holidays
- QR investors cash in on quick profits
- Nude sleepwalker awarded $14m damages
- One of first Apple computers auctioned off
- 'No policy' for online shopping tax
- Shares dive amid Korea tensions
- US Fed lowers outlook for economy
- Dollar down more than half a cent
- Philippoussis served with bankruptcy notice
- Slap GST on online sales - Gerry Harvey
- Super's salad days over Wealth
- Thanksgiving travellers urged not to boycott scans Aviation
- Gold shines as investors seek cover Mining & Energy
- Wall St slumps as macro worries weigh Financial Markets
- Lachlan Murdoch completes Ten buy Media
- Bankwest in $20m data centre deal Banking & Finance
Opinion
Criterion
Electronic scales help seal a deal
"WE are having a real dreadful period at the moment," the irrepressible Gerry Harvey says of flat-screen TV margins.
John Durie
The fact is, it's gloomy in retail
11:10AM COCA Cola Amatil's Terry Davis has added to the caution around retail, affirming earnings guidance but only provided we get a normal summer.
leading and managing
Drink more wine and save Aussie industry
WINE lovers are urged to get over the "cultural cringe" and ditch the imports by drinking only Australian-made drops.
DJs take on eBay in Boxing Day sales war
RISING Aussie dollar forces retail giant to hold famous sales online to compete with overseas sites.
Nude sleepwalker awarded $14m damages
MAN awarded $14 million over former employer's press release over nude sleepwalking incident.
Bank manager wins claim over stress
FORMER manager "driven to a nervous breakdown" by unrealistic goals has court win against CBA.
planning and starting
Auction website sells homes online
REAL estate agent creates a website that allows people to bid on auctions for their dream homes online from anywhere in the world.
Westpac to benefit from 'lending rebound'
BORROWING by big businesses set to rebound in 2011 as they are expected to grow revenue and hire more people, a survey says.
Florist blooms to small business success
KYE Carqueville opened his own florist one year ago at the age of 20, straight out of a TAFE small business and marketing course.
Beer strike threatens Christmas cheers
BEER could be in short supply this Christmas season and summer with Tooheys workers launching action over pay dispute.
Stock Quotes
Market Charts at 12:00AM
| Switch to Chart | Points | Change | Percent |
|---|---|---|---|
| Hang Seng | 23524.02 | -81.69 | -0.35 |
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| ASX200 | 4561.0 | -28.1 | -0.61 |
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| All Ords | 4648.3 | -28.6 | -0.61 |
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| Nikkei | 10022.39 | 0.0 | 0.0 |
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| Switch to Chart | Points | Change | Percent |
|---|---|---|---|
| DJIA | 11036.37 | -142.21 | -1.27 |
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| S&P; 500 | 1180.73 | -17.11 | -1.43 |
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| S&P; 100 | 530.65 | -7.52 | -1.4 |
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| NASDAQ | 2494.95 | -37.07 | -1.46 |
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| Switch to Chart | Points | Change | Percent |
|---|---|---|---|
| CAC 40 | 3724.42 | -94.47 | -2.47 |
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| DAX 30 | 6705.0 | -117.05 | -1.72 |
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| FTSE | 5581.28 | -99.55 | -1.75 |
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| Euro Top100 | 2247.46 | -37.97 | -1.66 |
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| Switch to Chart | Points | Change | Percent |
|---|---|---|---|
| AUD/USD | 0.9751 | +0.0 | +0.29 |
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| Switch to Chart | Points | Change | Percent |
|---|---|---|---|
| Oil | 80.99 | -0.2 | -0.25 |
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ASX200 - Top Gainers & Losers at 11:10AM
| Code | Name | Price | Percent |
|---|---|---|---|
| BOW | Bow Energy | 1.185 | 3.94% |
| COH | Cochlear | 77.43 | 3.4% |
| MGX | Mount Gibson Ir.. | 1.895 | 2.98% |
| ISF | iSOFT | 0.072 | -7.7% |
| TPI | Transpacific In.. | 1.19 | -4.04% |
| APN | APN News & Media | 1.84 | -3.92% |
Commodities
| Name | Price | Change | Percent |
|---|---|---|---|
| Gold | 1377.6 | +11.9 | +0.87% |
| Oil | 80.99 | -0.2 | -0.25% |
| Lead | 2163.25 | -63.25 | -2.84% |
| Copper | 8168.0 | -145.0 | -1.74% |
