Bank shares drop again
CHRIS ZAPPONE 3:56pm |
Bank shares slump for a second day, hit by European debt woes and questions about the sector’s exposure to the local housing market.
Leighton keeps door ajar for Wal King
PHILIP WEN 1:39pm |
Leighton chief David Stewart says he would be comfortable with former CEO Wal King returning to the board, but adds he doesn't pick the board.
Goldman now 'more bullish' on commodities
1:22pm |
Goldman Sachs is turning “more bullish” on raw materials and recommends investors buy crude oil, copper and zinc.
Retailers' mark-ups under threat from online
CHRIS ZAPPONE 12:27pm |
As a shopper, have you ever pondered what sort of mark-up the retailer has slapped on to the pair of Levi's jeans or Adidas runners?
Pressure grows on retail brokers
ADELE FERGUSON 10:24am |
COMMENT
Two more stockbrokers cease trading with third-party clearer Berndale Securities, increasing risk in the financial system.
- Telstra launches 4G in capital cities
- CBA relaxes social media rules
- Thorn shares jump on profit result
- Wesfarmers lowers coal output forecast
- Lend Lease sells US mall to repay debt
- LPG price set to soar under tax changes
- MacroBusiness How house prices are sapping spending
- More Business News and Views
| ASX 200 | 4628.847 | -14.109 | -0.3% |
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| Dow Jones | 12381.26 | -130.78 | -1.05% |
| Nasdaq | 2758.9 | 0 | 0.00% |
| Hang Seng | 22730.78 | 19.76 | 0.09% |
| NZ 50 | 3559.551 | 5.413 | 0.15% |
Data delayed by 20 mins.
Business News Wire
3:04PM Small businesses more willing to borrow
2:04PM NSW power sale to weaken margins, says S&P;
1:42PM Stewart unsure whether King will return
Markets ASX Indices | ASX Top Movers | GICS Industries | Currencies
Banks spearhead share losses again
2:16pm |
Australian stocks have ended the day slightly lower, extending yesterday's losses, with the financial sector under selling pressure.
A cold hard look at Greenland
Insider Small wonder that Rod McIllree, is over on the icy island preparing for the summer exploration campaign.
- Insider Seven doesn't spread riches
- Insider Rio Tinto looks to bid for crumbs
- Insider Fabulous finder's fee
- Insider A Singapore fling with OneSteel
- Insider Green bottles fall off Penrice wall
- Insider Trains not up to scratch
Video
The week ahead with Michael Pascoe
It's the start of Capex week and perhaps the most important ABS release of the quarter. (04:18)
World Business
China's growth forecasts pared
12:44pm |
Goldman Sachs joins banks lowering their forecasts for China's growth as Premier Wen Jiabao's campaign to rein in inflation restrains the economy.
- Poised for the IMF purse strings after DSK
- Big Blue bites back as IBM overtakes Microsoft
- Fitch, Moody's say Italy outlook stable
- Greece to sell state assets to curb debt
- ECB holds off bond buying
- Fitch cuts Belgian rating outlook
- Warning of bubble in iron ore
- John Garnaut Princelings jostle for stake in China's future
- More World Business
Investment bankers' nasty tricks
One thing learnt in the GFC aftermath is that stiffing clients is not a crime.
Comment & Analysis More Comment & Analysis
Myer shareholders, read again and weep
CBD |
Myer shareholders can always try to cheer themselves up by reading something glossy.
- Robert Skidelsky Job sharing may hold key to lifestyle
- Adele Ferguson Online boom shows much more pain still to come
- John Garnaut Princelings jostle for stake in China's future
- Leonie Wood Boards watching the Centro case
- Ross Gittins Labor's lick and promise to beached job-seekers
- More Comments & Analysis
Money Saving | Borrowing | Investing | Planning | Super & Funds | Tax | Tools & Guides
Baby bonus ups bargaining power
The $3000 baby bonus has given more power to the partner who wants more children, even if it is the man, a study shows.
- Annette Sampson Family trusts in the frame over loopholes
- Investing through the ages
- Not all decisions are safe as houses
- TECH TALK More than just a game
- Ill winds push profits north
- MONEY MATTERS The boom and the gloom
- More Money
Talking term deposits
Interest rate rises don't automatically translate to better deals on deposits.
