Surprise drop in PPI
CHRIS ZAPPONE 11:31am |
Costs in the economy fall for the first time in more than two years, adding to the case for a rate cut when the Reserve Bank meets next week.
Miners lead shares lower
4:45pm |
Australian shares slipped in quiet trade today, retreating from eight-month highs hit last week with investors on tenterhooks ahead of inflation figures.
Biota to delist after Nabi takeover
4:31pm |
Flu drug maker Biota Holdings has agreed to take over US firm Nabi Biopharmaceuticals to create a $250 million group and move to the United States.
Gina Rinehart seeks more royalties from Rio
LEONIE LAMONT 12:42pm |
Gina Rinehart seeks to gain millions of dollars she and others claim they are owed by Rio Tinto.
Wine exports soured by dollar's strength
ELI GREENBLAT 4:56pm |
The volume of Australian wine exports fell by 7 per cent in the 12 months to March, due to the strong Australian dollar.
Dollar tipped to dip below parity
CHRIS ZAPPONE 3:08pm |
Weaker commodity prices and lower interest rates have combined to put the dollar on track to fall below parity with the greenback, analysts say.
Mining spoof draws legal threat from Xstrata
BEN BUTLER 12:58pm |
Efforts by coal giant Xstrata to purge a parody mining commercial from video site YouTube have backfired, re-igniting interest in the months-old clip.
Allens Arthur Robinson forges global alliance
9:51am |
Law firms Allens Arthur Robinson and Linklaters have agreed on an alliance to compete internationally.
| ASX 200 | 4352.4 | -14.1 | -0.3% |
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| Dow Jones | 13029.3 | 65.2 | 0.5% |
| Nasdaq | 3000.4 | 0.0 | 0.0% |
| Hang Seng | 20624.4 | -386.2 | -1.8% |
| NZ 50 | 3513.4 | -2.8 | -0.1% |
Data delayed by 20 mins.
Business News Wire
7:03PM Spain back in recession after contraction
12:11PM Weak producer prices hint at rate cut
11:32AM Aust final PPI fell 0.3 in March qtr
10:09AM Biota to merge with US company
Markets ASX Indices | ASX Top Movers | GICS Industries | Currencies
Dollar falls as rate cut looms
4:21pm |
The Australian dollar nudged lower on Monday as a very soft reading on producer inflation brought an RBA rate cut closer.
- ASX Miners lead shares lower
- Gold little changed ahead of Fed meeting
- Oil trades mixed in Asia
- Wall St Earnings lift US stocks
- Wall Street week ahead Earnings, Fed to prove sceptics wrong
- Matthew Kidman Gold: the asset that keeps defying the pundits
- Under The Radar Shares plummet after Prima BioMed US listing
- More Markets
More than morning's work
Insider HydroMet Corporation can expect confirmation that Chunxing Group has triggered a takeover.
- Insider Yellowtail of woe a kick in the gut
- Insider Paying dearly in dicey Dubai
- Insider Rejig will show Tru bottom line
Video
The week ahead with Janine Perrett
Better news for markets from offshore, but more uncertainty and drama at home in Canberra. (04:50)
World Business
Lagarde's next battle at IMF: power shift
12:27pm |
Fresh from a big victory in raising $US430 billion for the IMF, Christine Lagarde's tougher test will be finding a way to give emerging economies more influence.
- Chinese manufacturing activity stabilises
- Debt rescue writedown hits Greek banks
- Space mining startup set for launch in US
- Google dumps publisher payment platform
- Nokia stung by $1.2b loss
- Why emerging markets will play bigger role on global stage
- China not ready for economic leadership: ex-central banker
- More World Business
IMF raises $US430b for crisis fund
The IMF says it has raised "over" $US430 billion for its "global firewall" to intervene in possible economic crises.
Comment & Analysis More Comment & Analysis
Corporate tax cut with a twist
CLANCY YEATES |
After years of pleading for lower taxes, corporate chiefs may soon have a dilemma on their hands.
- Siman Johanson Add a car and that's your lot
- CBD Remuneration in shareholders' eyes
- Mark Bouris Starting a business can be a 24-hour job
- Phil Chronican ANZ's interest rate decision was based on facts
- Matthew Kidman Gold: the asset that keeps defying the pundits
- Under The Radar Shares plummet after Prima BioMed US listing
- More Comments & Analysis
Small Business Resources | Startup | Entrepreneur | Franchise | Manage | Market | Trends
Partners bubbling over with success
Belinda Fraser and Melanie Gleeson started endota spa because they wanted to be in charge of their own financial destinies.
Valerie Khoo's view
An app can be the perfect way to enhance your business's current offerings and create a whole new revenue stream.
Money Saving | Borrowing | Investing | Planning | Super & Funds | Tax | Tools & Guides
Luxury brands deliver the goods
JOHN COLLETT |
Asian demand for prestigious labels has been profitable for global funds.
