Myer downgrades profit
4:43pm |
Myer's shares slide on a profit downgrade after the department store's third-quarter sales fall.
Stocks resume broad retreat
5:34pm |
Australian stocks tumbled on fresh fears about a possible Greek exit from the euro zone, with all major stock sectors weaker.
Hooroo to Uluru as Qantas cuts flights
5:41pm |
Qantas and Jetstar cut flights to the Northern Territory due to a slump in overseas visitors in a move unions have described as an abandonment of regional Australia.
Graphite miner soars on single drill hole
PETER KER 5:51pm |
A little-known Melbourne mining company is the talk of the Australian Securities Exchange, with its share price doubling today.
Gorgon gets clearance for no-visa workers
LEONIE WOOD 12:40pm |
Federal Court deems that foreign workers on two pipe-construction vessels won't not need to apply for Australian work visas.
Megapixel war as camera makers go snap
GLENN MULCASTER 2:20pm |
Big camera makers resume pixels war to combat the rise of the smartphone that threatens to erode sales of snapshot cameras.
Smelter closure to trigger 450 job losses
BRIAN ROBINS 10:24am |
Upwards of 450 jobs are to be axed in the Hunter Valley, with the planned closure of the Kurri Kurri aluminium smelter.
China slowdown threatens Australia
12:30pm |
Australia's economy could be at risk as Europe's debt crisis threatens China's export markets, the World Bank says.
- Smile, we're the world's happiest nation
- Rio gets nod for Queensland bauxite expansion
- Rinehart misses out on Fairfax board seat
- Brambles reveals delay in Recall sale
- Growth outlook remains weak: survey
- Procrastinating BHP pressured over uranium deposit
- Leighton readies to shed Habtoor
- More Business News and Views
| ASX 200 | 4067.0 | -54.0 | -1.3% |
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| Dow Jones | 12502.8 | -1.7 | -0.0% |
| Nasdaq | 2839.1 | 0.0 | 0.0% |
| Hang Seng | 18786.2 | -253.0 | -1.3% |
| NZ 50 | 3510.2 | -19.7 | -0.6% |
Data delayed by 20 mins.
Business News Wire
5:10PM Dollar's slide in line with fundamentals
3:41PM China slowdown threatens Aus: World Bank
12:57PM Fairfax makes board changes
Markets ASX Indices | ASX Top Movers | GICS Industries | Currencies
Dollar tumbles on Greek euro exit fears
5:24pm |
The Australian dollar tumbles more than 1.5 US cents to its lowest level since November as fears grow that Greece will leave the euro zone.
Ignominy looms for ASX IPO shift
Insider ASX proposals to free up capital raising rules for small and mid-size companies could be headed for a humiliating defeat.
- Insider There's no pleasing analysts
- Insider ASIC hunts webscam spinners
- Insider New ASIC website falls short
- Insider Golden investment down the river
- Insider Rule changes need more scrutiny
Video
'V' for volatility is stock market hallmark
Business columnist Malcolm Maiden takes a look at the news in this week's business market. (05:04)
World Business
Where are Facebook's friends? Shares hit again
6:48am |
Facebook's shares fell sharply again overnight, but some investors still consider the shares overpriced.
- Japan's government calls for more central bank action
- Fitch cuts Japan's credit rating, cites huge debt
- Dell dives as profit disappoints
- OECD pushes EU growth over austerity
- Steady China index offers investors hope
- Paris, Berlin make Greece euro pledge
- JPMorgan suspends share buyback plans
- More World Business
Apple's million-dollar-a day man
Apple chief executive Tim Cook's stock options for 2011 cashed in at $US376m.
Comment & Analysis More Comment & Analysis
Gloom and doom, for no reason
MALCOLM MAIDEN |
Kohlberg Kravis Roberts' George Roberts visited Australia last year and remarked that Australians seemed terrified of a global crisis they had not actually experienced.
- Martin Pretty Facebook facts reveal upwardly mobile battle
- CBD Buchanan smooths out the wrinkles
- Matt O'Sullivan Qantas gives contenders a chance to earn their wings
- Adele Ferguson Load at Leighton gets no lighter
- Ian Verrender Surplus already just a memory
- More Comments & Analysis
Small Business Resources | Startup | Entrepreneur | Franchise | Manage | Market | Trends
How to pitch to clients
CHRISTOPHER NIESCHE 23 May |
Public speaking can be nerve-racking at the best of times, but especially when pitching for new business.
- FRANCHISING Franchise whiz hit by arsonists for second time
- How do I structure my employment and business incomes?
- Sisters-in-law find that if the shoe fits, sell it
- Mark Bouris Friends can stay friends even in business
- How to win more jobs with a 'love me' tender
- Small business makes super mistake
- More Small Business
Turning a pet peev into a biz idea
Daniel Battaglia has turned his dislike of parking fees into a business.
Money Saving | Borrowing | Investing | Planning | Super & Funds | Tax | Tools & Guides
Safe haven stocks for rocky times
John Collett finds the silver lining for investors in the Aussie's latest slide against the greenback - and shares with good yields offer the best prospects.
