Rupee hits record low
4:57am |
India's central bank will provide dollars directly to state oil companies in its latest attempt to shore up a currency that has slumped to a record low,.
Investor caution points to flat start
5:21am |
ASX set to open flat after Wall Street made modest gains but European bourses fell amid nervousness over possible action against Syria.
Travel demand doubles Air NZ profits
MATT O'SULLIVAN 6:08am |
Air New Zealand has more than doubled its full-year net profit and declared that it will endeavour to improve on the result in the new financial year.
Woolies boss cautious on profit target
ELI GREENBLAT |
Grant O'Brien has shied away from promising anything better than 7 per cent profit growth this year.
Fired executive 'out for revenge'
JANE LEE |
Energy Australia says the legal action brought against it aims to 'destroy' its managing director's reputation.
Tardy debtors squeeze Transfield
BRIAN ROBINS |
The slowdown in the economy prompts corporate Australia to keep its hands in its pockets.
Judge considers new Gippsland deal
GEORGIA WILKINS |
A decision over the future of troubled lender Gippsland Secured Investments has been delayed.
Former Liberal MP takes reins at lobby group
MADELEINE HEFFERNAN |
Peter Collins, a one-time senior member of the NSW Liberal Party, will become chairman of lobby group Industry Super Network.
| ASX 200 | 5087.2 | 0.0 | 0.0% |
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| Dow Jones | 14824.5 | 48.4 | 0.3% |
| Nasdaq | 3593.3 | 14.8 | 0.4% |
| Hang Seng | 21524.6 | 0.0 | 0.0% |
| NZ 50 | 4531.1 | 21.4 | 0.5% |
Data delayed by 20 mins.
Business News Wire
2:30AM Unemployment rates fall in US cities
4:56PM Mimco, Witchery boost Country Road profit
4:41PM Prime Media says conditions still tough
Markets ASX Indices | ASX Top Movers | GICS Industries | Currencies
US energy stocks jump on oil rise
5:34am |
Wall Street rose overnight as energy shares rallied on higher oil prices as the United States and its allies edged closer to military action against Syria.
- Currency Aussie firms as investors await Syria action
- need2know Investor caution points to flat start
- Commodities Syria escalation sends oil soaring
- Global markets Oil soars, Euro shares fall on Syria concerns
- More Markets
Don't count US bonds out yet
Analysis The US bond market is on track to suffer its worst year since 1981, but don't go overboard in dumping bonds, experts say.
- Business calendar: August 26-30
- Earnings Enjoy dividends while they last
- Rates Asians keen on Aussie bonds
- Intelligent Investor Wesfarmers misses the mark
Video
Markets getting serious over Syria
Business columnist Malcolm Maiden takes a look at the news in this week's business market. (05:54)
World Business
RBI steps in as Rupee plunges to record low
4:57am |
India's central bank will provide dollars directly to state oil companies in its latest attempt to shore up a currency that has slumped to a record low, reflecting the stiff economic challenges facing the country.
PetroChina execs under watch
Three executives of the listed arm of China's biggest oil producer are being investigated.
Comment & Analysis More Comment & Analysis
Flight Centre climbs past turbulence
MALCOLM MAIDEN |
Five years ago, the group looked likely to be swallowed up by the internet juggernaut.
- Analysis Markets feel fallout over war fears
- Elizabeth Knight There's plenty of room left to grow
- Elizabeth Knight Advisers, consultants skim off $23m in fees
- CBD Slimming firm trims right down
- Hedging Local businesses to avoid credit crunch
- More Comments & Analysis
Money Saving | Borrowing | Investing | Planning | Super & Funds | Tax | Tools & Guides
Maximum security on the cards
PENNY PRYOR |
Online fraudsters are getting better at what they do but there are several ways to limit your potential losses.
- PROBLEM SOLVING Now listen here: how to make a complaint count
- ASK NOEL Roll the dice on strategic advice
- SUPER Insurance is a risk when doing it yourself
- MONEY SMART WEEK Regain control of your finances
- GETTING ELECTED Punters backing the majority rule
- UNDER THE RADAR Growth the lure in going offshore
- THE CHARTIST Euro on brink of breakout
- INSIGHT Rise in property prices threatens to grow bubbles
- More Money
$20,000 just a drop in the ocean
Old and rare whiskies, even bottles that can't be drunk, are now regarded as an investment. They could also make a great Father's Day gift.
