Fortescue stays on track
PETER KER 1:13pm |
Fortescue Metals Group says it remains on target to achieve full year guidance around iron ore exports, production costs and capital spending.
Markets Live: US deal news boosts ASX
1:30pm |
The ASX has opened higher after US Senate leaders reached a deal for a temporary budget and to extend the debt ceiling, ending the government shutdown.
Lawyer lashes out at 'Gestapo unit' in ATO
BEN BUTLER 11:55am |
A lawyer who has worked with three businessmen arrested on tax evasion charges says the federal government taskforce is a 'Gestapo unit'.
Congress pass US debt bill
1:34pm |
The Senate and House have formally approved a deal that was announced today to enable the US to avoid going into default.
Newcrest concedes defeat in tax dispute
PETER KER 9:58am |
Newcrest agrees to pay $120 million tax bill, turning the spotlight on the controversial acquisition of Lihir, as the miners updates on production.
Ten slides deeper into red
MADELEINE HEFFERNAN 11:21am |
Ten Network flags a debt refinance as it reports a $285 million full-year loss, weighed down by impairments and sagging revenues.
Business confidence up but conditions weak
GLENDA KWEK 12:28pm |
Business confidence and conditions continue to diverge, with sentiment at its highest level in two years even as conditions sank, survey finds.
Boral to merge plasterboard interests
BRIAN ROBINS 12:17pm |
Building products group Boral will receive $US575 million ($601.8 million) from the planned merger of all of its plasterboard interests with USG.
| ASX 200 | 5275.7 | 12.8 | 0.2% |
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| Dow Jones | 15373.8 | 205.8 | 1.4% |
| Nasdaq | 3839.4 | 45.4 | 1.2% |
| Hang Seng | 23261.9 | 33.6 | 0.1% |
| NZ 50 | 4779.3 | 20.5 | 0.4% |
Data delayed by 20 mins.
Business News Wire
12:43PM Fortescue ships more ore at higher prices
12:17PM Newcrest lifts gold production
11:53AM Mining business conditions hit 14-year low
11:34AM Woodside on track to reach 2013 targets
9:54AM Ten makes $285 million loss
Markets ASX Indices | ASX Top Movers | GICS Industries | Currencies
US stocks surge as deal is reached
8:56am |
US stocks surged on Wednesday, nearing an all-time high, after Senate leaders said they had reached a deal to raise the government debt ceiling, one day before the US defaults on its debt.
- ASX Market climbs cautiously after US breakthrough
- Currencies $A lifts as US default fears fade with Senate vote
- Crude Oil prices rally on US debt deal
- Global markets European stocks turn higher on US deal
- Commodities Gold rises on US deal hopes
- More Markets
Finding value in OzForex
Motley Fool Online foreign exchange company OzForex looks expensive but has first-mover advantage as a disruptor.
- Business calendar: October 14-18
- Intelligent Investor Chinese investors say 'g'day'
- Jesse Eisinger Why a bit of panic would help
Video
US Senate reaches debt deal
RAW VISION: bipartisan deal announced by US Senate leaders that will attempt to raise the debt limit and end the government shutdown. (01:34)
World Business
S&P; says shutdown has hurt US growth
9:50am |
The partial US government shutdown has taken $US24 billion ($A25.24 billion) out of the economy and will cut growth in the fourth quarter significantly, ratings firm Standard & Poor's says.
Apple poaches Burberry CEO to reverse retail slide
Angela Ahrendts is the first female Apple executive in nearly a decade.
Comment & Analysis More Comment & Analysis
Failure to pay unthinkable, but also unlikely
PETER MARTIN |
What will we do if the US can't pay its debts? Apparently we have 'back-pocket plans'.
- CBD Fund and games for the managers
- Courts CVC arrests a fillip for Tax Office
- Elizabeth Knight Investors make the right call
- Ezra Klein America's problems are more political than financial
- Elizabeth Knight To market, to market, quick as you can
- More Comments & Analysis
Small Business Resources | Startup | Entrepreneur | Franchise | Manage | Market | Trends
Do staff have more power than bosses?
BELINDA WILLIAMS 17 Oct |
Businesses are paying staff 'go away' money rather than go to court. Is this OK?
Money Saving | Borrowing | Investing | Planning | Super & Funds | Tax | Tools & Guides
Fill closet, don't empty the wallet
SYLVIA PENNINGTON |
Whether it's for a special occasion, such as the races, or for more day-to-day wear, there are lots of ways to save in style.
- GETTING STARTED Go on, get involved - AGMs can be fun
- ASK NOEL Share trust an option for young saver
- GETTING SETTLED Markets are hot, but don't be pressured
- SUPER Downsizing may not be the right answer
- THE 'HONEST' BROKER What does money mean to you?
- Money's weekly Morningstar tables
- THE CHARTIST The bond that ties
- UNDER THE RADAR A good investment, but has business grown too fast?
- More Money
Rusty, greasy and dirty but all eyes on classic Harley
Two significant Australian collections of classic and vintage motorcycles are being put up for sale.
