Department store chain Myer approached upmarket rival David Jones about a $3 billion merger just days before two David Jones directors bought shares in the company late last year.
Local shares fell after the US Federal Reserve ignored investor nervousness about capital outflows from emerging markets.
Qantas and Virgin have embarked on the biggest mail-out of unsolicited debit cards in the country’s history.
Fortescue Metals’ shares slumped on news that weather problems will force its total iron ore shipments toward the bottom end of previous guidance.
The crisis playing out in emerging markets serves as a stark warning to new US Federal Reserve chairman Janet Yellen that parts of the world will feel the full force of US policy.
ANZ Bank says higher business confidence is finally prompting firms to increase their borrowing, a trend it expects to strengthen in 2014.
Staff at news website The Global Mail have begun a desperate search for a new backer after entrepreneur Graeme Wood told them he would no longer fund the site he helped start less than two years ago.
| Last updated: | |
| United States Dollar | |
|---|---|
| 0.8791 | 0.57% |
| Euro | |
| 0.6474 | 1.19% |
| British Pound | |
| 0.5323 | 0.85% |
Local shares fell after the US Federal Reserve ignored investor nervousness about capital outflows from emerging markets.
Chinese buyers are pushing demand in some Sydney suburbs to levels not seen in a decade.
Question is not so much whether popular assets should be sold, but what else might be sold if they are not.
British department store Marks & Spencer is accelerating plans to enter the crowded Australian market.
With plenty of tension in markets, ASX companies need to deliver on growth in reporting season.
Most fledgling technologies hold great potential, but very few ever attain any real financial success. So how do you predict who will win out?
The crisis playing out in emerging markets serves as a stark warning to new US Federal Reserve chairman Janet Yellen that parts of the world will feel the full force of US policy.
The Australian dollar has fallen by half a cent after the US Federal Reserve continued to trim its unprecedented stimulus program.
The US Federal Reserve made the widely expected announcement that it would continue to taper its stimulus spending by $US10 billion per month.
The Reserve Bank of New Zealand has kept its official cash rate on hold but again signalled that a rise is not far off.
Mining investment is tipped to decline sharply from the middle of this year.
Business conditions have soared to a 2½-year high.
Department store chain Myer approached upmarket rival David Jones about a $3 billion merger just days before two David Jones directors bought shares in the company late last year.
Oaktree Capital and Centerbidge Partners are set to take control of 40 per cent of Billabong after shareholders overwhelmingly approved a $135m share issue.
ANZ conducting review all home loan, savings and small business accounts.
Households set to borrow more on credit cards, NAB's top retail banker has predicted.
Fortescue Metals’ shares slumped on news that weather problems will force its total iron ore shipments toward the bottom end of previous guidance.
Rio Tinto has had a small win in the long-running battle over the Mt Thorley-Warkworth mine in New South Wales
Apple's stock has tumbled, hurt by a lacklustre first-quarter performance.
Sales of new US single-family homes fell more than expected in December.
Australian banks' lending to Chinese borrowers has soared by 75 per cent in a year, as the industry rushes to lift its exposure to Asia's powerhouse economy.
China is walking a tightrope without a net.
Chinese buyers are pushing demand in some Sydney suburbs to levels not seen in a decade.
The Nine Network owners have moved closer to getting approval for their proposed $200 million redevelopment of the station headquarters in Willoughby.
Investor with history of redeveloping city sites pays $8m for hospitality venue in development-sensitive precinct.
Premium-grade office towers along the Eastern seaboard are now dominated by two landlords.
There are good reasons for the extra spend, and they're probably not what you think.
Children are returning to school and - for fee-paying students - their parents are learning how much it'll all cost.
Harry S. Dent jnr says we should fear a future crash in the Chinese housing market.
New camera technologies help retailers track what you touch, what you ignore, and where you walk.
According to Sharyn White you can run your own show at any age.
Some markets are jumping at shadows over China’s strength and take more notice of a few troubled states than they deserve.
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Comment & Analysis
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