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Myer sought 'merger of equals' with rival David Jones

Nabila Ahmed, Sue Mitchell and James Chessell

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.

Fed, China lead local stocks down

Sally Rose

Local shares fell after the US Federal Reserve ignored investor nervousness about capital outflows from emerging markets.

Fortescue slumps on forecast

PETER KER

Fortescue Metals’ shares slumped on news that weather problems will force its total iron ore shipments toward the bottom end of previous guidance.

Tapering's 'unintended consequences'

Vesna Poljak

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.

Wood pulls plug on Global Mail

Anne Davies

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.

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Fed, China lead local stocks down

Sally Rose

Local shares fell after the US Federal Reserve ignored investor nervousness about capital outflows from emerging markets.

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Fed tapering will have 'unintended consequences'

Vesna Poljak

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.

Fed sticks to the script

The US Federal Reserve made the widely expected announcement that it would continue to taper its stimulus spending by $US10 billion per month.

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Myer sought 'merger of equals' with rival David Jones

Nabila Ahmed, Sue Mitchell and James Chessell

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.

Billabong investors back $135m share issue

Sue Mitchell

Oaktree Capital and Centerbidge Partners are set to take control of 40 per cent of Billabong after shareholders overwhelmingly approved a $135m share issue.

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Business Video

China fears

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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04:35
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