Iron ore retreated to the lowest level in at least six years as a rout in China's stock markets threatened to hurt demand in the largest buyer just as the biggest producers plan to raise output.
Stocks are set for a rocky start amid worries about panic selling in Chinese equities.
China's securities regulator took the drastic step of ordering shareholders with stakes of more than 5 per cent from selling shares for the next six months in a bid to halt a plunge in stock prices that is starting to roil global financial markets.
First, United had a "network connectivity" issue that grounded all its planes for over an hour. Then, the New York Stock Exchange halted trading.
Some large Greek banks may have to be shut and taken over by stronger rivals as part of a restructuring of the sector that would follow any bailout of the country, European officials have told Reuters.
Microsoft plans to cut as many as 7800 jobs and write down about $US7.6 billion on its Nokia phone-handset unit.
The ATO has warned companies it will be focusing on money attributed to offshore marketing hubs and will use its stronger transfer pricing powers to go after them.
What happened to the La Dolce Vita ethos? The scooter look is suddenly and sharply less cool in Australia, while hogs are in clover.
Australian coal exports are rising despite price weakness.
Three key commodities for Australia hit six-year lows as commodity prices enter bear market territory.
The sharemarket has posted some hefty losses across the board over the past three months - but one sector has defied the selloff.
Make sure you know exactly what you're paying for when using professional fund managers.
July 1 will be a new financial year. But it'll be just another day in a long investing journey.
Stocks are set for a rocky start amid worries about panic selling in Chinese equities.
China's securities regulator took the drastic step of ordering shareholders with stakes of more than 5 per cent from selling shares for the next six months in a bid to halt a plunge in stock prices that is starting to roil global financial markets.
Is China's seemingly isolated emerging equity market starting to weigh on Australian investor sentiment?
Another rate cut is back on the cards as bets mount that market turmoil, lower commodity prices and continued weakness in Australian business investment forces the Reserve Bank of Australia's hand for the third time.
The Australian Taxation Office has warned companies it will be focusing on money attributed to offshore marketing hubs and will use its stronger transfer pricing powers to go after them.
Australia's largest independent grocery chain, Ritchies Stores, is forecasting its first profit growth in four years - an early good sign for wholesaler Metcash.
Despite launching a $500 million price slashing strategy in May, new figures suggest Woolworths' grocery prices were still flat in the June quarter at the same time as Coles got cheaperl for shoppers.
CBA is using its Albert payment device to grow its government revenue as the public sector tries to enhance service delivery to customers.
The Australian Securities and Investments Commission has laid down a blueprint for banks to fix the way they set key benchmark interest rates or face further punishment.
Iron ore retreated to the lowest level in at least six years as a rout in China's stock markets threatened to hurt demand in the largest buyer just as the biggest producers plan to raise output.
Peabody Energy Corp, the largest US coal producer, sold an Australian mine 10 months after a previous deal for the complex collapsed.
Some large Greek banks may have to be shut and taken over by stronger rivals as part of a restructuring of the sector that would follow any bailout of the country, European officials have told Reuters.
First, United had a "network connectivity" issue that grounded all its planes for over an hour. Then, the New York Stock Exchange halted trading.
Investment firm Platinum is confident the recent selloff is a screaming buy opportunity and has been doubling-down on China A shares.
It is bizarre to contemplate, but what is happening in China is very real, and it affects everyone.
The home of Melbourne's Hare Krishnas and their popular Crossways and Gopal vegetarian restaurants has set a new city land price record.
More cranes are set to enter Sydney's skyline, as the $1 billion revamp at Circular Quay moves to its next stage.
Six Melbourne property owners have taken the idea of pooling neighbouring properties to make one large development site to a new level.
Grocon and Planning Minister Richard Wynne are nearing agreement on a controversial apartment tower plan at 85 Spring Street - but Melbourne City Council has opposed the project at the last minute.
Forget Verbier and Aspen. A salubrious ski holiday could be right on your doorstep.
Opting out of share reinvestment plans can provide income to live on.
An auction of top end toy trains has boys of all ages all steamed up.
We've all Googled ourselves - but do you know what happens if you search for your business?
Plenty, say the legion of school holiday makers preparing to return home.
Greeks woke up to long lines at ATMs and news that their Finance Minister had resigned, a day after the country rejected the terms of a bailout.
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