ASX declines after choppy trade
Australian shares finished in the red after a choppy day's trading that saw a selloff in banks and telco giant Telstra.
Great rotation to boost shares
A year ago Deltec's Atul Lele correctly tipped the collapse in commodity prices. Now he says the 'Great Rotation' from bonds into shares is about to kick into a higher gear.
Rio may be your best bet in iron ore carnage
Rio Tinto is one of the very few investable stocks amid the current commodities carnage, according to investment managers Bernstein.
China weakens yuan to four-year low
China has cut the yuan's reference rate to the weakest since 2011, fuelling speculation that authorities are trying to release pent-up depreciation pressure before an expected increase in US interest rates.
Fed policy to drive down China's currency
Rate rises in the US could push the yuan down 10 per cent and weaken the $A, according to Bank of America Merrill Lynch.
Consumption to flag as housing market cools
The Australian economy will struggle to maintain already lacklustre growth rates next year.
Consumer confidence drops amid GST talk
Consumer sentiment sags, as the cooling housing market, talk of a GST increase and worries about family finances began to weigh on the mood....
Time to abandon hopes of a Santa rally?
Investors are worrying that the long-awaited Santa share rally may be cancelled as slowing Chinese growth and a looming US rate rise weighs...
Broker Watch: NAB, Integral Diagnostics, Quickstep, Catapult
Westpac is preferred over National Australia Bank at Credit Suisse and UBS has a "buy" on Integral Diagnostics.
Yahoo to exit internet business, CNBC says
The moves represent a stark rejection of chief executive Marissa Mayer's plans for the web veteran.
