Stock Ticker

Movers

Key Stories

Wonhe Technology is hoping to capitalise on the Chinese government's plan to boost wifi across the country's biggest capital cities.

Cheap internet from China rolls onto ASX

Jared Lynch

A company aimed at offering cheap, if not free, internet across China's biggest cities has capped off a flurry of Chinese companies listing on the Australian Stock Exchange this year.

Currencies

Last updated:
United States Dollar
0.7174 0.06%
Euro
0.6573 -0.48%
British Pound
0.4820 0.02%
Solar accounted for about 2 percent of Australia's electricity generation last year.

How Broken Hill became a powerhouse

James Paton

As the iron ore dries up in Broken Hill, the outback town is seizing a resource in much more abundance.

In Depth

Workplace

Markets

Oil slides to 11-year low

Oil prices have slid below their GFC lows amid worries over increasing supply.

Brent crude oil prices has fallen to levels last seen in 2004 on renewed worries over a global oil glut.

Search Quotes & Charts

The Economy

Retail

Toshiba to book record loss and cut 6800 consumer electronics jobs

Masashi Muromachi, president of Toshiba, looks on during a news conference in Tokyo on Monday. The electronics giant forecast a record 550 billion yen ($6.34 billion) loss and will cut 6800 jobs.
Makiko Yamazaki

Toshiba said on Monday it would book a record net loss this year and cut around 5 percent of its workforce as the sprawling conglomerate, reeling from a $US1.3 billion ($1.81 billion) accounting scandal, focuses on chips and nuclear energy.

Banking & Finance

Atlassian gives Xero US IPO benchmark

Rod Drury says Atlassian's $8 billion US IPO will help Xero, which is likely to list there in the next couple of years.
Shaun Drummond

Xero founder Rod Drury says Atlassian's $8 billion US IPO has blazed a path for other Australian and Kiwi tech companies, but it looks like at least a year before the accounting software maker will be ready.

Mining & Resources

Oil slides to 11-year low

Oil prices have slid below their GFC lows amid worries over increasing supply.

Brent crude oil prices has fallen to levels last seen in 2004 on renewed worries over a global oil glut.

Frydenberg says coal still has a future

Josh Frydenberg remains confident in coal's future despite tougher moves to tackle climate change.
Angela Macdonald-Smith

Coal is not incompatible with increased use of renewable energy and will continue to play a vital role in power generation in Australia, despite the landmark climate accord struck in Paris, according to federal Resources and Energy Minister Josh Frydenberg.

World Business

China

Wind-up of Sino on hold

Sino Australia Oil and Gas has been in administration since May 2015.
Sarah Danckert

The directors of Sino Australia Oil and Gas appointed administrators because it was unable to deal with an investigation by the corporate regulator.

China central bank sees growth slowing

The world's second-largest economy still faces downward pressure and the impact of fiscal and monetary policies that were rolled out this year will be evident by the first half of 2016.
Xiaoyi Shao and Kevin Yao

China's annual economic growth is likely to slow to 6.8 per cent next year from an expected 6.9 per cent this year, the People's Bank of China said in a working paper.

Featured advertisers

Property Focus

Triguboff sticks with property

Harry Triguboff

Harry Triguboff sees property as among the few attractive investments in the nation amid rising rents and a "terrible" stock market.

Executive Style

Money

More Aussies turning to fast cash

Kim Kardashian is a role model for many.
Michelle Hutchison

Are consumerism influencers like Kim Kardashian to blame for the rise in short-term lending right before Christmas?

How Sydney homeowners add value

Trend setters:  Val and Paul Buckley who live in a granny flat on a property owned by their daughter.
James Robertson and Samuel Roberts

Construction in NSW is reaching new records, but more and more of it is happening in people's backyards.

Small Business

Traps to avoid when buying

Max Newnham
Max Newnham

It's a case of buyer beware when you purchase a business with a complicated business structure.