Markets Live: ASX draws breath
ASX set to open cautiously higher after the US Fed gave no signal of steeper rate hikes, while Apple and Facebook jump on upbeat results.
Latest Business News
David Lawrence, Marcs in administration
An administrator has been appointed to fashion brands David Lawrence and Marcs amid deteriorating sales.
Apple market value surges
Shares in Apple leapt more than 6 per cent on its latest results, with at least 12 brokerages lifting their price targets.
8@eight: Waiting for inspiration
Apple has supported equity markets, with yesterday's post-market release of Q1 sales of $US78.5 billion ($103.52 billion) and EPS of $US3.36 and seemingly, more importantly, its guide for Q2, that was better than what the market had feared. The daily chart has well and truly broken out to the topside and this is attracting the momentum focused clients and I wouldn't be surprised to see this above $US150 in the coming months here.
US dollar eases on Fed inflation view
The US dollar trimmed gains on disappointment that the Fed did not take a more hawkish stance on interest rate increases.
Oil rallies late to settle higher
Crude futures rallied late in New York's day, after briefly trading lower on an earlier, bearish US government report.
Fed retains optimism on US economy
​The Federal Reserve kept interest rates unchanged in its first meeting since President Donald Trump took office.
May moves closer to Brexit trigger
British lawmakers approved legislation seeking parliament's approval for the start of formal divorce talks with the EU.
Copper tops $US6000 on strike vote
Workers at BHP Billiton's Escondida copper mine in Chile overwhelmingly voted against the company's latest wage offer.
Missing billionaire 'awkward' for Hong Kong
The uncertain fate of Xiao Jianhua, a China-born billionaire who was last seen at a luxury Hong Kong hotel a week ago, has raised fresh fears about the city's autonomy amid media reports he may have been abducted by Chinese agents.
Momentum, risk for world economy
Entering 2017, world economic growth gathered momentum though clouds are building fast on the horizon.
Tesla drops 'Motors' from name
Tesla Motors has changed its name to "Tesla Inc" as chief executive Elon Musk looks to transform the Silicon Valley firm.
Bye bye bean counters, hello business consultant
Small shopfront accountants nationwide are worried about the end of the traditional tax return.
National office vacancy inches ahead with new developments
National office markets saw an average marginal lift in vacancy rates as new properties opened the doors, but the rate of growth is very small and predictions are that demand will again outstrip supply in the year ahead.
Is Tory 'godfather' Hintze warming to the Liberal Party?
If Malcolm Turnbull doesn't feel like repeating his million-dollar donation to his hapless Liberal Party this year there is no need to fret.
Solar uptake more popular in outer suburbs
A Queensland researcher has identified the kind of people most likely to install solar panels on their homes, and it was not the latte-sipping, inner-city greenies of political lore.
Japan hits back at Trump's accusation of currency manipulation
Abe says it is not accurate to say that Japan is devaluing the yen, and that he would explain Japan's monetary policy to Trump if necessary.
A woman is likely to head ACTU for the first time
A woman is likely to head the peak national unions' organisation for the first time in its history.
'Worst I've ever seen': Unions slam Coca-Cola's approach to workforce
Coca-Cola could find itself at the centre of a CUB-style union campaign as workers in south-west Brisbane fight to hold on to their existing wages and conditions.
Trump talks down $US, again
US President Donald Trump's administration has been surprisingly successful in talking down the US dollar.
Bakers Delight caves to pressure and scraps 'unfair' agreement
Hundreds of Bakers Delight workers will receive large pay rises from Thursday, after the national bakery chain succumbed to pressure to dump an outdated wage deal and lift weekend penalty rates.
ASX gains as Fortescue hits six-year high
Mining and energy stocks lifted the ASX, but investors remain wary of the Donald Trump administration's rapid onslaught of policy changes.
Suncorp, a company where the price isn't right
Insurers are struggling to predict how storms will impact their bottom line.
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Billionaire reported kidnapped in Hong Kong
Xiao Jianhua's family reported he was kidnapped from Hong Kong and taken to mainland China.
Markets Live: Fortescue eyes $7
Local stocks edge higher, as miners and energy stocks profit from a weaker US dollar, but investors remain wary.
Home and car insurance prices tipped to rise in 2017
Home and car owners face a 4 per cent lift in their insurance bills this year, according to new industry predictions.
'Everything was ruined:' Removalist blamed for $30,000 damage
Fair Trading issued a warning on Tuesday not to deal with Extra Mile Movers, a local and interstate removalist company.
Santos lodges controversial CSG plans, igniting 'massive battle'
Energy giant lodges its long-delayed application to develop the controversial Narrabri coal seam gas project.
Investors heading into bricks and mortar with gusto
The predicted push into higher-yielding assets has started with gusto as a number of key properties are being set up for sale across the Sydney city precinct.
The industry hurt most by Trump's travel ban
In two days, President Donald Trump's travel ban wiped out $US4.9 billion in market value for the United States' biggest airlines.
Small Business
Seven surprising mistakes Australian entrepreneurs make
Learn from their experience.
Help: how can I minimise tax on my coffee cart?
Small business owners are disadvantaged when it comes to superannuation tax deduction rules and the Centrelink income test.