'Bonds are different'

• 22 mins ago

The onslaught of money flowing out of active funds and into passive investments has caused no end of headaches for the world's fund managers. PIMCO is preparing the defence.

'Pain spend' is hitting households where it hurts

• 24 mins ago

Inflation is up, but it's not happy reading: Prices for essentials such as petrol and power show the biggest jumps as wages are barely lifting and debts are high. It doesn't bode well for consumer spending.

ASIC wants powers to change high-risk pay structures

• 52 mins ago

The corporate watchdog is seeking greater powers to step in and change how some salespeople in the financial sector are paid.

Credit Suisse backs reflation trade

• 1 hr ago

Despite a slide in US bond yields, slump in iron ore and equities pullback, Credit Suisse expects "reflation to return".

Yahoo boss Marissa Mayer's $245 million parachute

• 1 hr ago

A company statement ahead of Yahoo's vote on the sale of its internet business is an eye-popping reminder of the hefty stock compensation the executive has amassed during her five-year tenure.

BHP slashes production forecast after Chile strike, Cyclone Debbie

• 1 hr ago

The mining giant has reported a 20 per cent drop in nine-month copper production and cut its full-year production guidance due to industrial action at its Escondida mine in northern Chile.

Coca-Cola Life disappears from Australian shelves

Coca-Cola has quietly dropped its Coke Life brand from Australian shelves after spending two years and millions of dollars trying to launch the beverage.

Thomas resigns as Ardent CEO

Deborah Thomas steps down as CEO of Ardent Leisure, the parent company of Dreamworld, six months after a ride tragedy claimed four lives at the theme park. Nine News

Virgin Australia will introduce Canberra-Perth service in August

Twice weekly services between Perth and Canberra will run in parliamentary sitting weeks from August.

Japan Post books $4.7b writedown on Toll, cuts 1700 jobs

Japan Post Holdings said on Tuesday it will book its first annual loss in at least a decade, after unveiling a $US3.6 billion ($4.7 billion) writedown on its Australian logistics arm.

Markets Live: ASX eyes 6000 points

• Live

Investors jump into shares buoyed by record highs and climbing confidence on Wall St, with banks leading the charge as ABS data shows inflation edging higher.

'Ruthless': How Zuckerberg keeps Facebook king

• ANALYSIS

The tech world just witnessed a robbery. The heist was so brazen you kind of had to admire it, even if it was pulled off with all the grace of a gas station stickup.

Deborah Thomas quits CEO role at Dreamworld owner Ardent

Deborah Thomas has announced she will stand down as chief executive of Dreamworld owner, Ardent Leisure, just two years after she took the job and six months after the tragedy which claimed the lives of four people at the Gold Coast theme park.

United passenger was violent in seat fiasco, police report claims

Newly released police documents claim that David Dao, the passenger who was dragged off a United Airlines flight on April 9, behaved violently toward the officers removing him and was effectively to blame for his own injuries. "Utter nonsense," says his lawyer.

'Hypocritical': Obama under fire for reported $530,000 speech fee

The former president has been criticised for reportedly accepting the fee to address a Wall Street bank in September.

Chinese equities wilt under capital crackdown

A widespread credit crackdown in China is roiling a range of Chinese asset classes but economists including Andy Xie are welcoming the government's moves.

Le Pen ducks euro exit question

French presidential candidate Marine Le Pen sought to soften her position on Europe, and her plans for the euro if elected.

How messing with the Big Mac paid off for McDonald's

A revamp of McDonald's iconic Big Mac burger and more aggressive drink promotions are helping the restaurant giant overcome a broader slump in the fast-food industry.

Loonie chopped by US duties

The Canadian dollar slumped after the US said it would impose anti-subsidy duties on imported Canadian softwood lumber.

Gurner challenges Fitzroy Club knockback in Supreme Court

The Melbourne developer has launched a Supreme Court challenge to a planning tribunal decision that rejected his apartment redevelopment of Fitzroy's Spanish Club.

8@eight: Strong start in store for ASX

• Sponsored

It's a good time to hold equity and credit and it seems a dark cloud in the form of the French elections has swiftly departed from the investment landscape, providing fresh impetus to chase returns.

Nine urged to call stumps on cricket coverage

Cricket Australia is facing a major revenue crisis as global investment bank urges end to coverage.

Nasdaq tops 6000 mark

The Nasdaq Composite crossed the 6000 mark for the first time, bolstered by gains in a handful of large-cap tech names.

Iron ore begins multi-year slump

Iron ore's early-year rally might prove to be a high-water mark for at least the next half decade, according to BMI Research.

China's hidden debt stirs angst

Scrutiny is mounting after a corn oil producer guaranteed debt of a neighbouring aluminium product manufacturer.

Furla buys back Australian business on soaring sales

Luxury Retail Group claims premium handbag-maker Furla's decision to buy back its local stores is a vote of confidence in Australia's rapidly expanding luxury retail sector.

Private equity sets a higher bar for former Spotless boss

• CBD

Former Spotless boss, Bruce Dixon, promised he would not be doing anything more strenuous than propping up the bar at one of his son's pubs when he retired. He was being modest.

Minimum wage for temporary visa holders falls behind inflation

The minimum wage for temporary work visa holders has not been revised to ensure it will keep up with inflation as part of federal government reforms to the visa system.

Barangaroo launches new public park zone

A sweeping two-hectare public park, complete with waterfront walkway and new pier, will be some of the final pieces of the $6b Barangaroo development.