News Wire

All Sections

Lobby the US to reconsider, Labor urges government

Senator Penny Wong.

The Turnbull government should lobby the United States to reconsider its exit from the Paris climate agreement, Labor's foreign affairs spokeswoman Penny Wong has said ahead of a key bilateral meeting of the two allies.

Fed to ease stress of bank tests

Wall Street bankers have long argued that they can't accurately evaluate how the Fed's scenarios will impact capital ...

The Federal Reserve plans to give lenders an advance look at how they might fare in the annual tests it conducts on them.

Oil turns on rising US output

The trading range between $US45-$US55 is "the path of least resistance", said Bill O'Grady, chief market strategist at ...

Futures fell after gaining as much as 1.7 per cent in New York, amid a rethink on the outlook for US crude inventories.

Facebook blasted by shareholders over fake news

Under fire: Facebook founder and CEO Mark Zuckerberg.

Facebook chief executive Mark Zuckerberg has faced sharp criticism during the company's annual shareholders meeting about how the company operates, deals with violence and handles fake news.

Markets Live: Wall St fires up

</p>

Shares have their most positive set-up in a while after Wall St records solid gains to hit new records after upbeat economic data buoyed investors.

8@eight: Solid start in store for ASX

Investors are playing it safe.

The leads from Wall Street suggest we close out the week on a more positive note, with the S&P; 500 and NASDAQ 100 pushing to new all-time highs and the Dow looking like it needs a good payrolls report tonight to join this camp.

Dubai's Robocop reports for duty

Robocop

A robotic policeman which can help identify wanted criminals and collect evidence has joined Dubai's police force and will patrol busy areas in the city, as part of a government programme aimed at replacing some human crime-fighters with machines.

Dow rallies without Goldman

The 120-year-old Dow became the last major US equity gauge to snap out of a malaise that was underscored by a 373-point ...

Carried by industrial, consumer and tech companies, the Dow Jones Industrial Average circled back to record territory.

Pauline Hanson says no to Adani train line

Pauline Hanson has said she will not support public funds being loaned to Adani to build a train line from the Galilee ...

Pauline Hanson has told the Turnbull government to build the billion-dollar Galilee Basin coal line itself, announcing she would oppose a "foreign multi-national" from owning the crucial infrastructure.