Non-banks blossoming without APRA

• 22 mins ago

New regulations on mortgage lending are helping generate business for smaller lenders not regulated by the Authority. Michael Pascoe comments.

Former used car salesman makes paper out of stone

• 26 mins ago

Scissors, paper, rock: Japanese entrepreneur Nobuyoshi Yamasaki now plans to make paper out of stone to build "a company that will last for hundreds of years".

Nike to cut 1,400 jobs

• 33 mins ago

Nike will cut about two percent of its global workforce as it changes its organisational structure and reduces number of shoe styles.

Markets Live: ASX to defy gloom

• Live
• 34 mins ago

Shares are set to climb at the open on futures trading, despite more selling on Wall St and the US oil price pushing lower again.

Mexican-US beer mocks Trump

• 36 mins ago

A cross border team has brewed a new beer featuring President Donald Trump as a gun-slinging mariachi musician.

US techs extend latest selloff

• 1 hr ago

​US technology stocks slid again overnight, led by declines in heavyweights Apple and Alphabet.

BHP names Ken MacKenzie as new chairman

• BREAKING
• 1 hr ago

Mining giant BHP Billiton has named famed former Australian packaging executive Ken MacKenzie as its next chairman.

Ten's administration won't scare away advertisers, yet

• 1 hr ago

The fallout from Ten Network's plunge into administration is starting to spread to other parts of the sector.

Man caves spread across Sydney, Melbourne

• 1 hr ago

What do you do with the toys in your garage when you downsize? You buy a "man cave".

How your rubbish is being used to power your home

Australia's poor recycling track record has an upside.

High tomato prices should 'halve' by July

Those baulking at tomato prices have Cyclone Debbie to blame after the category-four cyclone ripped through prime growing regions across Queensland but don't despair, prices are expected to halve by July.

8@eight: ASX set to open higher

• Sponsored

The local sharemarket is set for a bright start to the last day of the trading week, with futures pointing to a 20-point gain at the open.

China lifts US Treasury holdings

China's holdings of US Treasuries rose for a third straight month in April, reaching the highest in six months.

Oil trades near 7-month low

Oil slid overnight as rising US supplies cast doubt on the pace of a global supply glut-reduction.

Bank of England vote shock

​The Bank of England shocked financial markets when it said three of its policymakers voted for an interest rate hike.

Retail facing toughest time in many years, operators warn

Retail operators have said the sector is facing some of the toughest times in many years.

ASIC chairman Greg Medcraft notches his last big kill

• CBD

With just six months remaining in the big chair Medcraft notched up a big 'kill' for the team with the passage through parliament of ASIC's new user pays funding model.

Milk company Bellamy's in 13 per cent share boilover

Investors have jumped into the infant formula company Bellamy's after it emerged from a two-day trading halt.

CBA compensation bill rises to $29 million

The Commonwealth Bank's compensation bill for victims of bad financial advice has risen to $29 million but victims say they were excluded from the outset.

ASX hits skids as banks slam into reverse

The ASX's strong two-day rally came to an abrupt end, as weak oil and the US rate hike proved reason enough for shares to retrace some of their recent gains.

Fancy zinc zucchini? Miners turn to exotic metals uses

Mining companies have toyed with exotic uses for years, but the search took on new urgency with the end of booming demand from China, the world's biggest buyer of metals.

Construction workers to stage national walkout

Big building sites across the country will be forced to shut down next week, as members of the powerful construction union gear up for a national day of action against the Turnbull government's tough new laws.

Arrium closer to salvation as Korean bidders get nod

A Korean-led group is set to take control of Arrium, ending a 14-month long period of financial turmoil

Emissions on wrong trajectory to hit Paris goal: report

Australia's greenhouse gas emissions could return to 2005 levels by 2030 without new government action, contrary to the scenario modelled by the Finkel review, according to a new report by respected analyst Hugh Saddler.

'Bad news for families': Second energy retailer announces price hike

EnergyAustralia has announced it will increase electricity prices in Sydney by 19 per cent - or $346 a year - from July 1.

Aussie on a high as rate cut talk fades

The Australian dollar hit a two-month high on Thursday, boosted by positive local jobs data and a fall in the greenback after weak US inflation data.

Markets Live: Banks slam ASX into reverse

A powerful two-day rally in the ASX came to an abrupt end as banks swung from gains to losses, while a bumper jobs number pushes the Aussie higher.

'Huge inflow of cash' into equities: Coppo

Bell Potter veteran trader Richard Coppleson says by far the "biggest reason" markets are recovering was the positive boost from surging superannuation funds.

ASX winners and losers - a snapshot

The stand out listings traded on the ASX captured at key moments through the day, as indicated by the time stamp in the video.