Business Breaking News
Today
- 7:25PM(AEST)
Stocks of interest on the ASX this week
KGN - KOGAN.COM - up 39 cents, or 19.4 per cent, at $2.40 Read more
- 6:02PM(AEST)
Billabong shares skid on write-off
Shares in Billabong have skidded as the struggling surfwear retailer said it will take an $11.7 million hit after terminating the service provider engaged to integrate its wholesale, retail stores, e-commerce and social media platforms on line. Read more
- 3:37PM(AEST)
Kiwi dips as US dollar bounces back
The New Zealand dollar was weaker on Friday after the greenback clawed back some of its losses and was only headed toward a weekly gain of 0.2 per cent despite touching a 26-month high Thursday. Read more
- 3:03PM(AEST)
Empire Resources poised to become producer
In its quarterly report, Empire Resources (ASX: ERL) said it had 4,500 tonnes of ore mined and stockpiled ready to commence processing at Maximus Resources' Burbanks Mill, 9 kilometres south of Coolgardie. Read more
- 3:03PM(AEST)
Lithium Australia works on Horseshoe
Lithium Australia (ASX: LIT) has identified lithium mineralisation from the first stage of drilling at its Horseshoe Pegmatite similar to the Mt Cattlin deposit, which is in production. Read more
- 1:21PM(AEST)
A preview of next week's economic data
HOUSING INDUSTRY ASSOCIATION NEW HOME SALES Read more
- 12:08PM(AEST)
Tour operators brace for Trump travel ban
US tour operators that send Americans to Cuba are banding together to try to limit any damage to their business from tighter restrictions on travel to the communist-run island expected in September from the Trump administration. Read more
- 11:41AM(AEST)
US durable goods, trade boost forecast
Shipments of key US-made capital goods increased in June for a fifth straight month, suggesting that business spending on equipment helped to boost economic growth in the second quarter. Read more
- 11:36AM(AEST)
Heathrow CEO likes Brexit talks' biz focus
The boss of London's Heathrow has welcomed the British government's recent emphasis on protecting business in Brexit talks, as Europe's biggest airport reported record passenger numbers. Read more
- 10:45AM(AEST)
Fonterra to pay farmers more for milk
Dairy processor Fonterra Australia will pay dairy farmers more for their milk because of strong global and local demand and strength in Fonterra's Australian operations. Read more
- 10:30AM(AEST)
'High Times' ready to roll with IPO
The publisher of marijuana enthusiast magazine, High Times, plans to take the company public, High Times Holding Corp announced Thursday, as an increasing number of US states legalise the drug. Read more
- 9:15AM(AEST)
Oil rises to highest level since May
Oil prices have risen to an eight-week high, as a rally in US petrol futures spurred further gains this week that came after key OPEC members pledged to reduce exports and the US government reported a sharp decline in crude inventories. Read more
- 9:15AM(AEST)
Gold falls from six-week high on $US lift
Gold has fallen from a six-week high, pressured by the US dollar's bounce on solid US economic data and as traders digested the Federal Reserve's Wednesday statement that showed it was closer to paring its balance sheet. Read more
- 9:15AM(AEST)
Tin hits 6-month high on China shutdown
Tin has hit its highest price in six months as reports of smelter shutdowns in China, the world's largest tin producer, raises worries supply will tighten further. Read more
- 9:15AM(AEST)
Amazon profit slumps 77% as costs surge
Amazon.com has reported a 77 per cent slump in quarterly income and forecast a potential operating loss in the current quarter, as the company invests heavily in video content and in fast-growing economies such as India. Read more