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The New York Stock Exchange (NYSE) is reflected in a Christmas tree ornament.

ASX rallies into Christmas break

The ASX ended the last session before the Christmas break on an upbeat note, with traders choosing to pick up energy companies and miners ahead of the holiday.

Shares are battling back from early losses.

Markets Live: ASX in party mode

The ASX ended the last session before the Christmas break on an upbeat note, with traders choosing to pick up miners and banks ahead of the holiday.

Treasurer Scott Morrison has hardened his push for a cut in the business tax rate.

Dangers in Scott Morrison's corporate tax argument

Scott Morrison's warning that as Australians loaf about on their summer holidays, companies headquartered overseas would be fixing to scarper because of our uncompetitive company taxes, was either political hyperbole, or a clear and present danger to prosperity.

Investors are playing it safe.

8@eight: Christmas cheer ahead for ASX

It seems that we go into the last trading session before the Christmas break with a positive feel to the equity market open and even the small chance (say 20% - 25%) that the local market tests 6100.

ASIC announced the charges against Adrian Ballintine, which each carry a maximum of five years' imprisonment, on Thursday.

NewSat founder charged by ASIC

The former high-flying founder of failed satellite company NewSat, Adrian Ballintine, has been charged with authorising three false invoices to allegedly funnel $357,000 to his private yacht business.

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