CBA to pay $1.9 million in advice compensation

• 54 mins ago

The Commonwealth Bank has compensated customers a total of $1.9 million over poor advice provided by five financial planners, ASIC said.

Billions or nothing: Elon Musk's 'breathtaking' pay deal

• 1 hr ago

​Tesla has installed a new compensation plan for CEO Elon Musk that would reward him handsomely if he can build the electric vehicle automaker into "one of the most valuable companies in the world."

8@eight: Positive start on cards for ASX

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• 1 hr ago

We saw a strong day's trade yesterday around Asian markets, but whether the bulls have the impetus to promote a follow-through upside momentum is yet to be seen. However, Aussie SPI futures are sitting up a touch.

Why Rwanda is a leader on gender pay

• 1 hr ago

At 86% Rwanda has one of the highest levels of female labour force participation in the world, and it's likely to be held up as an example for others to follow, as Gender equality comes under the spotlight at the World Economic Forum in Davos.

New US tariffs spark outcry in Asia

• 1 hr ago

US President Donald Trump slaps steep tariffs on imported washing machines and solar panels, sparking complaints and criticism from Asian nations.

Facebook responds on privacy as new EU law looms

• 1 hr ago

Facebook will make it easier for its more than two billion users to manage their own data in a response to a tough new European Union law that comes into force in May.

Davos 2018: CEOs eye more global growth

Chief executives are more optimistic about economic outlook than they have been for many years though anxieties are rising about geopolitics, cyber threats and terrorism, a survey has shown at the World Economic Forum in Davos.

UK regulator puts brake on Murdoch's Sky deal

Britain's media watched has ruled that Rupert Murdoch's $15 billion takeover of Sky is not in the public interest and should be blocked unless a way is found to prevent the media tycoon from influencing the network's news output.

F1 legend Lauda wins race for Niki airline

Former motor racing champion Niki Lauda has won the bidding for the Niki airline he founded, convincing the insolvent carrier's administrators to undo an agreed deal with British Airways owner IAG.

At Davos, Canada's Justin Trudeau speaks up on women's rights

Justin Trudeau says gender equality would be a priority in "everything the G7 does this year".

McGrath chairman defends embattled firm's disclosure record

Cass O'Connor says McGrath has met its obligations to investors.

Taxpayers bewildered by being in PAYG system, review finds

The tax office is tipping taxpayers into its Pay As You Go instalments system without telling them why.

CEOs plan to hire more without paying much more

Businesses are expecting more sales, profits, investment and employment growth than at any time since 2012.

Mixed messages over loss of Domain chief Antony Catalano

Investors jumped back into the market after Domain Group's share price plummeted on Monday.

Fox buying Sky not in public interest, UK regulator says

Britain's competition regulator said Rupert Murdoch buying all of Sky was not in the public interest because it would give the media mogul too much influence, but set out possible remedies that could allow the $15 billion deal to go ahead.

QBE flags $1.5b loss on hefty write-downs, profit downgrade

• UPDATED

New QBE Group chief Pat Regan has unveiled a series of profit downgrades and asset write-downs that will see the insurer swing to a $US1.2 billion ($1.5 billion) loss this year.

Markets Live: Buoyant banks lift ASX

• Live

Shares end a strong session on an upbeat note, with gains in the banking sector and a clutch of broker upgrades helping the advance.

ASX snaps five-day losing streak

Australian shares snapped a losing streak to close firmly higher, as investors keyed into an upbeat forecast for global economic growth.

ScoMo's business tax plan

• Corporate Tax Cuts

Treasurer Scott Morrison wants to follow America's lead and extend lower corporate tax rates to all businesses.

Clive Palmer's meetings with himself to approve millions in Queensland Nickel payments

Clive Palmer, in meetings with himself, approved more than $180 million in payments from Queensland Nickel to family, his businesses and himself, court documents show.

Thousands of Australian scam victims urged to claim Western Union compensation

Up to 3,000 Australian victims of money transfer scams could be eligible for compensation, after a United States ruling involving Western Union.

McGrath describes turmoil as 'best few days of my life'

Embattled real estate supremo John McGrath has described the tumultuous start to the new year as the "best few days" of his life.

'Perfect storm': Global financial system showing danger signs, says senior OECD economist

• ANALYSIS

The world financial system is as dangerously stretched today as it was at the peak of the last bubble but this time the authorities are caught in a "policy trap" with few defences left, a veteran central banker has warned.

Oil Search revenue spikes as higher prices outweigh flat output

Strong oil prices have buoyed Oil Search despite softer production levels, but the company is still yet to prove itself in Alaska.

Spacey, Louis CK scandals cost Netflix millions

Netflix is lifting the curtain on just how much the sexual harassment controversy is going to cost Hollywood.

Ex-Holden workers ready to build electric cars at a 'moment's notice'

Laid-off Australian auto workers are ready to return to the former Holden factory if it is retooled to build electric vehicles.

Cheap green energy spurs record investment

The number of corporations buying green energy has hit new levels, as renewable energy becomes more affordable.

Amazon's first checkout-free supermarket

In another move that could dramatically alter brick-and-mortar retail, Amazon opens a grocery store in Seattle without cash registers.

8@eight: Bright start on cards for ASX

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The local sharemarket set for a positive start to the day on the back of Wall Street gains.