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The perfect storm has broken. The headwinds of the S&P ratings downgrade have collided with the vortex which the Euro-debt disaster has been and these have merged with the potential for a US doubl..
The Australian stockmarket is expected to open lower Tuesday, suffering another day of decline after more carnage in the US overnight. The Dow Jones Industrial Average plummeted 4.4 per cent on Mon..
The price of gold streaked past $US1,700 ($A1,632.18) an ounce for the first time on Monday.Anxious investors sought safety in the metal as stocks tumbled around the world after the US lost its AAA cr..
Mining giant Rio Tinto has moved to take advantage of plummeting global sharemarkets, offering to buy the coal miner it already mostly owns.The informal bid for Coal & Allied is viewed by market playe..
A well-developed branch network and strong credit growth drove a 41 per cent profit increase for Bendigo and Adelaide Bank, setting a good omen for upcoming earnings reports from the banking sector. ..
Job advertisements have declined in July, suggesting employment growth will moderate in months to come, a survey shows. Total job advertisements on the internet and in major metro newspapers fell 0..
Shares in Gunns Ltd have been suspended from trading while the woodchipper considers the implications of the $276 million forestry agreement signed between the Tasmanian and federal governments.Gunns ..
Argo Investments Ltd has increased full year profit by 11.8 per cent and says it is ready to take advantage of buying opportunities as they come along. Net profit rose to $172.06 million for the 12..
Stocks to watch on the Australian stock exchange on Monday:ARG - ARGO INVESTMENTS LTD - down 33 cents, or six per cent, at $5.14Argo Investments to release its full year results on Monday.BEN - BENDIG..
Panicked investors shaved about $32 billion from the value of the Australian share market, sending it to a two-year low on fears of a volatile Wall Street in the aftermath of the first ever downgradin..
Consumer electronics chain JB Hi-Fi says it expects solid earnings growth and sales for the year ahead even though the challenging market for retailers led to its first fall in profit in more than 10 ..
US Treasury Secretary Timothy Geithner sought to reassure investors before markets opened on Monday, slamming a historic US credit downgrade as a "terrible judgment" and insisting the US economy is st..
The Dow Jones Industrial Average climbed 0.2 per cent to 11,403.06 in early trading on Friday, in a volatile opening after the release of a better-than-expected US employment report.The broader S&P 50..
The US economy generated a higher-than-expected 117,000 jobs in July, slightly reducing the unemployment rate in a rare recent bit of good news for the struggling economy, the Labour Department said o..
Australian shares closed four per cent lower as fears of a new global economic crisis gripped the local market.The fall wiped almost $60 billion from the value of Australian stocks on Friday, and took..
Australian construction activity stayed in the doldrums in July, largely due to weak levels of new work and poor consumer confidence, a report says. It was the construction industry's 14th consecut..
The latest official statement on monetary policy shows the central bank is worried about rising inflation but alert to increasing dangers from the global economy. The bottom line from the quarterly..
Shares in ResMed Inc have remained relatively steady during Friday's market slump, after the sleep disorder company posted a 19.4 pct annual profit rise. ResMed Inc has increased full year net prof..
Westfield Group says its half year distribution will be 24.20 cents per security. The distribution represented 50 per cent of the forecast distribution of 48.40 cents per security for the year endi..
The head of the European Commission on Thursday urged eurozone leaders to re-think their currency's financial defences, admitting debt contagion has now spread beyond the euro periphery.As the Europea..
Stocks to watch on the Australian stock exchange on Friday:ACL - ALCHEMIA LTD - up 2.5 cents at 63.5 centsDrug developer Alchemia's generic blood-thinning drug has been launched in the United States b..
The Australian dollar dropped more than two US cents overnight as fears rise over the US economy and the European sovereign debt crisis deepens. US stocks also fell, down more than four per cent an..
You have to hold your nerve when share markets worldwide are being hammered, says Toll Holdings outgoing chief executive Paul Little.The Australian share market on Friday fell four per cent on heighte..
Construction giant Leighton Holdings expects a reduction in the size of its annual loss due to renewed confidence the Brisbane Airport Link will be completed on time. Delayed development approvals,..
Energy Resources Australia's (ERA) share price fell sharply to its lowest close in seven years after it slashed the size of estimated reserves at its key Ranger uranium mine in the Northern Territory...
