Australian Market Report. Australian shares finished a choppy session slightly lower, partly recovering from four-month lows hit earlier in the day but unable to fully overcome weakness in banks More...
April’s jobless rate may have fallen - but so has the number of people working standard hours, meaning more are in part-time jobs. More...
CBA shares slump after the bank said further growth will be challenging, despite another bumper profit More...
BHP Billiton has walked out on a joint venture to develop the Altia copper and silver deposit in Queensland More...
Gordon Merchant reveals he personally told former CEO he needed to go, backs Billabong's new boss but stays vague on its chairman's future More...
The Government will raise electricity prices by 3.5 per cent, in line with inflation, lower than the predicted five per cent. The cost of water will also increase by six per cent More...
Insurance Australia Group is to review its business in the United Kingdom, which could result in its sale More...
The mysterious Peter Drake is executive director of the ill-fated LM First Mortgage Fund whose investors are hurting badly. More...
The Government and unions reject suggestions by BHP Billiton chairman Jac Nasser that businesses will abandon Australia because of the country's workplace laws More...
Sydney Airport’s chairman, Max Moore-Wilton, has blamed delays at the airport on regulation and other government-imposed constraints such as a cap of 80 aircraft movements an hour rather than its own ability to meet increased demand from airlines and passengers More...
The fallout from the European debt crisis will force the federal government to abandon a planned budget surplus, a former Reserve Bank board member says More...
New Zealand's prime minister John Key will meet Julia Gillard over the planned rise in Australia's departure tax More...
More than 2.7 million Australian consumers are finding it hard to meet their credit commitments, and many are likely to try to overcome difficulty by applying for more credit. More...
Australia should be the world's biggest exporter of liquefied natural gas by the end of the decade, says the vice president of the world's biggest petroleum company More...
The corporate watchdog is expected to examine a breach of disclosure rules by QBE Insurance in relation to shares held by outgoing chief executive Frank O'Halloran More...
Australians will realise that Opposition Leader Tony Abbott has "over-egged the pudding" when the climate tax is implemented in July, Climate Change Minister Greg Combet says More...
Toll Holdings shares continued to tumble as analysts began downgrading the transport company following its profit warning, taking its loss of market value to $800 million in just two days. More...
A consortium led by Macquarie Group has bought the Open Grid Europe gas distribution network for $4 billion from E.ON, Germany's largest utility More...
Sydney's Star casino has been cleared of wrongdoing over its investigation of sexual harassment claims against its former boss Sid Vaikunta More...
Shares in Aurora Oil and Gas slid after the company announced a discounted $120 million equity raising to fund further development of its Sugarkane shale gas field acreage in Texas. More...
Building materials producer Adelaide Brighton expects sales to improve slightly in 2012, but challenges remain because of weak construction activity. More...
A one-off rebate for small businesses in the State Government’s 2012/13 Budget is like providing a band-aid where major surgery is required, small businesses say. More...
Tasmania's budget predicts modest growth in 2012-13 but Premier and Treasurer Lara Giddings says that at least proves the state's economy is not going backwards More...
Centro Retail Australia has sold half-ownership stakes in three of its shopping centres to billionaire Stan Perron for $690.4 million More...
The head of mining products company Boart Longyear has disputed claims by BHP Billiton that commodity price falls and global economic uncertainty are causing miners to scale back More...
WA Treasurer Christian Porter has handed down a “safe” $196 million State Budget surplus while holding increases in household fees and charges, including politically contentious electricity and power bills, to about the rate of inflation More...
US Market Report. Stocks fell on Thursday, with the S&P on track for a fifth straight day of declines as weak economic data spooked investors already concerned about the ongoing situation in Europe More...
World Market Report. An updated report of the world's latest market movements More...
Facebook shares will begin trading in New York on Friday in one of the most eagerly anticipated share flotations in recent stock market history More...
Wal-Mart Stores Inc's quarterly profit and sales surpassed expectations on Thursday as more people shopped its established U.S. stores and spent more, pushing its shares up more than 5 percent despite ongoing probes into possible bribery More...
China’s economic growth is likely to accelerate for the first time in seven quarters after banks’ reserve requirements were cut, buoying global expansion threatened by Greece’s possible exit from the euro More...
Shares in Spanish bank Bankia close sharply lower as it is forced to deny a report of a large amount of withdrawals from the troubled group More...
Gold demand in China may surge as much as 30 percent this year as rising incomes boost consumption, helping the country topple India as the world’s largest bullion market on an annual basis, according to the World Gold Council. More...
The Federal Reserve is worried about the impact on the US economy if government spending is cut sharply. More...
Concern over the eurozone debt crisis has continued to weigh on financial markets, with the euro dropping more than a cent against the US dollar More...
The number of Americans seeking unemployment benefits was unchanged last week, suggesting modest but steady gains in the job market More...
One of the world's best known investors, Warren Buffett, is investing in local newspapers More...
U.K. Prime Minister David Cameron said he won’t swerve from his austerity plan, warning members of the European single currency that their failure to end the region’s debt crisis carries “huge risks for everybody.” More...
France's new finance minister reiterates that the country's new socialist government will not ratify the European Union's fiscal pact More...
The Tokyo Skytree, twice as tall as the Eiffel Tower, opens next week as Japanese train operators counter an aging population by building malls, offices and tourist attractions More...
Social networking service Pinterest is to receive $100m in funding from Japanese internet retailing giant Rakuten and existing investors More...
Dish Network Corp told U.S. communications regulators on Thursday that their proposed timetable for Dish's planned wireless network was unrealistic and carried too harsh a penalty for failing to meet requirements. More...
Hewlett-Packard Co. is considering cutting as many as 25,000 jobs, or 8 percent of its workforce, to reduce costs and help the company contend with ebbing demand for computers and services, people briefed on the plans said More...
The Vauxhall car plant at Ellesmere Port in the UK has been saved from closure, preserving 2,100 jobs and creating 700 more, after workers accepted a deal that will result in the next-generation Astra built at the factory More...
An appeals court on Thursday revived part of a lawsuit against Coca-Cola Co in which POM Wonderful LLC accused Coke of falsely advertising its "Pomegranate Blueberry" juice product More...
Delta Air Lines Inc will cut capacity on trans-Atlantic routes another 5 percent after Labor Day in September, a "proactive" measure aimed at blunting the risk of a weak European currency and soaring fuel costs, airline president Ed Bastian said on Thursday More...
The world's biggest mobile phone network, China Mobile, could soon offer its customers Apple's iPhone More...
Japan's economy grew 1.0% between January and March compared with the previous three months, as government spending helped fuel a gradual recovery from last year's earthquake and tsunami More...
UK retailer French Connection shares lost more than a fifth of their value on Thursday, after the retailer issued its third profits warning of the year More...
Hedge funds and other investors taking advantage of JPMorgan Chase’s distress have fueled faster deterioration in the underlying credit market positions held by the bank. More...
Toshiba has halted production of LCD televisions in Japan due to falling demand, a spokesman has told the the BBC More...
National Grid, the company that operates most of England's energy pylons and pipelines, has turned in a strong financial performance for 2011 but seen its debt levels reach almost £20bn More...