Tinkler sells down stake
GLENDA KWEK 9:27am |
Nathan Tinkler has sold about half his stake in Whitehaven Coal to US investment firm Farallon Funds.
Markets Live: Stocks set to rise
9:32am |
Australian shares are expected to rise in early trade as investors grow more confident the Fed will temper its statements on the future reduction of US stimulus.
Lehman lawyers move to block repayments
GEORGIA WILKINS |
A proposal to return $210 million to Australian clients of Lehman Brothers is in jeopardy.
Holden warns of exit
CLAY LUCAS |
Holden will ask employees at its Adelaide plant to accept a pay cut, in a bid to slash its labour costs.
Elders digs in after sale plan shelved
PHILIP WEN |
Elders chief Malcolm Jackman says the debt-laden company can trade itself out of trouble.
PacBrands airs five-year plan
ELI GREENBLAT |
Pacific Brands boss John Pollaers committs to only modest net sales and earnings growth.
RBA content to see the dollar fall
GLENDA KWEK |
The Reserve Bank appears to talk down the Australian dollar to help stoke economic growth.
- Infrastructure Investors back model to fund roads
- Banking Lenders slow to pass on rate cuts
- Retirement AusSuper acquires Queensland fund
- Infrastructure Newcastle port sale to raise $700m
- Retail Target offers to settle claim over 'fake' make-up
- Retail Renowned wine leader to carry out US crusade
- Shandong acquires mining firm
- Mining Newcrest dragged down
- More Business News and Views
| ASX 200 | 4814.4 | 0.0 | 0.0% |
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| Dow Jones | 15318.2 | 138.4 | 0.9% |
| Nasdaq | 3482.2 | 30.0 | 0.9% |
| Hang Seng | 21225.9 | 0.0 | 0.0% |
| NZ 50 | 4452.0 | -10.1 | -0.2% |
Data delayed by 20 mins.
Business News Wire
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Markets ASX Indices | ASX Top Movers | GICS Industries | Currencies
Dollar weakens on US Fed bets
7:26am |
The Australian dollar is weaker as speculation of a scaling down in US stimulus measures boosts the greenback.
- Wall Street US stocks surge ahead of Fed decision
- Global Markets US stocks rally as yen drops
- need2know Aussie stocks set for positive start
- ASX Banks lead market's fightback
- More Markets
Investors brace for Bernanke
Markets Anxiety is building over the much-anticipated US Federal Reserve meeting on Wednesday night.
- Calendar Finance week: June 16-22
- Intelligent Investor Retailing gone bad
- Marcus Padley Frowning on falling dollar
- Markets Asia's ticking time bonds
Video
The murky business of NSW finances
Treasurer Mike Baird has his third crack at a budget for NSW on Tuesday. The week ahead with Michael Pascoe. (04:09)
World Business
China's credit bubble is unprecedented: Fitch
AMBROSE EVANS-PRITCHARD 11:50am |
China's shadow banking system is out of control and under mounting stress as borrowers struggle to roll over short-term debts, Fitch Ratings has warned.
State of the art goes sky high
Boeing's decision to nickname its new plane the ''Dreamliner'' was brave considering delivery delays, but the 787 has overcome a turbulent start.
Comment & Analysis More Comment & Analysis
Thanks but no thanks, now it's time for plan B
ELIZABETH KNIGHT |
Elders is a bit like a rural version of Billabong - bought the wrong assets, in too much debt.
- Comment Banks on way to record profit
- Comment Study in state toll road funding
- CBD Lawsuit no more on Curtis's mind
- Adele Ferguson Pressure on ASIC over CBA fraud
- CBD Downgraded but not downcast
- More Comments & Analysis
Small Business Resources | Startup | Entrepreneur | Franchise | Manage | Market | Trends
Landing that star client
MICHAEL BAKER 19 Jun |
Just like in the movies, diva clients can be more trouble than they're worth.
Money Saving | Borrowing | Investing | Planning | Super & Funds | Tax | Tools & Guides
Market recovery rides a big dipper
ROD MYER |
After big falls of the past few weeks, technical analysis can give some clue to the market's next direction
- Money's weekly Morningstar tables
- QUIRKY INVESTMENTS Buyers ready, willing for Abeles
- SUPER Balancing retiree objectives and risks
- UNDER THE RADAR Often overlooked, micro caps are offering value
- INTELLIGENT INVESTOR Be prudent and don't take the market at face value
- ASK NOEL No need to fret over confiscated cash
- BANKRUPTCY Go for broke - insolvency can be the best solution
- INSIGHT No respite in interest rates on the cards
- More Money
It pays to plan ahead
The No. 1 piece of advice for taking money when you're heading overseas: pack a back-up option.
