BUSINESS

World Market Overview

U.S. blue chip stocks fell slightly Wednesday, one day after a major market rout, although retailers were doing well, offsetting sinking financials.

Daily forex forecast - 18/11/2010

Wages in Australia rose by 1.1% over the third quarter, gaining 3.5% in the year ending September. Although less than the 1.2% increase the market have expected,
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Workers in Australia take higher wages

Wage increases for Australia's workers have been the predominant occurrence in the quarter ending September, data from the Australian Bureau of Statistics (ABS) said Wednesday.

Australian Stock Market Report - Midday

Australian stocks are trading at one month lows after global markets were heavily sold off overnight, due to concerns about Eurozone debt and Chinese inflationary pressures.

World Market Overview

U.S. stocks swooned in their biggest one day drop in nearly a month as fears mounted over a slowdown in Chinese economic growth and criticism of the Federal Reserve's recent action grew

ANZ still interested in Korea Exchange Bank

Australia and New Zealand Banking Group Ltd (ASX: ANZ) said Tuesday it is continuing to conduct due diligence on a majority stake in Korea Exchange Bank, dismissing media reports that the Melbourne-based lender had lost out to another bidder.

Australian Stock Market Report - Midday

The local share market is trading fairly flat in early trade, following a mixed offshore lead. US stocks ended relatively unchanged while base metals prices were mostly weaker on the London metals exchange.

World Market Overview

U.S. stocks climbed broadly Monday as a bigger than expected increase in retail sales for October set a positive tone for the holiday shopping season set to kick off in earnest next week.

Toyota LandCruiser hits 750,000 sales in Australia

Toyota Australia today said its LandCruiser, which has the longest history of any Toyota nameplate, has passed 750,000 sales in the country during the 60th anniversary year of the iconic off-roader.

Qantas flight woes extend on Jetstar yet the carrier remains unfazed

With another Qantas fight en route to Argentina turned back into Sydney Airport after an hour of flight due to electrical problems, the airline’s low-fare subsidiary Jetstar appeared to be smarting from the scary episodes that highlighted rising questions on the company’s safety integrity.

Aussie bourse ends flat

The Australian share market closed flat on Monday as weakness among materials stocks outweighed strength in the banking sector

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