Australian Market Report. The sharemarket closed marginally higher on thin trading volume as investors switched out of Rio Tinto and into the energy sector. More...
Rio Tinto and Chinalco officially start repairing once-fractured relationship, announcing plans to partner in $US12 billion ($A13 billion) development of Simandou iron ore field in West Africa. More...
Australia said China had told embassy staff in Beijing they would not be allowed access to all parts of the trial of four Rio Tinto Ltd staff on charges of bribery and stealing commercial secrets. More...
The Australian Securities and Investments Commission is in confidential discussions with those involved in the collapse of Queensland-based Storm Financial, to determine whether a settlement can be reached. More...
With the imminent release of the federal government's recommendations on executive pay for big business, the spotlight is turning to the lack of disclosure of the pay and investments of the hundreds of funds that help manage the country's $1.1 trillion retirement savings. More...
Examination into $250 million collapse of Bill Express hears that public company's money was used to pay personal loans of directors, their business associates and family members. More...
Arrow Energy is yet to strike a takeover agreement with suitors Royal Dutch Shell and PetroChina. More...
Telstra says it is still some distance from a deal with the federal government over its involvement in the national broadband network. More...
Telstra has issued an extortion note to the government, a lobby group said, after the telco warned of a gulf over valuing its assets. More...
New South Wales Supreme Court judge orders winding up of Astarra Strategic Fund and four other Trio Capital funds, criticising funds' former managers and their use of offshore tax havens. More...
The potential cost of Amcor's decision to blow the whistle on a price-fixing scam five years ago has been revealed. More...
Billionaires Andrew "Twiggy" Forrest and James Packer have urged business leaders to try to end indigenous disadvantage through employment. More...
Former Allco Finance Group executives and directors will face public scrutiny for the first time next week in the Federal Court. More...
Aussie Home Loans is preparing a renewed assault on the $860 billion home loan sector. More...
Analysts are backing Myer over rival department store David Jones More...
Macarthur Coal declared force majeure on some coal shipments after Dalrymple Bay Coal Terminal was closed as a cyclone approached. More...
Fortescue Metals Group has increased the size of its Solomon deposit, which it says will underwrite a major mine at the project. More...
Indian fertiliser tycoon Pankaj Oswal is closely examining whether to relaunch the $3 billion sharemarket float of Burrup Holdings. More...
AGL Energy has sold a gas pipeline in Queensland to APA Group for $82.6 million. More...
In a further sign that passengers are returning to the skies, Sydney Airport has recorded double-digit increases in both domestic and international passenger numbers in February, its owner MAp Group says. More...
Macquarie has lured US-based Eric Schimpf, formerly a key Merrill Lynch banker, to lead its private wealth arm. More...
JBS SA, the world’s biggest beef producer, said it agreed to buy Rockdale Beef Pty Ltd. in Australia, without disclosing how much it would pay More...
Australia is attracting more than $US130 billion of investment in some of the world’s richest natural gas fields to supply buyers in Japan and China. Domestic customers, including Alcoa Inc., will have to wait. More...
Ian Verrender. Charming and disarming. Cold and calculating. Rio Tinto's upper echelon finally appears to have grasped the fundamentals of doing business in China after all these years. More...
Malcolm Maiden. Teslstra's four-paragraph statement to the stock exchange yesterday about the status of its negotiations with the government and its National Broadband Network Company reveals growing tension as the crash-through-or-crash stage begins. More...
Ross Gittins. The global financial crisis may seem to have left Australia's banks unscathed, but it's changed how they raise their funds, in ways that disadvantage borrowers and the wider economy while greatly advantaging savers. More...
Ian McIlwraith. Pay attention, class - now the market has again turned in favour of floats, or ''initial public offerings'' as the pros call them, it's time for a refresher course in Prospectus Reading 101. More...
Matthew Stevens. Chinalco would look to have got the deal of the century in convincing Rio Tinto to sell it half of what is the world's richest iron ore deposit. More...
Terry McCrann. It's positively un-Australian that institutions should actually have to assume some risk! More...
U.S. Market Report. An updated report of the latest action on Wall Street More...
World Market Report. An updated report of the worlds' latest market movements More...
Rio Tinto signs a big West African venture deal with China, days before four of its officials go on trial in Shanghai. More...
The Federal Reserve Board must disclose documents identifying financial firms that might have collapsed without the largest U.S. government bailout ever, a federal appeals court said. More...
A strike by British Airways cabin crew will go ahead after talks between the airline and the Unite union collapsed. More...
The pound drops against the dollar and the euro after a Bank of England policymaker said the UK could fall back into recession. More...
The European Commission urged European Union governments on Friday to reach an explicit agreement next week on a financial standby facility for Greece to help it overcome its debt crisis. More...
Google will make an announcement on its plans to leave China on Monday, according to a Friday report in China Business News. More...
The day before Lehman Brothers Holdings Inc. filed for bankruptcy, almost all of its $US41 billion cash pool was tied up at bank lenders including JPMorgan Chase & Co., Citigroup Inc. and Bank of America Corp., according to a court-appointed examiner’s report. More...
Profitability at Greece’s largest banks may be “challenging” in coming years as the country’s economy deteriorates, which may trigger a cut of the lenders’ credit ratings, Standard & Poor’s said. More...
U.S. unemployment rates continue to rise, with the majority of metropolitan areas showing an increase in January, according to a government report. More...
National Strategy Minister Yoshito Sengoku said Japan has “extremely little” room for additional stimulus spending because of the country’s financial condition. More...
Carl Icahn began a $US574 million hostile offer to buy Lions Gate Entertainment Corp. after the film studio rejected his efforts to increase his stake to as much as 30 percent. More...
U.S. insurers, holders of more than $US2.2 trillion in corporate debt, bought the bonds at the fastest pace in five years in 2009, taking advantage of a market that Warren Buffett said was “raining gold.” More...
Dai-ichi Mutual Life Insurance Co.’s initial public offering, the biggest in Japan since 1998, will value the company’s shares right between its two largest competitors. More...
U.S. President Barack Obama postponed a trip to Indonesia for three months to focus on his health-care plan, ceding ground to China in seeking trade and investment opportunities in Southeast Asia’s largest economy. More...
Paul La Monica. Alan Greenspan and Ben Bernanke have a message for everyone who thinks the Federal Reserve isn't to blame for the housing bubble and Great Recession: It wasn't our fault. More...