News archive from 18 August 2013

Holden boss thanks workers for yes vote

Holden boss thanks workers for "yes" vote

THE boss of Holden Mike Devereux has thanked factory workers for voting "yes" to a pay freeze for three years and cutting $15 million a year in production costs. But the car maker's future is not certain until it negotiates a new round of...

 
Proposal for airbase to take passenger flights

Proposal for airbase to take passenger flights

Commercial flights could be launched from an RAAF base at Richmond Sydney's north-west to take overflow traffic from Sydney Airport. The Hawkesbury City Council says a federal government department has briefed them about four options which include...

ABC News, 11:28 in Business
 

Biggest-ever profit? Priceless

''The higher-than-expected profit strongly underpins our already positive stance and we have increased our fair value for the shares to between $70 and $73,'' says David Ellis, head of Australian banking research at Morningstar. Even though the bank's...

 
Biggest-ever profit? Priceless

Biggest-ever profit? Priceless

Commonwealth Bank's 800,000 shareholders were pleasantly surprised by the bank's 10 per cent increase in full-year profit announced on Wednesday. The underlying cash profit of $7.82 billion was the biggest ever for an Australian bank, which is the...

 

Let's not be too hasty in rejecting northern development

By Sinclair Davidson, RMIT University In the early noughties former Labor leader Kim Beazley suggested that he'd like to see the unemployment rate with a ‘5' in front of it. At the time this was considered a huge faux pas. At the time he had no...

SBS, 12:42 in Business
 
Biggest-ever profit? Priceless

Biggest-ever profit? Priceless

Commonwealth Bank's 800,000 shareholders were pleasantly surprised by the bank's 10 per cent increase in full-year profit announced on Wednesday. The underlying cash profit of $7.82 billion was the biggest ever for an Australian bank, which is the...

 
JPMorgan probed over China hiring: report

JPMorgan probed over China hiring: report

JP Morgan Chase is being investigated by US authorities over claims the bank hired the children of influential Chinese officials to secure business in the country, the New York Times reported. The Times reported on its website, citing a confidential...

 
Hundreds gather for pro-mining rally

Hundreds gather for pro-mining rally

Hundreds of people have gathered in the north-west town of Marrawah to attend a pro-mining demonstration in the Tarkine.The rally was organised by a pro-development coalition, which said it would not tolerate any aggression at the gathering. Tasmania...

ABC News, 14:15 in Business
 
Election 2013: Kevin Rudd warns Coalition budget cuts threaten recession

Election 2013: Kevin Rudd warns Coalition budget cuts threaten recession

Prime Minister Kevin Rudd has stepped up his warnings about budget cuts under a Coalition government, saying they will "tear Australia down" and risk throwing the nation into recession.The Opposition has repeatedly denied Labor claims that...

ABC News, 16:04 in Business
 

'Fat finger' blamed for Shanghai flash rally

A mysterious surge in Chinese stock markets that lifted major indexes sharply early on Friday evaporated in the afternoon - and it appears likely the entire rally stemmed from a trading mistake. The Shanghai Composite Index and the CSI300 Index...

 

'Fat finger' blamed for Shanghai flash rally

A mysterious surge in Chinese stock markets that lifted major indexes sharply early on Friday evaporated in the afternoon - and it appears likely the entire rally stemmed from a trading mistake. The Shanghai Composite Index and the CSI300 Index...

TheAge, 16:37 in Business
 

'Fat finger' blamed for Shanghai flash rally

A mysterious surge in Chinese stock markets that lifted major indexes sharply early on Friday evaporated in the afternoon - and it appears likely the entire rally stemmed from a trading mistake. The Shanghai Composite Index and the CSI300 Index...

 

'Fat finger' blamed for Shanghai flash rally

The Shanghai Composite Index and the CSI300 Index started the day lower and then inexplicably began roaring up in the mid-morning, pulling Hong Kong shares up with them. At the peak, the Shanghai benchmark was up 5.6 per cent and the CSI300 was 4.4...

 

'Fat finger' blamed for Shanghai flash rally

The Shanghai Composite Index and the CSI300 Index started the day lower and then inexplicably began roaring up in the mid-morning, pulling Hong Kong shares up with them. At the peak, the Shanghai benchmark was up 5.6 per cent and the CSI300 was 4.4...

 

'Fat finger' blamed for Shanghai flash rally

The Shanghai Composite Index and the CSI300 Index started the day lower and then inexplicably began roaring up in the mid-morning, pulling Hong Kong shares up with them. At the peak, the Shanghai benchmark was up 5.6 per cent and the CSI300 was 4.4...

 
Australia news at twitter


News Widget for Webmasters



«
»
Mo Tu We Th Fr Sa Su
      1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31