The operator of the Australian Securities Exchange, ASX, has called for an indefinite ban on "naked" short selling, as part of a series of recommendations aimed at making the technique more transparent
SWITZERLAND`S biggest bank UBS on Friday said it would cut 2,000 more jobs as it repositions its investment bank which had been blamed for massive asset write-downs after the US subprime crisis
US-focused diversified property and loan group Rubicon America Trust says it is selling close to 50 per cent of its assets in the form of the 14-property GSA1 portfolio
THE share market closed lower today, dragged down by mining and financial stocks as investors await the US vote on a new version of the bailout package
THE share market fell more than 2 per cent at open today, as the market nervously waits to see if the Wall Street bailout plan will be passed in the US
NATIONAL regulation of credit providers is a timely move which will make the credit system stronger, federal Corporate Governance Minister Nick Sherry says
THE third major offshore production facility at Australia`s largest resource development is now operational and producing gas for processing at the Woodside Energy -operated North West Shelf Venture (NWSV) gas plant in Karratha, Western Australia
