ACTIVITY in Australia`s services sector declined for a sixth straight month, as turbulent financial markets and a weak housing market subdued the economy, a report shows
HOME borrowers may be disappointed next week if the major banks use global money market turmoil as an excuse not to pass on all of an expected cut in official interest rates
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
