THE Australian stock market is expected to open in negative territory on Monday after falls on Wall Street, as economists predict further volatility ahead
COMMONWEALTH Bank shareholders yesterday turned the blowtorch on directors and senior executives after the group confirmed its bad-debt charges would blow out to at least $2 billion in 2009
THE sharks have begun circling ports and rail giant Asciano, with brokers now openly doubting its ability to raise funds to pay its way out of suffocating debt
THE Commonwealth Bank is rapidly shedding its premium rating, amid mounting concern about provisioning levels and speculation the bank will have to raise capital to meet more conservative investor benchmarks
RIO Tinto, the world`s second largest iron ore producer, has cut annual production of the steel making commodity by 10 per cent after a slowdown in Chinese demand
THE Australian stock market is expected to open in negative territory on Monday after falls on Wall Street, as economists predict further volatility ahead
BHP Billiton has admitted it is facing first-half iron ore sales losses of up to $US600 million ($920 million), falling in with its mining rivals
COMMONWEALTH Bank shareholders yesterday turned the blowtorch on directors and senior executives after the group confirmed its bad-debt charges would blow out to at least $2 billion in 2009
THE share market was 2.3 per cent higher at noon, as banks and mining stocks gained from a Wall Street rally overnight
THOUSANDS of jobs are set to go after St George shareholders approved the $17 billion Westpac takeover
US shares staged a powerful rebound, bouncing 7pc overnight in highly volatile trade as traders shook off grim economic news
THE sharks have begun circling ports and rail giant Asciano, with brokers now openly doubting its ability to raise funds to pay its way out of suffocating debt
THE Commonwealth Bank is rapidly shedding its premium rating, amid mounting concern about provisioning levels and speculation the bank will have to raise capital to meet more conservative investor benchmarks
RIO Tinto, the world`s second largest iron ore producer, has cut annual production of the steel making commodity by 10 per cent after a slowdown in Chinese demand
