AAP Finance News

B & B & #39;in negative asset position & #39;

0 sec ago
Babcock and Brown Ltd securities may fall on Thursday after it warned any capital restructure would significantly dilute existing shareholders & #39; equity.
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Affluent homeowners downbeat on prices

0 sec ago
Most affluent Australian homeowners think the value of their homes and investment properties will fall in the March quarter, a survey shows.
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Experts expect profit warnings to rise

0 sec ago
Market observers expect the number of company profit warnings to increase this financial year as tougher economic conditions start to really bite.
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Middle East market & #39;may hamper Leighton & #39;

0 sec ago
Leighton & #39;s latest profit guidance may be at risk because of the slowing Australian resources sector and Middle Eastern construction market, analysts say.
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UN probes Ebola outbreak in Philippines

0 sec ago
Experts from three UN agencies are in the Philippines to investigate an outbreak of the Ebola-Reston virus at two pig farms north of Manila.
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NAB raises & #36;3.5b from US investors

0 sec ago
National Australia Bank has raised & #36;US2.5 billion ( & #36;A3.51 billion) from US investors in the biggest Australian government guaranteed bond deal.
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Fertiliser price drop & #39;to help farmers & #39;

6 min 1 sec ago
Cheaper fertiliser is expected to provide some relief to Australian farmers this year, according to a report released by Dutch-based Rabobank.
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& #39;Stronger sales to slow RBA rate cuts & #39;

32 min ago
A surprising rise in retail sales during November could slow the pace of Reserve Bank of Australia & #39;s (RBA) cuts to interest rates, an economist says.
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Woolworths reduces credit interest rate

Wed, 01/07/2009 - 12:52
Supermarket giant Woolworths Ltd will cut its Everyday Money Credit Card interest rate by 100 basis points.
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New home sales fall in November: survey

Wed, 01/07/2009 - 12:29
The sales of new homes fell in November as the economic downturn and tighter access of credit took hold, a survey shows.
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Santos signs & #36;809m gas supply contract

Wed, 01/07/2009 - 10:48
Oil and gas explorer Santos has signed a & #36;US585 million ( & #36;A808.79 million) contract with CITIC Pacific Mining to supply gas to the Sino Iron project in WA.
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Innamincka Petroleum in trading halt

Wed, 01/07/2009 - 10:21
Shares in energy explorer Innamincka Petroleum Ltd have gone into a trading halt, the company saying it is in negotiations to farm out some of its interests.
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Tishman Speyer fund drops 26.3 per cent

Wed, 01/07/2009 - 09:48
Commercial property investor Tishman Speyer says its US office fund has lost ten per cent of its asset value.
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US motoring giant GM cuts the Aussie ute

Wed, 01/07/2009 - 08:57
Struggling US motoring giant General Motors (GM) has axed the Australian-made Pontiac G8 ST sports truck, a vehicle based on the popular Holden ute.
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US service sector improves slightly

Wed, 01/07/2009 - 08:10
A measure of the US services sector has improved slightly in December, but pending home sales and factory orders have both fallen more than expected.
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Eurozone inflation slumps to 2-year low

Wed, 01/07/2009 - 06:55
Inflation in the euro countries slumped in December to 1.6 per cent - the lowest in over two years - according to an estimate from EU & #39;s Eurostat data agency.
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Britain & #39;s last Woolworths store shuts

Wed, 01/07/2009 - 06:34
British retail institution Woolworths closed the doors on a century of trading as the latest victim of the financial crisis shut down the last of its stores.
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Toyota suspends production for 11 days

Wed, 01/07/2009 - 00:17
Toyota Motor Corporation said on Tuesday that it would suspend production at all of its domestic plants for 11 days between February and March as sales slumped.
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Hybrid cars demand & #39;steadily growing & #39;

Wed, 01/07/2009 - 00:17
Sales of environmentally friendly petrol-electric hybrid vehicles are steadily increasing in Australia, new figures show.
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Australians buying more bikes than cars

Wed, 01/07/2009 - 00:16
Australians continue to buy more bicycles than cars with the economic downturn and climate change driving sales, the Cycling Promotion Fund (CPF) says.
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