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Bank collapses put nationalisation back on British agenda

Austockfeed — Mon, 06 Jul 2009 12:30:40 +0000

The public-to-private revolution may be over, write Richard Wachman and Tim Webb.

UPDATE 2-Oil falls towards $64 on economic gloom

Market news | ninemsn Money — Mon, 06 Jul 2009 07:58:42 +0000

* Oil hits five-week low as equities fall, dollar rises * Societe Generale says oil expected to average $60 in July

Aussie market catches up with global falls

Austockfeed — Mon, 06 Jul 2009 07:31:00 +0000

The Australian market slipped just over 1 per cent today, bringing up a fall of 2.5 per cent since last Thursday’s close.

Miners pull Australia shares to 5-week closing low

Market news | ninemsn Money — Mon, 06 Jul 2009 07:11:14 +0000

(Adds analyst comment) By Mette Fraende

Chinese opt for spot ore prices: Rio

Austockfeed — Mon, 06 Jul 2009 07:03:40 +0000

Rio Tinto says Chinese buyers are choosing to pay spot market prices for iron ore and it is shipping material from its Western Australian mines at record rates.

Aussie dips to 2-wk low vs yen, investors play safe

Market news | ninemsn Money — Mon, 06 Jul 2009 06:47:43 +0000

* Aussie near two-week low against yen as risk demand fades * RBA seen holding rates at record low of 3% on Tuesday

FOREX-Economy doubts help dollar, Nikkei drop lifts yen

Market news | ninemsn Money — Mon, 06 Jul 2009 06:10:00 +0000

* Dollar underpinned by worries over global recovery * Yen rises across the board as Nikkei slides 1.5 pct

Clearing the way for ‘new GM’

Austockfeed — Mon, 06 Jul 2009 05:42:23 +0000

General Motors won approval to sell most of its assets to a US Treasury-funded buyer, cementing the Obama administration’s efforts to remake the auto industry.

Iconic motel torn down

Austockfeed — Mon, 06 Jul 2009 05:16:00 +0000

Canberra’s Embassy Motel is being demolished after nearly 50 years.

CBA says NetBank issues resolved

Austockfeed — Mon, 06 Jul 2009 04:30:25 +0000

CommBank says it has solved an internal software problem that dogged its online banking services.