Market News

31/07/2014 2:39 PM

Woodside buyback plan set to fail

(News.com.au) WOODSIDE Petroleum's plan to buy back $US2.7b in shares from Shell looks set to fail, with almost 29 per cent of votes opposing the move.
31/07/2014 2:28 PM

Portuguese bank in 3.6bn euros loss

(BBC News) Portugal's troubled lender, Banco Espirito Santo, reports a bigger-than-expected loss of 3.6bn euros for the first six months of the year.
31/07/2014 2:24 PM

How to spring-clean your small business

(News.com.au) SPRING cleaning a business saves time and can make the difference between an exhausting day and an exhilarating one.
31/07/2014 2:10 PM

Argentina defaults for second time

(BBC News) Argentina has defaulted on its debt - for the second time in 13 years - after last-minute talks in New York with a group of bond-holders end in failure.
31/07/2014 1:21 PM

DealBook: In Hedge Fund, Argentina Finds Relentless Foe

(NY Times) A court has ruled that unless Argentina settles a debt dispute with a hedge fund, it is barred from paying its main bondholders.
31/07/2014 1:15 PM

VIDEO: Steinway hitting the right note in China

(BBC News) One of the world's best known piano manufacturers Steinway has gained popularity in China.
31/07/2014 12:54 PM

AOFM sells $500m of Treasury notes

(News.com.au) THE AOFM has sold $500 million of Treasury Notes that mature on December 5, 2014 .
31/07/2014 12:54 PM

Banks aren't bastards, says NAB boss

(News.com.au) THE departing boss of National Australia Bank says banks need to do more in explaining their big profits to the public and improving their image.
31/07/2014 12:35 PM

DealBook: In Hedge Fund, Argentina Finds Relentless Foe

(NY Times) Argentina failed to make payments on its government bond, and a court-appointed mediator said that it would “imminently be in default.”
31/07/2014 12:33 PM

China Should Set Lower G.D.P. Growth Target in 2015, the I.M.F. Said

(NY Times) China should set an economic growth target of 6.5 percent to 7 percent for 2015, below its goal for 2014, the International Monetary Fund said on Thursday.
31/07/2014 12:10 PM

Housing may not take over from mining

(News.com.au) WEAKER-THAN-EXPECTED building approvals figures have dampened hopes that housing will help the economy rebalance as mining investment slows.
31/07/2014 12:03 PM

Northern Star beats production guidance

(News.com.au) AUSTRALIA'S second largest gold miner Northern Star has beaten its June quarter production target.
31/07/2014 11:45 AM

Argentine debt talks end in failure

(BBC News) Argentina and the so-called "hold-out" investors fail to reach an agreement at last-ditch talks, pushing the country towards a default.
31/07/2014 11:22 AM

Banco Espírito Santo Posts €3.6 Billion Loss

(NY Times) The bank will have to raise capital again, though it did not specify how much.
31/07/2014 11:22 AM

Banco Espírito Santo Posts $4.8 Billion Loss

(NY Times) The bank will have to raise capital again, though it did not specify how much.

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