Business
RBA downgrades Australian growth forecasts, more rate cuts likely
2Business, World News | 
THE Reserve Bank of Australia dramatically downgraded its growth forecasts for the Australian economy, sparking the prospect that more interest rate cuts could be or...
Westpac cuts standard variable rate by 37 basis points
2Business, World News |
WESTPAC will pass on 37 basis points of the Reserve Bank of Australia's official rate cut this week, but some business customers will receive the full benefit.
IBM New Enterprise Software Offers Social, Mobile Integration
1Business |
IBM may be an old technology firm, but lately the company has been busy making sure it offers products that help organizations support the latest trends in enterpris...
U.S. stock futures up ahead of results, dat
1Business |
U.S. stock-market futures traded slightly higher on Thursday as investors awaited earnings from General Motors Co. and others, data such as weekly jobless claims and...
Oil hovers above $105 ahead of key US jobs figures
1Business |
Oil prices hovered above $105 a barrel Thursday in Asia as investors awaited key U.S. employment data for clues about the strength of the economy and crude demand.
Coles dents WOW factor as sales trump Woolworths result
2Business, World News |
SUPERMARKET major Coles continued to outperform larger rival Woolworths in terms of sales from existing stores during the third quarter of the financial year, extend...
ABS inflation data builds case for RBA rate cut next week
2Business, World News |
AUSTRALIA'S inflation rate has plummeted, almost guaranteeing an interest rate cut next week. Australia’s headline inflation rate for the year to March is now 1.6 pe...
Australian final PPI falls in Q1 on Q4, adds to case for May rate cut
2Business, World News |
WHOLESALE prices slid in the first three months of 2012, increasing the likelihood inflation will remain in check and the Reserve Bank of Australia (RBA) will cut in...
Biota to merge with Nabi and list on Nasdaq for better capital access
1Business |
AUSTRALIAN drug development company Biota Holdings, which makes the flu drug Relenza, plans to merge with US-based Nabi Biopharmaceuticals to form a combined company...
Miners spur Australian sharemarket rally
2Business, World News | 
AUSTRALIAN shares closed sharply higher today, as investors cheered mine production reports and concern over Europe eased.
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