NEWS.com.au | Business | Business Breaking News

Van Rompuy seeks to help jobless youth

Sat, 25 May 2013 09:35:02 GMT

IN a letter to the EU's heads of state and government, Van Rompuy says he aims to put the fight against unemployment high on the agenda

Google eyes African, Asian markets

Sat, 25 May 2013 00:17:41 GMT

THE Wall Street Journal, citing unnamed sources, says Google is involved in plans that could connect a billion or more new people to the internet.

Yen rises amid Japanese stock volatility

Fri, 24 May 2013 23:09:16 GMT

THE yen has gained against the euro and the US dollar as heavy volatility in the Japanese equity market reverberated through the currency market.

Yahoo bids for online TV site Hulu: report

Fri, 24 May 2013 23:00:20 GMT

YAHOO has submitted a bid for online TV service Hulu, which is seeking $US1 billion.

US markets turn sober after Japan plunge

Fri, 24 May 2013 22:57:13 GMT

US markets were lower for the five-day period after three straight weeks in which the Dow and S&P finished at all-time highs.

US stocks flat as bulls get cautious

Fri, 24 May 2013 21:29:16 GMT

THE Dow Jones Industrial Average finished up 8.60 points (0.06 per cent) on Friday at 15,303.10.

Euro stocks steadier after sharp losses

Fri, 24 May 2013 18:00:27 GMT

LONDON'S FTSE 100 index of leading shares shed 0.63 per cent on Friday to 6,654.34 points, while in Frankfurt the DAX 30 index fell 0.56 per cent.

Domestic flights less full in March

Fri, 24 May 2013 11:26:42 GMT

GOVERNMENT figures show Australia's domestic airlines were a little less full in March, with the growth in extra seats outpacing demand.

Euro stocks slump in wake of Tokyo plunge

Fri, 24 May 2013 10:54:17 GMT

LONDON'S FTSE 100 index of leading shares fell 2.10 per cent to 6,696.79 points, while in Frankfurt the DAX 30 index also dropped 2.10 per cent.

ASIC appeals Storm class action settlement

Fri, 24 May 2013 10:44:19 GMT

ASIC says the settlement of a class action should be undertaken in the interests of the class action group as a whole.

Asian markets mixed in volatile trade

Fri, 24 May 2013 10:03:53 GMT

ASIAN markets have closed mixed following a day of volatile trading, with Japan ending in positive territory after plunging more than 3 per cent.

Hong Kong stocks close down 0.23pc

Fri, 24 May 2013 10:00:30 GMT

HONG Kong stocks have closed down 0.23 per cent after a day of volatile trading.

Tokyo stocks tumble in afternoon trade

Fri, 24 May 2013 08:06:18 GMT

JAPANESE shares have tumbled more than 3 per cent in volatile afternoon trade before gaining some ground, but are still in the red.

$A finishes the day higher

Fri, 24 May 2013 07:47:22 GMT

THE Australian dollar is higher as markets continue to react to US Federal Reserve chairman Ben Bernanke's testimony to Congress.

Aust stocks close lower

Fri, 24 May 2013 07:24:28 GMT

AUSTRALIAN stocks have tumbled for a fourth straight session to sit at five-week lows after a day of broad-based selling

NZ share prices drop on profit taking

Fri, 24 May 2013 07:24:16 GMT

THE NZX 50 Index has fallen 1.4 per cent in what one sharebroker has described as a "healthy correction".

Aust bonds weaker

Fri, 24 May 2013 06:52:42 GMT

AUSTRALIAN bond futures prices are lower as recent comments from US Federal Reserve Chairman Ben Bernanke continue to weigh on the market.

Echo sale packed with Crown confidence

Fri, 24 May 2013 06:52:41 GMT

CROWN boss James Packer has dumped his defensive stake in rival Echo in a move seen as signalling his confidence in building his dream Sydney casino.

Stocks to watch at close on Friday

Fri, 24 May 2013 06:24:23 GMT

STOCKS of interest on the Australian Securities Exchange at close on Friday

AACo blames export ban for loss

Fri, 24 May 2013 06:00:32 GMT

AUSTRALIAN Agricultural Company says a 2011 ban on live cattle exports is suppressing prices, as it reports a $46.5m loss.

Amazon's Kindle Fire goes to 170 countries

Fri, 24 May 2013 00:51:48 GMT

AMAZON'S Kindle Fire, which starts in the US market at $US159 ($A164), will start shipping to more than 170 additional countries by June 13.

Yen higher after Japan stocks sell-off

Thu, 23 May 2013 22:22:18 GMT

THE yen has gained amid a sharp sell-off of Japanese stocks while the US dollar has fallen against the euro.

US new home sales up 2.3 per cent in April

Thu, 23 May 2013 21:58:15 GMT

THE Commerce Department said on Thursday new-home sales rose to a seasonally adjusted annual rate of 454,000 in April, up 2.3 per cent from March.

Gap's 1Q profits rise 43 per cent

Thu, 23 May 2013 21:56:14 GMT

GAP says it earned $US333 million ($A345.40 million), or 71 US cents per share, for the three-month period ended May 4.

Brazil to hold auction for off-shore oil

Thu, 23 May 2013 21:54:21 GMT

BRAZIL will hold its first auction in October for contracts to develop offshore oil and gas reserves in the pre-salt region.