Business
US in recession since last year
IT'S official - the US economy has been in recession since December 2007, a panel of economists declared overnight.
Share market: ASX dives on US recession news
THE ASX lost around 3.5pc in the first 10 minutes of trade after the US fell sharply.
Narrow deficit boosts growth expectations
A NARROWER than expected current account deficit in the September quarter could point to a firmer economic growth number, economists say.
Mac Bank wields axe through workforce
MACQUARIE Group is preparing a savage cut of its Australian and global workforce.
Sweden to bail out Saab and Volvo
SWEDEN will come to the rescue of its US-owned carmakers crippled by the financial crisis, Saab and Volvo, to secure the future of an automobile industry which accounts for 15 percent of exports, officials say.
Most Read
- Better off: It's 'raining cash' as hef...
- ASX dives on US recession news
- Mac Bank wields axe through workforce
- Wall St slumps on recession news
- US in recession since last year
- Boomers facing a bleaker financial future
- Fortescue soars on stream of rumours
- Dollar down on dire US data
- OZ Minerals shares on ice for weeks
- Wall St plunges on recession news
- Rio terminates Qld contractMining & Energy
- Swede rescue model light in the nightFinancial Markets
- Stocks slip on rate expectationBanking & Finance
- Glamour magazine launch on iceMedia
- Emotional homecoming for AustraliansAviation
- A red-letter dayWealth
- Telstra call centres in crisisTechnology News
Criterion Column
Metcash (MTS) $3.99
YOUR columnist won't get too carried away, but a faint scintilla of hope is emerging across the retail sector, or at leas...
John Durie
Wesfarmers' right move
WHEN the market is looking for trouble and the company is vulnerable, even planned moves look bad.
Business Owner
planning and starting
Top Stories
Smaller firms will buoy economy
AS the big firms sink, smaller operators might just be the ones to save us from recession, according to one expert.
Planning
How to survive through the slump
WANT to know how to stay afloat in tough times? Well some businesses seem to have the answer - and they're thriving.
Starting
Faking the Australia Made label
INAPPROPRIATE use of the Australia Made label has earned a rap over the knuckles for one local company.
Growing
How to get customers to pay up
UPSETTING customers is a major concern for businesses when it comes to collecting debt, but the squeaky door gets the oil.
Top Stories
Public v private in tough times
PRIVATE companies are most at risk of cracking under the pressure of the economic downturn.
Management
Paid maternity leave 'no panacea'
PAID maternity leave will not boost the number of women in the workplace, says a new survey.
Innovation
Lunchtime parenting classes for workers
BUSY mums and dads are using their lunch breaks to attend employer-sponsored parenting classes.
Leaders
Top exec shares her tips for success
CATRIONA Noble has worked her way up from teenage crew member of McDonald's to becoming its first Managing Director.
Boomers facing a bleaker financial future
CHILDREN of baby boomers are being warned not to expect the inheritance kick-start their parents enjoyed.
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| Oil | 49.28 | -5.15 | -9.46% | |
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ASX200 - Top Gainers & Losers
| Code | Name | Price | Percent |
|---|---|---|---|
| AIO | Asciano Group | 1.21 | +12.55% |
| DJS | David Jones | 2.82 | +9.72% |
| TSE | Transfield Services | 1.34 | +7.63% |
| FMG | Fortescue Metals | 2.68 | +7.2% |
| MCR | Mincor Resources | 0.61 | +7.01% |
| NWH | NRW Holdings | 0.23 | -14.55% |
| TSO | Tishman Speyer Office Fund | 0.20 | -12.77% |
| KZL | Kagara Ltd | 0.46 | -11.66% |
| BBI | Babcock & Brown Infrastructure | 0.09 | -10.31% |
| MOF | Macquarie Office Trust | 0.27 | -10.17% |
| Commodity | Price | Change | Percent |
|---|---|---|---|
| Gold | 770.53 | -47.52 | -5.81% |
| Oil | 49.28 | -5.15 | -9.46% |
| Lead | 1095 | +0.5 | +0.05% |
| Copper | 3571 | -24 | -0.67% |
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