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ASX closes lower for second day

ASX closes lower for second day

24 May 2013, 18:46 PM

Australia | The Australian share market has closed sharply lower, amid broad-based selling, falling below the 5,000 point level. Read more

Domestic flights less full in March

Domestic flights less full in March

24 May 2013, 21:24 PM

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

ASIC appeals Storm class action settlement

24 May 2013, 20:20 PM

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

Falling dollar to help auto industry: govt

Falling dollar to help auto industry: govt

24 May 2013, 17:04 PM

Trade Minister Craig Emerson says the declining Australian dollar provides powerful assistance for the automotive industry. Read more

Echo sale packed with Crown confidence

Echo sale packed with Crown confidence

24 May 2013, 16:51 PM

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. Read more

Amazon's Kindle Fire goes to 170 countries

Amazon's Kindle Fire goes to 170 countries

24 May 2013, 10:48 AM

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. Read more

UN sees weak economic recovery this year

UN sees weak economic recovery this year

24 May 2013, 10:33 AM

North America | The UN has revised downward its forecast for the world economy to 2.3 per cent growth this year, followed by 3.1 per cent in 2014.  Read more

Holden, Toyota commit to Australia for now

Holden, Toyota commit to Australia for now

24 May 2013, 6:50 AM

Australia | The last two car makers standing in Australia: Holden and Toyota, have reaffirmed their commitment to the country, for now. Read more

Hong Kong shares close down 2.54%

23 May 2013, 21:16 PM

Hong Kong shares have closed down 2.54 per cent following weak Chinese data. Read more

Tokyo shares plummet 7.3%

Tokyo shares plummet 7.3%

23 May 2013, 20:54 PM

Panic selling has seen Japanese shares plunge 7.3%, the biggest fall since 2011's tsunami disaster. Read more

DuluxGroup stops paint supplies to Masters

23 May 2013, 18:34 PM

Dulux and Cabot's paint and woodcare products will no longer be sold at the Masters and Danks hardware stores, DuluxGroup says. Read more

Ford closure a manufacturing watershed: Ai

Ford closure a manufacturing watershed: Ai

23 May 2013, 17:24 PM

Ford's plant closures have been described as a watershed for Australia's troubled manufacturing sector. Read more

No big recovery in housing sector: JHardie

No big recovery in housing sector: JHardie

23 May 2013, 16:27 PM

Building products maker James Hardie expects the Australian housing market to remain flat to slightly higher over the year. Read more

Job cuts expected in Telstra restructure

Job cuts expected in Telstra restructure

23 May 2013, 14:28 PM

Australia | Job cuts are expected at the nation's largest telco after Telstra unveiled a major restructure to its business units. Read more

Coal mine deal dirty: green groups

23 May 2013, 12:14 PM

Green groups are accusing the government of doing a swift deal in allowing an Australian company a new Buller coal mine in exchange for $22m. Read more

Powerful $US pushing $A lower

23 May 2013, 12:07 PM

An improving US economy and a higher greenback is pushing the Australian dollar to new lows. Read more

Merkel tops Forbes 'powerful women' list

Merkel tops Forbes 'powerful women' list

23 May 2013, 7:13 AM

North America | Two politicians, German Chancellor Angela Merkel and Brazil's Dilma Rousseff, have topped Forbes magazine's list of the world's most powerful women. Read more

Government supports equal pay for retail workers

Government supports equal pay for retail workers

22 May 2013, 18:12 PM

Australia | The Gillard government has called on the Fair Work Commission to consider a union fair pay claim for young retail workers. Read more

Liquidators try to freeze Tinkler's assets

Liquidators try to freeze Tinkler's assets

22 May 2013, 17:03 PM

Liquidators have applied to freeze the assets of struggling businessman Nathan Tinkler and those in his wife and family's name. Read more

Myer sales up, but outlook still cautious

Myer sales up, but outlook still cautious

22 May 2013, 16:57 PM

Despite Myer posting four consecutive quarters of comparable sales growth for the first time since 2006, boss Bernie Brookes remains cautious. Read more

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