Latest market news
Greeks have rejected wage cuts, which have emerged as a major sticking point in negotiations to save the country from going bankrupt.
The US economy created 243,000 net jobs in January, the most in nine months, and the unemployment rate fell two ticks.
Coal miner Whitehaven has closed four of its mines in NSW because of recent heavy rainfall, which has also prevented workers travelling to another mine.
Westpac boss Gail Kelly says bank funding costs at post GFC high amid calls for more transparency and surveillance on banks' interest rate moves.
Ron Sayers, the founder and managing director of mining services provider Ausdrill, faces a charge of conspiracy to defraud the Commonwealth.
A third consecutive interest rate cut by the RBA is expected as inflation eases, local jobs growth slows and fears over a European recession grows.
Regional pay TV provider Austar to seek court approval to postpone a shareholder vote on Foxtel's proposed $2.5 billion take-over.
Growth in accomodation, finance and personal services saw Australia's services sector expand in January
Federal Reserve chairman Ben Bernanke has appeared before politicians and defended the decision to hold interest rates at record-low levels.
Fairfax shares retreated on Thursday as analysts questioned the financial wisdom of Gina Rinehart's decision to buy a big stake.
Shoppers are set to enjoy cheaper groceries as Coles entrenches itself in supermarket price wars for the long-term despite tough retail environment
Exclusive rights deals are now worthless after a court ruling allowing Optus to broadcast sports matches online, analysts say.
Qantas increases fares on domestic and international routes in response to increased fuel costs and carbon pricing schemes in Australia and Europe.
Gina Rinehart the richest woman in Asia and on the way to becoming the richest woman in the world, according to business magazine Forbes.
Westpac staff are being briefed on a fresh wave of job cuts that may result in hundreds of jobs being lost.
Economists predict Australia's housing sector will remain soft for a while longer after new data showed building approvals continue to decline.
The Australian Bureau of Statistics has released building approvals data for December.
Australia's trade surplus narrowed/widened in December, the Australian Bureau of Statistics (ABS) said.
Publisher and direct marketer PMP cuts earnings guidance and conducts further restructuring due to poor trading conditions and weaker printing orders.
All Nippon Airways (ANA) of Japan cancelled Boeing Dreamliner flights in January because of aeroplane glitches.
Greece and the IMF say debt negotiations with Greece's creditors are close to being finalised, paving the way for a second bailout package.
Malaysia has granted approval for Australian miner Lynas to operate a rare earth plant despite protests over radioactive contamination fears.
Rio Tinto will double its interest in Richards Bay Minerals, a South African mineral sands miner, by buying BHP Billiton's stake for an undisclosed sum.
BHP Billiton says around 155 jobs from its Nickel West business may be cut as it responds to a languishing nickel price and a strong Australian dollar.
Optus says a Federal Court decision allowing it to broadcast National Rugby League and Australian Football League online was a win for consumers.
Optus cleared of breaching copyright laws by allowing users to watch footage of NRL and AFL matches.
House prices declined again in the December quarter, adding to the case for another cut to interest rates.
Angry bank customers are taking St George and Bank SA to court to recoup what they claim are unfair fees they have been charged.
Energy Resources Australia posts a $153.6 million loss for 2011 and says production is still being hampered by wet weather.
Australian manufacturing activity in January expanded for a second consecutive month, a private survey shows.
Qantas defends its financial position despite having its credit rating downgraded by Moody's.
Building materials producer Boral has sold its Indonesian business for $128 million and has confirmed previous expectations for half year profit.
Greece has almost finalised a crucial debt write-off deal and is turning its attention to new austerity measures essential for continued rescue loans.
Households will be hit with a 13% hike in insurance premiums in 2012 as insurers restore their profits after more natural disasters took their toll.
Woolworths is to sell off its Dick Smith Electronics chain, sparking fears for its founder that the business will end up in foreign hands.
Australian capital city home prices fell 0.5 per cent in the final three months of 2011, a private sector report shows.
Falling fresh produce prices are nothing new and an attempt by rival Coles to pretend it is heavily discounting fruit and vegies is misleading, Woolworths says.
Total credit provided to the private sector by financial intermediaries rose 0.3 per cent in December, the RBA says.
AWE Ltd is poised to achieve its annual production and revenue forecasts, while it has lowered its risk exposure to the troubled BassGas project.
Education provider Navitas lifts first-half profit by nine per cent but expects second-half earnings to be weaker.
Woolworths first-half sales have risen five per cent to $29.7 billion but it says consumer confidence is subdued and prices are falling.
Electrical appliance seller Breville expects higher earnings this financial year due to a strong performance from its North American business.
Beef producer Australian Agricultural Company says it is well placed to benefit from the tight supply of beef and positive prices.
Rare earths miner Lynas says construction of its processing plant in Malaysia is 91 per cent complete.
Investors participating in a deal to cut Greek debt would face an overall loss of about 70 per cent, sources say.
Shoppers are tipped to spend more in February and March than they did last year, but it's not going to set the retail world on fire
Bond sale is the first test of market sentiment about the country's handling of its debt since ratings agency Fitch cut Italy's credit rating.
The big four banks will know by April if FitchRatings has downgraded their credit ratings by one notch due to their dependence on global debt markets.
BKI Investment Co has posted a 5.2% lift in first half profit and expects more pensioners and retirees to snap up its shares for the strong yield.
Chief executive of toll road operator Transurban Chris Lynch has handed in his resignation.
Exxon Mobil Corp is selling its Japanese subsidiary to partner company TonenGeneral Sekiyu KK in a deal valued at $US3.9 billion ($A3.68 billion).
Anxiety levels among bankers are at record levels with Australian finance professionals more worried than elsewhere, a new global report has found.
Disgruntled Belgian workers are planning a strike to protest the direction in which Europe is heading as EU leaders gather for talks.
US markets had mixed results on Friday, but prices for base metals and gold were up.
International Monetary Fund chief Christine Lagarde has led a global push for the eurozone to boost its financial firewall.
Ratings agency Fitch is downgrading the credit ratings of five countries that use the euro, including economic heavyweights Italy and Spain.
Leading finance chiefs have sought to reassure anxious global business leaders that Europe is on track to solve its crippling debt crisis.
The US economy grew at a 2.8 per cent annual rate in the final three months of last year.
The European Monetary Affairs Commissioner Olli Rehn hopes a new Greek debt restructuring deal will be reached "if not today maybe by the weekend".
The Australian dollar is becoming an increasingly important asset for central banks as they look to reduce their exposure to US and European currencies.