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Noni B shares slump as $2.2m loss looms

Noni B's shares have slumped after the troubled fashion retailer revealed it was headed for a $2.2 million loss for 2013/14.

Genworth flags up to $250m FY profit

Genworth Mortgage Insurance Australia has lifted its first half underlying profit 40pct and flagged a full year profit of up to $250m.

House prices to rise 10% in 2014: HSBC

A prominent economist expects house prices to rise 10pct in 2014, but warns the Reserve Bank may need to lift interest rates to prevent a bubble.

Website to boost Aussie start-ups

Australian entrepreneurs are getting behind a new website giving free advice and training for business hopefuls.

Mining slowdown hits WA commercial market

The mining investment slowdown means more office space is being left unused in Western Australia.

Metroglass shares gain on debut

Shares in New Zealand's largest glass processor, Metroglass, have debuted on the NZX at a 2.9 per cent premium.

Choosing small lenders can save you money

The big four banks dominate the mortgage market but smaller lenders often offer the cheapest interest rates.

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Breaking finance news

Singapore Airlines Q1 profit down 71.4%

SINGAPORE, July 30 AFP 8:56PM Singapore Airlines says its financial first quarter net profit plunged 71.4 per cent from the previous year, weighed down by lower passenger and cargo revenue.

Sony to de-list from London Stock Exchange

TOKYO, July 30 AFP 7:00PM Sony says it will de-list its shares from the London Stock Exchange after 44 years because of thin trading volume, following a series of pullouts by other Japanese firms.

Hong Kong shares end 0.37% higher

AAP 6:56PM Stocks HK Close Update

Asian stocks rise, euro hit by Russia fear

HONG KONG, July 30 AFP 6:39PM Asia's markets mostly rose, extending a recent rally, with a weaker yen boosting Tokyo while investors await the release this week of key US data and the Federal Reserve's policy m...

Rio Tinto to sell Mozambique coal assets

PERTH, July 30 AAP 6:21PM Mining giant Rio Tinto will sell its troubled Mozambique coal assets for $US50 million, almost three years after its controversial $4 billion acquisition of Riversdale Mining.

French oil giant Total posts profit fall

PARIS, July 30 AFP 6:27PM French oil group Total says it suffered a profit and production setback in the second quarter, but expects output to rebound despite uncertainty over the impact of sanctions on Rus...

Aspirin maker Bayer's earnings disappoint

FRANKFURT, July 30 AFP 6:11PM German chemicals and pharmaceuticals giant Bayer, maker of Aspirin painkiller, says its net profit surged 13 per cent in the second quarter but disappointed expectations due to the...

Huge offshore pier proposed for Vic port

MELBOURNE, July 30 AAP 5:56PM A huge L-shaped pier could be built south-west of Melbourne to become the city's second port, Labor says.

Nintendo posts $US97m quarterly net loss

TOKYO, July 30 AFP 5:45PM Japanese video games giant Nintendo has posted a $US97 million ($A105 million) quarterly net loss, as higher costs tied to sales of its Wii U console dug into its bottom line as sa...

$A hovering ahead of US GDP data

SYDNEY, July 30 AAP 5:39PM The Australian dollar is hovering below 94 US cents as investors await the release of US economic growth figures.