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Credit Suisse flags flat year for ASX

Investment bank Credit Suisse expects the Australian stock market to be roughly flat in a year's time.

Evolution acquires Cowal mine for $US550m

Evolution Mining is buying the Cowal gold mine in central west NSW for $US550m in a deal with Canada's Barrick Gold.

Credit cardholders dip out on rate cuts

Banks are not passing on interest rate cuts to credit cardholders, according to Australia's biggest credit card comparison website.

Greenstone eyes $1bn stock market float

Insurance group Greenstone, the company behind the Choosi comparison website, is looking to raise nearly $1bn and list on the ASX in June.

Obeid's sons face legal action

Two of Eddie Obeid's sons and three businessmen involved with Cascade Coal are facing legal action over the alleged rigging of a coal licence tender.

Cairns casino looks towards improvements

The Reef Casino Trust is looking towards new marketing initiatives and a partial revamp after the abandoned takeover bid by Aquis.

Tokyo stocks open 0.34% higher

The Nikkei 225 index at the Tokyo Stock Exchange was up 69.41 points at 20,333.82 in the first minutes of trade.

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