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Greek unions, employers reject wage cuts
Greeks have rejected wage cuts, which have emerged as a major sticking point in negotiations to save the country from going bankrupt.US unemployment rate down to 8.3 per cent
The US economy created 243,000 net jobs in January, the most in nine months, and the unemployment rate fell two ticks.Whitehaven mines closed due to wet weather
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 hints at undersized rate cuts
Westpac boss Gail Kelly says bank funding costs at post GFC high amid calls for more transparency and surveillance on banks' interest rate moves.Ausdrill's Sayers faces tax fraud charge
Ron Sayers, the founder and managing director of mining services provider Ausdrill, faces a charge of conspiracy to defraud the Commonwealth.Another interest rate cut widely expected
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.Austar to delay vote on Foxtel take-over
Regional pay TV provider Austar to seek court approval to postpone a shareholder vote on Foxtel's proposed $2.5 billion take-over.Stock market watch
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Market watch top headlines
Australian reports
- Aust markets: Aust shares sink ahead of US data
- Aust dollar report: $A trades in tight range ahead of US data
- Aust credit close: Aust bonds up slightly ahead of jobs data
World reports
- World commodities: Commodities markets summary
- World markets: Jobs report lifts Dow to pre-GFC levels
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Breaking finance news
US stocks cheer strong jobs data
NEW YORK, Feb 3 AFP 4:20PM A strong January jobs report on Friday sent US stocks soaring, pushing the Dow to pre-crisis levels, as investors celebrated a surge in job growth that pointed to new vitality in t...Overseas Stocks - Feb 4
AAP 10:46AM NEW YORK:Abbott Labs 55.00, Abercrombie 40.51, Adobe Systems 31.85, Advanced Micro 7.08, Advantest Corp 11.88, Aetna Inc 44.11, AFLAC Inc 49.98, AK Steel 8.79, Alcatel-Lucent 1.95,...London Metals Bulletin - Feb 3
AAP 10:10AM LME AFTERNOON UNOFFICIAL PRICESMETAL CASH 3 MONTHS 15 MONTHS 27 MONTHSCOPPER 8497.0/8502.0 8520.0/8525.0 8545.0/8555.0 8460.0/8470.0TIN ...Key overseas finance markers
AAP 05:49AM The Dow Jones Industrial Average is UP 137.45 points at 12842.86 in late trading in New York, while the Standard & Poor's 500 index is 17.90 points HIGHER at 1343.44.US stocks jump nearly 1% on jobs data
NEW YORK, Feb 3 AFP 01:51AM US stocks jumped on opening after a strong report on new jobs creation in January pushed down the US unemployment rate to its lowest level in nearly three years.
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