Tinkler sells entire Whitehaven stake

Tinkler sells entire Whitehaven stake

AAP Embattled entrepreneur Nathan Tinkler has denied being forced by his lender into the $600 million sale that has ended his involvement with Whitehaven Coal. His long-time financier, Farallon Funds announced ...

Australian Markets

  • Share market rallies ahead of US Fed Reserve decision on stimulus ABC - 1 hour 41 minutes ago

    The share market has rallied as investors watch for news on whether the US Federal Reserve will keep printing money to boost the US economy. The Federal Reserve is due to announce its plans early Thursday ...

  • New News Corp fails to impress on debut AAP - 1 hour 42 minutes ago

    Rupert Murdoch's new News Corp publishing business failed to impress investors in its stock market debut, losing three per cent of its value. The massive media empire is splitting its growing and more ...

  • Aust shares rise ahead of US Fed meeting AAP - 2 hours 41 minutes ago

    Australian shares have gained ground as investors took a cautiously optimistic stance ahead of a keenly awaited update on economic stimulus measures in the United States. US Federal Reserve chairman Ben ...

  • Tinkler sells entire Whitehaven stake AAP - 3 hours ago
    Tinkler sells entire Whitehaven stake

    Embattled entrepreneur Nathan Tinkler has denied being forced by his lender into the $600 million sale that has ended his involvement with Whitehaven Coal. His long-time financier, Farallon Funds announced ...

  • Stocks to watch at close on Wednesday AAP - 3 hours ago

    Stocks to watch on the Australian stock exchange at close on Wednesday: CHC - CHARTER HALL GROUP - up 24 cents at $3.89 Property firm Charter Hall and an associated superannuation fund have paid $458 million ...

  • Aussie shares close higher AAP - 3 hours ago

    The Australian share market closed higher on Thursday, with positive manufacturing data out of the US overnight and China during the day promoting positive investor sentiment.

  • Tinkler sells Whitehaven stake for $300m AAP - 4 hours ago
    Tinkler sells Whitehaven stake for $300m

    Entrepreneur Nathan Tinkler has sold about half of his stake in miner Whitehaven Coal to his financier Farallon Funds. The financially troubled businessman has sold a stake of 9.9 per cent for about $300 ...

  • Market higher but eyes are on US Fed AAP - 7 hours ago

    Australian shares were stronger at noon, with trading levels light as investors await a crucial economic statement from the US Federal Reserve. The Fed is meeting on Wednesday in the US, and if indicates ...

  • Stocks to watch at noon on Wednesday AAP - 8 hours ago

    Stocks to watch on the Australian stock exchange at noon on Wednesday: CHC - CHARTER HALL GROUP - up 19 cents, or 5.20 per cent, at $3.84 Property firm Charter Hall Group and an associated superannuation ...

  • Market higher as investors look to US AAP - 9 hours ago

    Australian shares have opened stronger as investors look to whether the United States will alter its massive economic stimulus program. The US Federal Reserve early Thursday is expected to provide an update ...

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  • $A rallies as commodites, stocks rise AAP - Fri, Apr 26, 2013 12:46 PM AEST

    The Australian dollar has risen to its highest point in a week as commodity prices and share markets rally. At 1200 AEST on Friday, the local unit was trading at 103.30 US cents, up from 102.46 cents on ...

  • Bank of Japan boosts economy, inflation view AFP - Fri, Apr 26, 2013 9:19 AM AEST
    Bank of Japan boosts economy, inflation view

    The Bank of Japan on Friday boosted its inflation and economic growth projections for the world's third-largest economy as it eyes an end to years of deflation. The semi-annual report, which came as the ...

  • Euro Stagnation Continues Despite the Equities Rally DailyFX - Wed, Apr 24, 2013 8:04 PM AEST

    Euro Stagnation Continues Despite the Equities Rally

  • Sheila Bair QandA: Protect borrowers and banks Bankrate.com - Wed, Apr 24, 2013 5:00 PM AEST

    Sheila Bair speaking before the National Press Club in 2011. Highlights of Bair's career 1981-1988: Research director, deputy counsel and counsel for U.S. Sen. Robert Dole, R-Kan. 1991-1995: Commissioner, ...

  • Reserve Bank to buy Chinese bonds for reserves ABC - Wed, Apr 24, 2013 4:45 PM AEST

    Australia's central bank is gearing up to invest a slice of its foreign currency reserves in Chinese government bonds. Speaking in Shanghai, RBA deputy Governor Philip Lowe said the bank has sought and ...

  • RBA to invest in Chinese yuan AAP - Wed, Apr 24, 2013 4:25 PM AEST

    The Reserve Bank of Australia plans to spend up to $2 billion on Chinese yuan as the currency gains increasing importance in financial markets. RBA deputy governor Dr Philip Lowe on Wednesday said the ...

  • QE won't lock in an inflationary surge AAP - Wed, Apr 24, 2013 12:28 PM AEST

    The only thing standing between "quantitative easing" of monetary policy in the developed economies and a surge in inflation is a bunch of bankers. Do a quick trawl around the internet and you'll ...

  • Aust bonds weaken as stocks rally AAP - Wed, Apr 24, 2013 9:27 AM AEST

    Australian bond futures prices are lower after most stock markets gained ground during the offshore session. "It's just following overseas movements. Stocks market overseas had a very good night and ...

  • $A bounces back from six-week low AAP - Wed, Apr 24, 2013 7:40 AM AEST

    The Australian dollar is higher after traders went bargain hunting when the currency fell to a six-week low. At 0700 AEST on Wednesday, the local unit was trading at 102.67 US cents, up from 102.33 cents ...

  • 2 Primary Pairs Teetering at Critical Levels DailyFX - Wed, Apr 24, 2013 1:47 AM AEST

    2 Primary Pairs Teetering at Critical Levels

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Company Finances

  • Government touts star rating system for food to fight obesity epidemic ABC - Thu, Jun 13, 2013 7:40 PM AEST
    Government touts star rating system for food to fight obesity epidemic

    The Government is touting a new five-star food labelling system as the latest tool to help fight the obesity epidemic in Australia. The star scale would rate foods from half-a-star to five stars, based ...

  • Outlook for global food markets improves: UN AFP - Thu, Jun 13, 2013 10:24 AM AEST
    Outlook for global food markets improves: UN

    The overall outlook for supplies of basic food commodities to global markets has improved since poor wheat harvest and tight conditions a year ago,the UN's food agency said on Thursday. The cereal supply-and-demand ...

  • Safeway to sell Canadian business to Sobeys AFP - Wed, Jun 12, 2013 9:33 PM AEST
    Safeway to sell Canadian business to Sobeys

    US supermarket chain Safeway on Wednesday announced the sale of it Canadian operations to Canadian food retailer Sobeys for CAN$5.8 billion ($5.7 billion) in cash. Safeway Inc. said it would use the proceeds ...

  • Audi to follow Volkswagen on car recall AAP - Wed, Jun 12, 2013 4:14 PM AEST
    Audi to follow Volkswagen on car recall

    Audi will recall more than 6000 hatchbacks due to the same gearbox safety concerns that prompted its parent company Volkswagen to announce a recall of almost 26,000 vehicles. Audi says the voluntary recall ...

  • Safety concerns spark Volkswagen recall AAP - Wed, Jun 12, 2013 12:43 PM AEST
    Safety concerns spark Volkswagen recall

    Volkswagen will recall almost 26,000 vehicles in Australia because of concerns an electronic malfunction in some cars could cause them to lose power while driving. Affected vehicles include the Golf, Jetta, ...

  • Volkswagen, Audi recall 32,000 cars in Australia AFP - Wed, Jun 12, 2013 12:29 PM AEST
    Volkswagen, Audi recall 32,000 cars in Australia

    German auto giant Volkswagen (VW) on Wednesday recalled nearly 26,000 vehicles in Australia and Audi followed suit with 6,000 cars due to a gearbox problem that could cause a loss of power while driving. ...

  • Kuwait invites bids for first solar energy project AFP - Wed, Jun 12, 2013 12:16 PM AEST
    Kuwait invites bids for first solar energy project

    Kuwait invited bids on Wednesday to build a solar farm to produce 70 megawatts of electricity by 2016, the first phase of a plan to generate 2,000 megawatts from renewables in 2030, the project supervisor ...

  • Zara owner Inditex ups profit on global expansion AFP - Wed, Jun 12, 2013 11:10 AM AEST
    Zara owner Inditex ups profit on global expansion

    Spanish textile giant Inditex, owner of the Zara brand, announced Wednesday a rise in quarterly profit as it pursued a global expansion with a string of new stores including in Japan, China and Russia. ...

  • Volkswagen recalls 26,000 cars in Australia AFP - Wed, Jun 12, 2013 2:08 AM AEST
    Volkswagen recalls 26,000 cars in Australia

    German auto giant Volkswagen (VW) on Wednesday recalled nearly 26,000 vehicles in Australia due to a gearbox problem that could cause cars to lose power on the road. The recall follows growing safety concerns ...

  • Volkswagen confirms recall of Australian cars after power-loss complaints ABC - Wed, Jun 12, 2013 12:53 AM AEST
    Volkswagen confirms recall of Australian cars after power-loss complaints

    Volkswagen has confirmed it will recall some of its cars in Australia after a fatal accident in Victoria sparked safety concerns about some models. A coronal inquest has been held into the death of Melissa ...

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