Financial

Australian bond future prices have fallen from last week's record levels as investors made a tentative move back towards higher risk assets.JP Morgan interest rate strategist Sally Auld said a string of ...

A business sales measure shows Queensland defying a national trend by recording 10 consecutive months of growth in spending.The Commonwealth Bank's latest Business Sales Indicator (BSI) is the bank's key ...

Cuesta Coal has assembled a diverse portfolio of coal exploration prospects within Queensland's world class coal basins with the intention of proving the economic viability of the assets and developing ...

Zeta Petroleum is currently a public unlisted company incorporated in England and Wales. The Company's principal assets comprise a 100% held licence for a gas field redevelopment project (Bobocu Gas Field) ...

GCU is a stable, well managed Authorised Deposit-taking Institution based in the heart of the Goldfields Region in Western Australia. For nearly 30 years the Company has offered banking services to the ...

Spain will pick on Monday two independent auditing firms that will look at how deeply the country's banks are exposed to the collapsed real estate sector, the prime minister said on Sunday.Mariano Rajoy, ...

GCU is a stable, well managed Authorised Deposit-taking Institution based in the heart of the Goldfields Region in Western Australia. For nearly 30 years the Company has offered banking services to the ...

Zeta Petroleum is currently a public unlisted company incorporated in England and Wales. The Company's principal assets comprise a 100% held licence for a gas field redevelopment project (Bobocu Gas Field) ...

Cuesta Coal has assembled a diverse portfolio of coal exploration prospects within Queensland's world class coal basins with the intention of proving the economic viability of the assets and developing ...

Greece could be weeks from a euro exit crunch as an electoral revolt against EU austerity and a run on banks nudges the debt-laden eurozone towards a long-predicted tipping point.Politicians tired of paying ...

Spanish Prime Minister Mariano Rajoy said he did not believe that Spain's banks would need rescuing by Europe."I don't think so," Rajoy told journalists on Saturday after arriving in Chicago ...

The European Bank for Reconstruction and Development headed into a new era Saturday after electing its first British president and approving investment for "Arab democracies" at its annual meeting.After ...

A South Korean joint venture in energy-rich Uzbekistan said on Saturday it had secured a $2.5 billion credit line to build a new chemical and gas production unit by 2016.The Uz-Kor Gas Chemical company ...

Zeta Petroleum is currently a public unlisted company incorporated in England and Wales. The Company's principal assets comprise a 100% held licence for a gas field redevelopment project (Bobocu Gas Field) ...

Cuesta Coal has assembled a diverse portfolio of coal exploration prospects within Queensland's world class coal basins with the intention of proving the economic viability of the assets and developing ...

GCU is a stable, well managed Authorised Deposit-taking Institution based in the heart of the Goldfields Region in Western Australia. For nearly 30 years the Company has offered banking services to the ...

Chaos in Greek politics and Spanish banking combined this week to underscore just how fragile Europe's economy remains after an eviscerating austerity regime that has spawned unemployment, desperation ...

Japan said that it stood ready to extend help in stemming the eurozone's debt crisis as the Group of Eight major industrialized nations opened crisis talks.Japan, the world's third largest economy and ...

World stock markets fell again in nervous trade on Friday and the euro hit a new four-month low against the dollar as ratings agencies further downgraded Greek and Spanish banks.Spooked investors showed ...

The European Bank for Reconstruction and Development on Friday selected British top civil servant Suma Chakrabarti as its president to 2016, replacing German incumbent Thomas Mirow after a shock vote.Chakrabarti, ...

The Australian dollar has plunged to its lowest level in almost six months as concern deepens about the euro zone debt crisis.On Friday, the local currency went as low as 97.95 US cents, its lowest since ...

The European Bank for Reconstruction and Development on Friday selected British senior civil servant Suma Chakrabarti as its president to 2016, replacing German national Thomas Mirow."EBRD shareholders ...

Spanish banks skidded deeper into a credit crisis on Friday as world leaders headed to the United States to try to prevent a Greek-driven eurozone catastrophe.With a growing sense that the Greek crisis ...

More than $120 billion has been wiped off the share market in May, with shareholders braced for more turbulence as Europe tries to sort out its debt crisis.Australian shares dropped to their lowest level ...

Fitch lowered its ratings of Greek banks Friday in the wake of its cut of the country's sovereign rating.Fitch put the new rating for the National Bank of Greece, Efg Eurobank Ergasias, Alpha Bank, Piraeus ...

Concerns about the position of Spanish banks have pushed Australian bond futures to new record highs.On Friday afternoon, the 10-year bond futures contract hit a record high of 96.965, after a Spanish ...

Credit markets are already closing as the euro zone debt crisis continues, ANZ chief executive Mike Smith says."This is what happens in this sort of situation," Mr Smith told a Trans Tasman Business ...

Confidence in Spain's banking sector has been shaken after a newspaper reported that depositors were rushing to withdraw their money from Bankia, a bank that was recently nationalised.The nervousness about ...

At least $100 billion has been wiped off the share market in May, with shareholders bracing themselves for more turbulence amid continuing uncertainty about Europe's debt crisis.Australian shares reached ...

Consumer advocacy group Choice says Qantas is charging $100 million in excess credit card fees every year under the guise of covering processing costs.Qantas charges $7.70 for credit card payments on domestic ...

India's central bank promised on Friday to use "all its available tools" to stabilise the rupee, which sank to a record low against the dollar for a third straight day amid turmoil in global ...

The Australian share market is heading towards a 12-month low after falling sharply at the open amid ongoing worries about the eurozone's debt troubles.At 11:20am (AEST) the All Ordinaries Index has dropped ...

ACT's triple-A credit rating appears to be secure, after a decision to delay a budget surplus for at least two years.The ACT Government says it will try to achieve a surplus by 2015-16, two years later ...