• Atlassian deepens loss but boosts revenue
    AAP17 minutes ago

    Atlassian deepens loss but boosts revenue

    Software giant Atlassian has widened its second-quarter net loss, but has boosted revenue compared to a year ago. Net loss for the three months to December 31 was $US65.2 million ($A91.3 million), compared to $US1.7 million in the same quarter the previous year, due to a $US47.3 million write-down of

  • Wall St fell, but Aust shares open up
    AAP20 minutes ago

    Wall St fell, but Aust shares open up

    The Australian share market has opened modestly in the green, ignoring Wall Street's negativity with its previous strong rally running out of steam. At 1015 AEDT on Friday, the benchmark S&P/ASX200 index was up 9.8 points, or 0.16 per cent, at 6,024.4, while the broader All Ordinaries index was

  • AAP37 minutes ago

    Davos discreetly pushes peace talks

    US president Donald Trump will hog the limelight at the World Economic Forum (WEF) in Davos next week, but behind the scenes some of the world's leading diplomats will be working on some of humanity's knottiest conflicts. Trump is expected to arrive on January 25 and make a speech on January

  • Atlassian deepens debt, but boosts revenue
    AAP51 minutes ago

    Atlassian deepens debt, but boosts revenue

    Software giant Atlassian has widened its second-quarter net loss, but has boosted revenue compared to a year ago. Net loss for the three months to December 31 was $US65.2 million ($A91.3 million), compared to $US1.7 million in the same quarter the previous year, due to a $US47.3 million write-down of

  • AAP1 hour ago

    Atlassian deepens debt, boosts revenue

    Software giant Atlassian has widened its second-quarter net loss, but has boosted revenue compared to a year ago. Net loss for the three months to December 31 was $US65.2 million ($A91.3 million), compared to $US1.7 million in the same quarter the previous year, due to a $US47.3 million write-down of

  • AAP3 hours ago

    Aust shares shrug off Wall St, to open up

    The Australian share market looks set to open higher despite an uninspiring Wall Street session. At 0700 AEDT on Friday, the share price futures index was up 17 points, or 0.29 per cent, at 5,969. The ...

  • AAP3 hours ago

    International markets roundup

    NEW YORK: Losses in healthcare and industrial stocks have paused Wall Street's fervent new year rally that has driven the blue-chip Dow index to its fastest ever 1,000 point rise. The S&P healthcare index ...

  • Higher $A knocking on door of US80 cents
    AAP4 hours ago

    Higher $A knocking on door of US80 cents

    The Australian dollar is fractionally shy of 80 US cents, with the US dollar weakening ovenight amid fears of a possible federal government shutdown. At 0635 AEDT on Friday, the Australian dollar was worth ...

  • $16b Emirates deal throws lifeline to A380
    AAP11 hours ago

    $16b Emirates deal throws lifeline to A380

    The Middle East's largest airline, Emirates, is purchasing 20 A380 aircraft with the option for 16 more in a deal worth $US16 billion ($A22 billion), throwing a lifeline to the European-made double-decker jumbo jets. Emirates said in a statement on Thursday the aircraft will be delivered to the

  • AAP15 hours ago

    Trump mulls big fine over 'China theft'

    President Donald Trump says the United States is considering a big "fine" as part of a probe into China's alleged theft of intellectual property. In an interview with Reuters, Trump and his economic adviser Gary Cohn said China had forced US companies to transfer their intellectual property

  • AAP16 hours ago

    China's economy grew by 6.9% in 2017

    The numbers beat economists' forecasts for the world's second largest economy and the Chinese government's own official growth target of 6.5 per cent. The economy expanded at a 6.7 per cent pace in 2016, its slowest pace in 26 years. "The national economy has maintained the momentum

  • BHP boosts H1 copper, energy coal output
    AAP16 hours ago

    BHP boosts H1 copper, energy coal output

    BHP Billiton has maintained its full-year production guidance for most commodities including iron ore after reporting a first-half boost in production of copper and energy coal. The global miner lifted copper production by 17 per cent in the six months to December, compared to the prior first half,

  • AAP17 hours ago

    PM jests over Japan's coach poaching

    Malcolm Turnbull has joked that Australia's support for free trade has gone too far and the nation might need to consider protectionist measures to safeguard its sporting secret weapons from the Japanese. The prime minister addressed a business lunch in Tokyo on Thursday, ahead of his bilateral

  • Aust shares edge lower on energy weakness
    AAP17 hours ago

    Aust shares edge lower on energy weakness

    Australian shares have closed barely lower, with banks and consumer stocks among the few sectors to record gains as energy and mining stock weakness weighed on the market. The benchmark S&P/ASX200 index ...