Market latest: Australia - ninemsn
Australian shares .axjo have closed at their lowest level in four and a half years following a huge drop on Wall Street overnight amid growing fears of a long recession in the US. The benchmark ASX200 index fell by 4.2 percent in the opening 15 ...
Stock & fund quotes - ninemsn
SYDNEY Nov 20 Reuters - Australian shares fell 3.5 percent on Thursday as concerns about a prolonged global recession triggered sharp losses in leading miners BHP Billiton BHP.AX and Rio Tinto RIO.AX. The benchmark SPASX 200 index .AXJO ...
PRESS DIGEST-Australian Business News - Nov 19 - Reuters
Ratings agency Fitch Ratings has warned that cashflow and leverage ratios in Australias business sector have deteriorated to levels not seen in years. The Australian corporate sector is heading for the weakest credit metrics since the early 1990s ...
Australia's Centro fails to close U.S. sale - Reuters
SYDNEY Sept 15 Reuters - Centro Properties Group CNP.AX Quote Profile Research Stock Buzz a high-profile Australian victim of the global credit crunch has failed to close a deal to sell almost all of its Centro America Fund which owns ...
Commercial property not next shoe to drop-Deloitte - Reuters
NEW YORK Jan 22 Reuters - The U.S. commercial real estate business remains solid despite residential market woes and a souring economic outlook according to a new report by accounting firm Deloitte Touche. The Real Estate Capital Markets ...