THE share market has closed at a fresh four-year low today, with more than $34 billion wiped from the value of the ASX. Austock Securities senior client adviser Michael Heffernan said Macquarie Bank's interim profit...
SYDNEY -- Macquarie Group Ltd. Tuesday reported its first decline in earnings since going public 12 years ago, as its interim net profit dropped 43% due to hefty write-downs weighing on its bottom line. Macquarie said net...
South African mining stocks are trading lower due to fears that a global recession might push metal prices lower. Posted: Tuesday , 18 Nov 2008 South Africa's mining stocks traded lower on Tuesday as investors were worried the...
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 17, 2008) - Kalimantan Gold Corporation Limited (TSX VENTURE:KLG)(AIM:KLG) has signed an Option Agreement with PT Indobara Pratama ("IBP") to bring the coal deposit on IBP's...
TAIPEI, Nov 17 (Reuters) - Taiwan stocks fell 0.38 percent on Monday, pulled lower by LCD makers such as CPT on fears of falling panel prices, but electronics giant Hon Hai rose after it said it had billions of dollars on hand....
It's going to be another week where some important economic figures in the US and elsewhere will drive sentiment around the world.But in Australia tomorrow is shaping as a big day for confidence in the banking sector and in...
Nov 16, 2008 (The Australian - ABIX via COMTEX) -- A Federal Court ruling will force Macquarie Media to divest its stake in digital TV stations in Tasmania and Darwin. The Australian Communications & Media Authority said that...
The global financial crisis is, again, showing up the savagery of the unfettered rule of the market. Governments are responding by increasing financial regulation, nationalising parts of the economy, and spending big on public...
TOKYO: Japan probably avoided a recession in the third quarter of this year, but Asia's biggest economy looks set to shrink in 2009 as the financial crisis bites, analysts predict. Gross domestic product figures due Monday are...
By Joe Leahy in Dantewade, Chhattisgarh The helicopter painted in the orange and white of India’s Congress party swoops into a dusty field cordoned off by police. “Chhattisgarh is the best,” Rahul Gandhi calls to the waiting...