Business
Stocks slip at noon on Telstra fall
The Australian sharemarket at noon has slipped back from early highs, weakened by the slump in Telstra shares and worse than expected housing data.At 1200 AEST, the benchmark S&P/ASX200 index was up 19.1 points, or 0.42 per cent, at 4550.2 while [read more]
Telstra shares plummet on news of break-up reform
Telstra shares have plunged following the Rudd government's announcement that it will force the telco to split its wholesale and retail businesses. As part of new reforms, the government wants Telstra to divest its interest in Foxtel and is [read more]
Barack Obama slams Wall Street for 'business as usual' approach
US President Barack Obama has warned Wall Street it must not return to the "reckless behaviour" and "unchecked excess" which he blamed for unleashing the global financial crisis.
The president, in a major economic speech at the heart of the migh [read more]
$A opens higher on firmer Wall St
ASX expected to open higher on Wall St
Australia best performer year after Lehman collpase, Swan
Home ownership dream slipping away says university study