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Latest Business News

Japan factory output rises 0.3% in July

Japan's industrial output rose 0.3 pc in July from the previous month, official data shows, better than market expectations of a 0.3 per cent fall.

AFP - Tuesday 31 August 2010 10:03AM

NZ building consents slump

The seasonally adjusted number of new houses authorised in July, excluding apartments, slumps 5.3 per cent, Statistics NZ says.

NZPA - Tuesday 31 August 2010 09:27AM

NZ construction sector at 'precipice'

The non-residential construction sector in NZ is at "the precipice of a collapse", the NZ Institute of Economic Research warns.

NZPA - Tuesday 31 August 2010 07:55AM

Investors get back into the bond market

Interest rates fall as traders jumped back in the Treasury market after suffering from seller's regret over the weekend.

AP - Tuesday 31 August 2010 07:46AM

Japan PM orders plan to boost economy

Japan's premier has ordered his industry minister to draw up a plan to boost domestic investment and keep jobs at home.

AFP - Monday 30 August 2010 07:11AM

US economy edges closer to stalling

As weak as it was, the US economy turns out to have been even worse - closer than the government first thought to stalling.

AP - Monday 30 August 2010 07:06AM

US approves United, Continental merger

The US has cleared the way for a merger between United and Continental that will create the world's biggest airline.

AFP - Saturday 28 August 2010 12:42PM

Wall Street awaits US jobs report

Wall Street may be in for another rocky week, as traders brace for negative data topped by an expected rise in the US unemployment rate.

AFP - Saturday 28 August 2010 12:09PM

Myer chief regrets ASX listing

Myer chief executive Bernie Brookes wishes the department store had not listed on the Australian stock exchange and had remained a private company.

AAP - Friday 27 August 2010 04:26PM

Migration cuts may prompt skills crisis

Migration cuts could exacerbate a looming skills shortage and lead to wage blowouts in the resources sector, industry analysts warn.

AAP - Friday 27 August 2010 02:59PM

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