AAP

Qantas to meet union as amendment block looms

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Federal MP Clive Palmer has indicated he won't support law changes that would allow Qantas to be foreign-owned as the embattled carrier's chief prepares to meet union officials for crisis talks.

Gold lifts on safe-haven asset demand rise

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Gold futures have risen after Federal Reserve Chair Janet Yellen said recent data have pointed to softness in the US economy, increasing demand for the precious metal as an alternative investment.

$A rises in risk-on market

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The Australian dollar is firmer, having regained some ground after slumping on weaker-than-expected business investment data.

Workplace issues back in spotlight

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Industrial relations is set to become a new political battleground after the Abbott government introduced wide-ranging changes to workplace law.

Shares down on weak investment data

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The sharemarket has closed lower due to a worse than expected fall in business investment in the December quarter.

Austal grows half-year profit

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Ship builder Austal expects to meet its full year revenue target after reporting a 76 per cent increase in first half profit.

Business investment lower than tipped

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Business investment in Australia had an unexpectedly large fall in the last three months of 2013, led by a big drop in mining related investment.

Aust stocks open lower

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The Australian share market has opened flat following weak overseas leads from the US.

Qantas to axe 5,000 jobs after $252m loss

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Qantas will axe 5,000 jobs in a bid to dramatically cut costs after posting a $252 million first half loss.

US oil rises after stockpiles report point

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Global oil prices have risen, with US prices gaining a boost from a bullish stockpiles report and another wintry blast hitting the country.

US stocks edge higher ahead of Yellen test

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US stocks have finished with modest gains as investors look ahead to Thursday's congressional testimony by Federal Reserve Chair Janet Yellen.

$A weaker as US strengthens

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The Australian dollar has fallen as the greenback edges higher ahead of Federal Reserve chief Janet Yellen's Congressional testimony.

Market flat as resources stocks fall

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Resources stocks have weighed on the local sharemarket due to investor concerns about the Chinese economy and weaker commodities prices.

WorleyParsons reviewing its business

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Engineering giant WorleyParsons will review its global business after profit fell by almost 30 per cent, fuelling speculation of more restructuring and job cuts.

Westfield profit down 6.7%

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Shopping centre giant Westfield Group has suffered a 6.7 per cent slide in its full year profit.

Aust stocks open flat

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The Australian share market has opened flat following weak overseas leads from the US.

Stocks dip on weak data, JPMorgan outlook

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Wall Street stocks have fallen following weak US economic data and a mixed outlook from JPMorgan Chase on some of its key business units.

Oil prices fall ahead of stockpiles report

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Oil prices sank as traders expected a rise in US commercial crude stockpiles and worried about China's economic health.

$A has fallen on weaker risk appetite

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The Australian dollar has fallen slightly as global risk appetite softens.

Shares end long run of gains

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The sharemarket's run of seven straight days of gains is over, as a weaker iron ore price weighed on the resources sector.

GrainCorp expects profit of $80m-$100m

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GrainCorp expects to make a full year profit of between $80 million and $100 million with recent large harvests offset by poor seasonal conditions in Queensland and NSW.

Aust shares open higher

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The Australian share market has opened flat following weak overseas leads from the US.

Qantas won't confirm job losses

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Qantas is refusing to confirm or deny reports the financially troubled airline will axe up to 5,000 jobs as part of its efforts to find $2 billion in savings.

Gold and silver lift more than 1%

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Gold futures have rallied to a 16-week high as fears that Ukraine would plunge into a sovereign debt default fanned demand for wealth preservation.

US stocks rise

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US stocks have finished higher as a February rally accelerated amid continued strength of some high-flying technology equities.

$A lifts on US stocks rally

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The Australian dollar is firmer after US stocks rallied strongly overnight as appetite for riskier assets rise.

Shares close flat in quiet trade

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The sharemarket has closed flat after a slower increase in property prices in China generated anxiety about the strength of the Chinese economy.

Boart shares down on $US620m loss

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Shares in Boart Longyear have fallen more than 8 per cent after the drilling company slumped to a full year net loss of $US620 million.

Aust shares open flat

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The Australian share market has opened flat following weak overseas leads from the US.

Hunt scraps carbon auctions

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Environment Minister Greg Hunt has stepped in to stop the auction of carbon units, saying it will give business certainty ahead of the government's plans to scrap the carbon tax.

Gold closes up 0.5%

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Gold futures have risen, as some investors, citing the recent political turmoil in Ukraine, seek to fireproof their portfolios.

US stocks dip after weak housing report

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US stocks have finished with modest declines as investors shrugged off a drop in sale of existing homes as weather-related.