The Australian dollar has plunged more than one US cent, after a surprise interest rate cut by the Bank of Canada and on expectations of a huge economic stimulus package from the European Central Bank (ECB).
One of Western Australia's last local credit unions, Unicredit, is moving to merge with Sydney-based Teachers Mutual Bank this year, joining a long-term trend towards scale in the lending industry.
The Australian share market has made solid gains, buoyed by a strong production report from global miner BHP Billiton and expectations that the European Central Bank will take steps to boost the eurozone's sputtering economy.
The Reserve Bank of Australia should slash interest rates to a fresh record low next month, Westpac's top economist says, as new figures show consumers remain pessimistic.
The Australian dollar is lower as falling oil prices and a downgrade to the International Monetary Fund's (IMF) global growth forecasts weighs on market sentiment.
QBE Insurance Group has entered into an agreement for the sale of its US agency businesses to California-based Alliant Insurance Services for $US300 million ($A367 million).
Macquarie Group is on track to post its biggest profit in eight years, as the lower Australian dollar and improved market activity bolsters its earnings.
Business News' CEO survey has unearthed strong views on the turbulent 12 months just gone, while also offering some timely advice to our political leaders.
Wall Street stocks have fallen for a fifth straight day following disappointing US bank earnings and a surprise move by the Swiss central bank to strengthen its currency.
The Australian dollar has gone from strength to strength overnight, following upbeat local jobs figures and the Swiss central bank's decision to slash its interest rate.
The share market has fallen for a fourth straight day as a drop in commodity prices and a negative lead from US markets outweighed better-than-expected jobs figures.
It might seem unimportant to know exactly why copper has been added to the list of sick commodities, but if it is more than a fright over excess supply and slack demand then we could be on the verge of a rerun of the GFC.
ANZ Banking Group is tipping the Reserve Bank of Australia to cut its cash rate by 50 basis points to a new low of two per cent within the first six months of 2015.
Wall Street stocks have dropped on a bruising day for global markets following a disappointing US retail sales report and a weak global economic forecast from the World Bank.
Wall Street stocks have closed modestly lower as worries about sliding crude oil prices overshadowed a strong unofficial start to earnings season by Alcoa.
