IMF leads push for bigger firewall

IMF leads push for bigger firewall

International Monetary Fund chief Christine Lagarde led a global push for the euro zone to boost its financial firewall, saying "if it is big enough it will not get used".

Security scare: PM details adviser’s role

Security scare: PM details adviser’s  role

Updated | Prime Minister Julia Gillard says her former media adviser Tony Hodges did not say or suggest that Opposition Leader Tony Abbott had called for the Aboriginal tent embassy to be torn down.

UK police arrest Murdoch tabloid staff, raid offices

UK police arrest Murdoch tabloid staff, raid offices

British police arrested four current and former staff of Rupert Murdoch's best-selling Sun tabloid plus a policeman on Saturday as part of an investigation into suspected payments by journalists to officers.

Woman found dead at Alan Bond's house

The body of a woman, believed to be the wife of former high-flying businessman Alan Bond, has been found at their home in the Perth beachside suburb of Cottesloe.

RBS chairman waives bonus amid payout row

RBS chairman waives bonus amid payout row

The chairman of the state-rescued Royal Bank of Scotland has waived a shares bonus worth 1.4 million pound ($2.08 million) amid a row over executive pay.

Treasurer defends car handouts

Treasurer Wayne Swan is rejecting arguments that the government is using the high dollar as a scapegoat for car industry job losses and low productivity.

Thomson inquiry focuses on trio

The minority federal government will head back to Parliament under the cloud of an investigation into the finances of the HSU which is considering making adverse findings against three individuals.

Carbon price no problem

Carbon price no problem

The federal government’s former climate change adviser Ross Garnaut has dismissed concerns the price of carbon in Australia will be too high.

Markets Today

Late buying helps Wall Street finish flat

US stocks trimmed losses to end little changed on Friday, as investors saw dips in the market as an opportunity to buy into what has been a strong first month of 2012.

Facebook to file IPO papers within days: WSJ

Updated | Facebook is preparing to file the paperwork for an initial public offering of shares to raise as much as $US10 billion, perhaps as early as Wednesday, a report says.

What Kloppers knows

What Kloppers knows

Cyber attacks against businesses are becoming more prevalent and it is time CEOs and board members started taking more responsibility.

Call for overhaul of Queensland’s planning laws

Leading company chairman Graham Bradley has called on the Bligh government to streamline approvals for mining projects to ensure Queensland makes the most of the resources boom.

Mr 58 per cent

Mr 58 per cent

As an independent, Evergreen Capital is free to benefit from both share price rises and falls.

Take control: it’s your super

Take control: it’s your super

If you want to make your money work as hard as you do, learn to understand your super fund and its investment options so you know why and when to change them.

Chanticleer

Back door swings wide open

Chanticleer

The long-term hibernation of the initial public offering market in Australia is likely to lead to greater use of back-door listings as well as increased complexity in the structuring of merger and acquisition deals.

Waiting for the call

Waiting for the call

A sharemarket that is not going anywhere plus a new generation of investors who prefer to get it from the internet are threatening the life of the full service broking companies.

The politics of the deal

The politics of the deal

How did small Australian explorer Nexus Energy find itself launched into one of the biggest of the big-time underwater drilling ventures?

Markets Summary

Change % Chg
S&P/ASX 200 4288.4 17.1 + 0.40%
Dow Jones 12660.46 - 74.17 - 0.58%
FTSE 100 5733.45 - 61.75 - 1.07%
SPI 200 MAR2 4255.000 5.000 + 0.10%
AUD/USD 1.0655 0.0000 + 0.00%

Markets Data »

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The Financial Review is on Facebook

The Financial Review is on Facebook

Discuss the latest in local and international economic, business, markets and political news with Financial Review readers on Facebook.

Resources Daily

The unhappiest ship in the ASX fleet

The unhappiest ship in the ASX fleet

If there is a competition for the unhappiest ship in the ASX fleet, Pierpont will nominate Altius Mining for the title.

DealBook

Inside the deal

How FLSmidth courted Ludowici

How FLSmidth courted Ludowici

This week saw Danish world No. 1 Caroline Wozniacki bow out of the Australian Open, but another Danish force, the engineering group FLSmidth, hoped it delivered an ace with its bid for Australia’s Ludowici.

No method in magic circle merger mania

No method in magic circle merger mania

Opinion | The reason that global law firm monsters are setting up shop in Australia is simply that everyone else is doing the same thing, writes Michael Bradley.

Business

China keenly eyeing Browse gas

China keenly eyeing Browse gas

Chinese oil companies are lining up to make a $10 billion commitment to Woodside Petroleum’s massive Browse liquefied natural gas project in Western Australia, despite the uncertainty hanging over the venture’s development.

National

Woman found dead at Alan Bond's house

The body of a woman, believed to be the wife of former high-flying businessman Alan Bond, has been found at their home in the Perth beachside suburb of Cottesloe.

Film | Chekhov in Hawaiian shirts

Film | Chekhov in Hawaiian shirts

The Descendants  is a low-key film about human relationships that could have toppled into sentimentality with only the smallest nudge from director Alexander Payne.

Newman faces difficult slog

Newman faces difficult slog

The real battle in this year’s Queensland election started in Ashgrove on Thursday where first-time state candidate Campbell Newman defended himself against suggestions he would pork barrel the key electorate.

World

RBS chairman waives bonus amid payout row

RBS chairman waives bonus amid payout row

The chairman of the state-rescued Royal Bank of Scotland has waived a shares bonus worth 1.4 million pound ($2.08 million) amid a row over executive pay.

Karzai, British PM sign Afghanistan deal

Afghan President Hamid Karzai and British Prime Minister David Cameron on Saturday signed an agreement on the future of Afghanistan aimed at bringing stability to the country after the withdrawal of international troops in 2014.

Japanese hit by first trade deficit in 32 years

Japanese hit by first trade deficit in 32 years

Japan’s pride in its export sector has suffered a dent after trade figures for 2011 revealed that a collapse in sales to Europe coupled with the after-effects of the tsunami on the east coast created the country’s first deficit in 32 years.

Markets

Coca-Cola puts some zest in capital markets

Coca-Cola puts some zest in capital markets

CBA’s and Westpac’s $6.6 billion in covered bonds have been the focus of the capital markets over the last two weeks, but the big banks are not the only ones to diversify their funding sources

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Property

Housing a blight on US economy

Housing a blight on US economy

It took about 40 minutes of questioning from Washington’s financial journalists this week before Ben Bernanke was asked about the cancer at the heart of the US economy.

Personal finance

Award default funds under scrutiny

Award default funds under scrutiny

A quarter of the most prominent superannuation schemes in the industrial awards system have underperformed the industry average over the past seven years, putting pressure on the Productivity Commission to recommend the introduction of criteria for the selection of default funds.

Position yourself to weather storms

Position yourself to weather storms

In this uncertain environment the prudent investor is seeking insulation from volatility.

Marketing & Media

DSK's wife launches Le Huffington Post

DSK's wife launches Le Huffington Post

Anne Sinclair has stepped back into the spotlight, this time with Le Huffington Post, the made-in-France version of the news website

Lifestyle

Good Mornington

Good Mornington

A private domain in a quiet hamlet on the Mornington Peninsula has obvious appeal.

Life in the slow lane

Life in the slow lane

Other cities are hoping to emulate the success of Melbourne’s backstreets.

Swish watches on the money

Swish watches on the money

Financial Review watch editor reports from the year’s first fair in Geneva.

Carbon copy of a savage beast

Carbon copy of a savage beast

The Lexus LFA is a limited-run terror or a glimpse of a roaring supercar to come.