More Media Woes
Tough times continue for some of the world’s biggest media companies.
Read MoreKirin Bids For The Rest Of Lion
Everything in Japan is contracting: car sales and production, TV sets. The only thing growing is government debt.
Read MoreStockland Cuts Payout
Stockland sent a shiver through the property sector yesterday with another sharp downgrade involving more than $400 million in new asset impairment charges and lower profits.
Read MoreTimbercorp Broke
Agribusiness Timbercorp Ltd has appointed voluntary administrators eight days after revealing it has a huge debt burden and not much chance of escaping it.
Read MoreOZ-Santos-Newcrest
The Federal Government has approved the new deal by Minmetals from China to buy most of the mines owned by struggling OZ Minerals for around $A1.6 billion ($US1.2 billion).
Read MoreDiary: Aussie CPI, US Earnings
Figures here, figures there: it’s another solid week in the data flow for the economy, as well while in America where there’s a flood of quarterly results and figures that could very well swamp the rebound that continued for a sixth week last week.
Read MoreChina Slowing, Government Spending Soaring
The Chinese Government and leadership continue to talk up the quick impact of its $US585 billion stimulus package amid news that the economy slowed again in the March quarter.
Read MoreDamage Toll Rises From Slump
Some of Australia’s industrial success stories of the past decade are losing their gloss as the global credit crunch and recession hits industries and regions in Australia and across the globe.
Read MoreWatch The Oil Market
Still think the global economy will be turning over the next year?
Read MoreTimbercorp In Trouble
Timber and management investments group, Timbercorp is facing a questionable future unless it can renegotiate over half a billion dollars of loans to get a better deal from its lenders.
Read MoreBanks Silly As They Treat Us Badly
Here’s a message for all those out there who are silly enough to think that banks are not being self-interested by screwing homeowners and personal customers whenever they can.
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