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Business News / Afternoon Edition
Business News       Markets       Quotes       Money       Innovations       Small Business       Executive Style
Thursday, 12 June 2008
Babcock nears meltdown Michael West Babcock management is preoccupied with surviving, plugging holes everywhere in the group's constellation of satellites.  
All Ordinaries at 3:01 PM EST, 12 Jun 2008 5449.6- 112.3(- 2.02) Charts & index detail | Top Movers | More indices
Around the market at 3:01 PM EST, 12 Jun 2008
Nasdaq 2394.01 - 54.93 - 2.24%
CAC 48.06 + 0.0 + 0.0%
Hang Seng 22809.93 - 517.67 - 2.22%
NZX 3440.93 - 46.5 - 1.33%
More market data, foreign exchange, share prices
Business Update More Business
Surprise slump for jobs Job queue Australia's economy shed jobs in May, relieving pressure on the Reserve Bank to raise interest rates further to chill demand.

BHP shuts nickel plant, price soars BHP Billiton's decision to shut down a WA nickel refinery drives its shares down and the nickel price up.

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Market News More Market News
ASX : Stocks hit 2-month low Australian sharemarket Financial firms lead losses on concerns about more credit-related losses and as inflation worries grow. Wall Street : Stocks sink on rate rise fears Stocks retreat as banks and transportation companies plunge on speculation that faster inflation will force central banks to raise rates. Oil steadies, but fear rises Oil steadies after a spike of more than $US5 pushed prices closer to last week's record high.
Columnists More Columnists
Ian Verrender: : Foster's board kept the glass too full Ian Verrender 2008-01 It's taken years for Trevor O'Hoy to discover what most of us learned as teenagers: that it is dangerous to mix your drinks. Jobs data makes life easier for RBA The sky is not falling on Australia's labour market, but a cutback in the number of workers is a sign the Reserve Bank has done enough for now.
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Today's Top 5 Business Articles
  1. Babcock nears meltdown
  2. Toyota wins subsidy for Altona-built hybrid
  3. B&B in freefall as woes mount
  4. Gold rises as US dollar softens
  5. Ford calls urgent meeting as demand slows

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