Topics tagged "ASX:SGT"

The 7 Best Podcasts for Business Users

Last week you learned how to avoid gridlock during your daily commute. Of course, you can't avoid that commute altogether, which is why it's smart to make the most of time you have to spend in the car (or, for that matter, on bus, plane, train, etc.).

Sainsbury's steps up IT investment to support online growth

Sainsbury's has announced it will be investing in its IT systems to support and develop its growing online platforms.

Budget will be a test for Abbott: Wong

Finance Minister Penny Wong believes the federal budget is a test of the opposition's commitment to a surplus.

NSW to get $200m in budget for road plans

NSW will be given $200 million in the federal budget to help it plan an M4 East motorway, M5 East duplication and a tunnel linking the F3 with the M2.

Swan proud of his 'battlers' budget

Treasurer Wayne Swan says the 'battlers' budget he will hand down on Tuesday is the one he is most proud of to date.

Facebook buys mobile discovery startup

Facebook has ramped up its focus on mobile lifestyles with the purchase of "social discovery" start-up Glancee.

International financial news

Finance news in brief from around the world.

CBA executive McEwan resigns

CBA retail banking group executive Ross McEwan has resigned to take up a senior position with the Royal Bank of Scotland.

ANZ tight lipped on rate cut

ANZ has posted a record $2.92 billion first half profit but has not indicated whether it will cut its interest rates.

Facebook IPO set for May 18

The Wall Street Journal has reported Facebook is set to hold meetings with prospective institutional investors to stir interest in the company's stock.

Surplus will involve sacrifices: Evans

Federal skills minister Chris Evans says it is the right decision to bring the May 8 budget to surplus although some tough decisions were involved.

Kiwi little changed ahead of labour data

The New Zealand dollar was little changed in local trading as markets prepare for job figures to feature over the next two days.

Positive start to ASX trading for Osprey

US-based Osprey Medical says it has had strong support from institutional and retail investors in Australia.

Leighton mining wins $604m contract

Leighton Holdings' mining division wins a $604 million, three-year contract for work at BHP Billiton Mitsubishi Alliance at its Peak Downs Mine.

DuluxGroup makes $188m bid for Alesco

Paint supplier DuluxGroup says Alesco will provide new platforms for future growth.

Woodside trims stake in Browse for $2bn

Japan's Mitsubishi and Mitsui & Co will spend $US2bn buying part of Woodside Petroleum's majority stake in the Browse gas project.

Weak house prices tally with soft economy

Weakness in housing prices evident in two separate indicators on Tuesday are consistent with the weakness in much of the economy.

RBA responds to soft economy

The RBA has responded to the soft economy by cutting the cash rate, but the actions of the banks in putting their rates up prompted an outsized cut.

NZ dollar gains against Australian dollar

The NZ dollar gained some favour with investors after a larger-than-expected rate cut in Australia took the shine off the aussie dollar.

RBA cuts cash rate by 50 points

The Reserve Bank of Australia has cut the cash rate by 50 basis points at its board meeting on Tuesday.

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