MINERS dragged down Australian shares this afternoon amid fears iron ore prices will fall sharply next year......»»

THE Reserve Bank cut interest rates by 75 basis points today, reducing borrowing costs to the lowest level in more than five years......»»

KEY Australian credit markets today thawed to levels not seen since before the collapse of US investment bank Lehman Brothers......»»

JAMES Hardie Industries has suspended production at two US plants due to further deterioration in the American housing market......»»

BRAZILIAN mining giant Vale said it will not reduce the price of its iron ore to push sales volumes higher......»»

OIL prices fell sharply in New York on signs a widening economic slowdown may freeze growth in petroleum demand next year......»»

US auto sales deteriorated further in October as General Motors warned the industry was on track for its worst month in 25 years......»»

THE eurozone economy was now in recession and would remain at a standstill for most of next year, the European Commission said......»»

PEPSI will spend $1.5 billion in China over the next four years, its largest investment so far in one of its fastest-growing markets......»»

BABCOCK & Brown Infrastructure Group has sold 50 per cent of its stake in the New Zealand operations of its Powerco subsidiary......»»

THE British government has created a company to manage the 37 billion pounds ($86 billion) bank bailout plan......»»

WORLD equity markets lost an estimated $US5.79 trillion ($8.6 trillion) during October, the biggest monthly loss ever......»»