Latest Finance News



No date to resume NBN work: Thodey

Telstra chief executive David Thodey says he does not know when work will resume on remediation of asbestos-affected telecommunications pits. However, Mr Thodey said he is not concerned about delay..

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Tokyo stocks close down 1.74 per cent

Tokyo stocks fell 1.74 per cent on Thursday after US Federal Reserve chairman Ben Bernanke said the bank could start reeling in its massive stimulus later this year, while weak Chinese manufacturing d..

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Government extends Tabcorp’s licence

The NSW government will extend Tabcorp's exclusive retail wagering licence until 2033.Racing Minister George Souris on Thursday announced the state government had reached an in-principle agreement wit..

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Fed likely to slow bond-buying program

Chairman Ben Bernanke has ended weeks of speculation by saying the Federal Reserve will likely slow its bond-buying program later this year and end it next year because the economy is strengthening.Th..

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US stocks open 1 per cent lower

US stocks sank more than 1 per cent early on Thursday, hit by a China-driven global markets sell-off and the Federal Reserve's announcement that it could begin slowing its QE stimulus this year.Five m..

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