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Stocks to watch on Thursday

Stocks of interest on the Australian Securities Exchange on Thursday

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AirAsia plans a new carrier to compete against Qantas

AirAsia chief executive officer Tony Fernandes is planning to start a new regional airline to compete with Australian carrier Qantas, a news report says.

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Aussie shares end 1% firmer

Australian shares gained 1% as markets focused on Italy and stronger commodity prices prompted local investors to buy mining stocks.

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Viridian thorn in CRS’s side

CSR conceded its acquisition of Viridian may be a dud after the struggling glass division dragged down its first half earnings.

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Murdoch takes back the News Ltd chairmanship

Rupert Murdoch has taken back the chairmanship of News Ltd in a shakeup that includes the resignation of long-time boss John Hartigan.

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Consumer confidence rising

Consumers are looking more confident after last week's interest rate cut by the Reserve Bank of Australia, a survey finds.

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