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RBA not cutting cash rate for a while

The Reserve Bank of Australia hasn't ruled out more interest rate cuts but the next one may not come until Melbourne Cup day.

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US stocks drop again in light volume

The Dow Jones Industrial Average dropped 70.73 (0.47 per cent) to 15,010.74 on Monday.

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Australian shares finish flat

The Australian stock market is slightly lower as big companies go ex-dividend ahead of the release of BHP Billiton's profit report on Tuesday

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Aluminium giant Rusal posts net loss

The Russian aluminium giant, which is listed in Hong Kong, said revenue for the six months to June 30 fell 8.8 per cent year on year to $US5.2 billion.

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Baby boomers boost Challenger’s profit

Record inflows into its annuities and funds management businesses has helped Challenger post an almost tripling of its net profit.

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New car sales economy’s ‘shining light’

New car sales fell last month but remain stronger overall thanks to the high Australian dollar and competitive car prices.

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