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Newcrest hit by $6.2b in writedowns

Gold miner Newcrest says its financial result for the 2012/13 financial year will include $6.2 billion in asset value writedowns.

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Telstra helps market shrug off jobs data

The Australian share market is higher despite an unexpected number of jobs being lost in July.

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Jobs data back optimists – and pessimists

There's plenty in the latest jobs data to please both optimists and pessimists, but reality most likely lies somewhere between the extremes.

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NBN helpful for Foxtel, says Telstra boss

Telstra boss David Thodey does not see the National Broadband Network posing a problem for the Foxtel pay TV business.

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Honda to invest in engine plant, training

Car maker Honda is going to spend $US215 million expanding its Ohio plant and building two training centres, and adding about 60 jobs.

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US stocks decline for 3rd straight day

Analysts say markets are still steadying themselves after the barrage of corporate earnings and economic data releases in recent weeks.

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