Finance news you need to know today
SUNCORP says it has finalised over half the claims lodged by its customers after Cyclone Debbie, and more than 1500 home repairs have been completed.
SUNCORP says it has finalised over half the claims lodged by its customers after Cyclone Debbie, and more than 1500 home repairs have been completed.
GERMANY has stepped up its campaign against organised crime by spending $7.5 million to buy the so-called Panama Papers.
WOOLWORTHS’ sales turnaround is likely to happen at a faster pace than the market expects, analysts at investment bank UBS say.
THE cooling of the housing market in China will weigh on the economy during the second half of the year, credit rating agency Fitch warns.
BRITAIN will withdraw from an agreement that allows some other European countries to fish off its coast as it “takes back control” of fishing policy.
HUNDREDS of striking Greek sanitation workers have ended a 10-day strike as steaming mountains of garbage piled up across the country.
FACEBOOK is deleting about 66,000 posts a week as the social media giant cracks down on what it considers to be hate speech.
FISHING fleets dump about 10 per cent of the fish they catch back into the ocean in an “enormous waste” of low-value fish, scientists say.
BARNABY Joyce is telling European officials that Australia is not out to exploit Brexit or flood their markets with agricultural products.
THE banking lobby has slammed a surprise bank levy announced by the South Australian government, labelling it an “outrageous cash grab”.
YOWIE Group has again slashed its full-year revenue growth forecast despite exceeding expectations in its return to Australian supermarkets.
HOME prices across Australia’s capital cities have risen an average of 10.2 per cent in the year to March 2017, driven by Sydney’s strong property market.
PROPERTY prices have ticked slightly higher across most of Australia’s capital cities, although the auction clearance rate has stayed below 70 per cent.
THE grocery industry has been rocked by Amazon’s announcement that it will buy Whole Foods in a deal valued at about $18 billion.
CREDITORS of the embattled Ten Network will meet for the first time with administrators in Sydney within a fortnight as takeover rumblings continue.
THE communications union says Telstra workers were “ambushed” by the telco’s shock announcement that it will sack 1400 employees.
SPRINT has been fined $10,800 for allegedly tricking a consumer into believing it was an agent for Telstra and transferring them to its own service.
RAPPER and music producer Sean “Diddy” Combs has been named the world’s highest-paid entertainer, ousting pop singer Taylor Swift.
CYCLONE Debbie caused a sharper than expected fall in coal exports in April, which is likely to weigh on Australia’s economic growth.
UNITS in Murray Goulburn’s listed trust are at a fresh all-time low as investors continue to digest the dairy processor’s vaguely worded announcement.
BRITISH Foreign Secretary Boris Johnson sees no reason to cancel Donald Trump’s state visit to Britain for criticising London Mayor Sadiq Khan.
PRICE gains of Toronto homes slowed slightly in May in the wake of new housing rules aimed at cooling the market in Canada’s largest city.
THERESA May’s government says income tax would not rise for high earners in an apparent new promise to voters less than a week before the UK election.
US PRESIDENT Donald Trump has challenged Australia and other nations to come up with a better climate deal than the Paris accord.
SINGAPORE is now the world’s most digitally competitive country, according to an inaugural World Digital Competitiveness ranking.
GREECE denies a German newspaper report claiming it is considering opting out of receiving more bailout money if lenders can’t not agree on debt relief.
THERESA May says she’s ready to walk away from Brexit negotiations without a deal with the European Union if the agreement isn’t good enough.
GERMAN Chancellor Angela Merkel has urged European Union nations to stick together in the face of emerging policy divisions with the US.
PRESIDENT Donald Trump is asking Congress for $2.1 billion to begin building a wall along the border with Mexico.
DONALD Trump may “surprise” people when it comes to acting on climate change, says former vice president and environmental crusader Al Gore.
Original URL: https://www.news.com.au/finance/markets/world-markets/page/33