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Latest News

Commodities: Crude rises on supply concern

US crude rose on its first day of trading in 2009 on concern about disruptions to energy supplies.

FX round-up: Dollar makes headway

The dollar started the year on strong footing, making headway against most major currencies as traders returned after the New Year holiday.

Asia: Nikkei settles above 9,000

The Nikkei rallied over 2% Monday, in a half day session in Tokyo, with exporters Honda, Toyota and Nintendo bagging big gains on optimism for the year ahead.

Construction sector ends '08 at new low

Britain's construction sector ended 2008 in a poor state as affordability pressures and tight lending conditions continued to hit housebuilders hard.

Woolworths last stores given extra day

The 200 Woolworths stores that have not already been shut will be kept open a day longer than planned, the demised retail chain's administrator Deloitte has said.