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  • CommSec Daily Report Tuesday

    The Australian market is firmly in the red at lunch and is having its worst day in a fortnight following weakness across US sharemarkets overnight.

    Ex-IMF boss Rato on trial over bankers' luxury sprees

    Former IMF chief Rodrigo Rato went on trial Monday accused of overseeing a "corrupt system" that helped him and other executives misuse millions when he was the boss of a major Spanish bank.

    China's Wanda in talks to buy Golden Globes producer

    Chinese conglomerate Wanda is considering ramping up its push into Hollywood with the acquisition of the production company behind the Golden Globes, the US firm said Monday.

    Internet multi-tasking on the rise

    Internet usage is rising across Australia, with more time being spent working and socialising online, according to a new survey.

    Cover-More to buy US business for $138m

    Travel insurer Cover-More is buying US-based Travelex Insurance Services for $138 million, and will fund the purchase through a $73.3 million equity raising.

    Aust shares slide as financials weigh

    The Australian share market is down more than one per cent as financials lose ground reflecting the trend on Wall Street.

    21st century themes: The blockchain

    Three years ago, a little-known digital currency called Bitcoin erupted on a bull-market run that boosted its value from around US$15 (A$20) a coin to just under US$1,000 in 12 months.

    Flight Centre buys Europe travel agency

    Flight Centre has expanded its presence in Europe further after buying the corporate business of online travel agency eDreams ODIGEO.

    Global stocks falter as US presidential debate looms

    Deutsche Bank's woes and the looming first debate between battling US presidential candidates Donald Trump and Hillary Clinton helped send global markets broadly lower Monday.

    US hits Chinese firm with sanctions over N. Korea trade

    The United States moved to tighten the economic noose around North Korea Monday, charging and sanctioning a firm owned by a prominent Chinese businesswoman for extensive trade ties with the regime.

    Stocks to watch

    Stocks of interest on the Australian share market

    Rio Tinto to buy back up to $US3b debt

    Mining giant Rio Tinto plans to buy back up to $US3 billion of its bonds as part of an ongoing capital management program.
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