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  • Presses to fall silent at UK's Independent

    The UK's Independent newspaper has become the country's highest profile casualty of the news media crisis.

    Energy, banks lead Wall St rebound

    US stocks have rebounded slightly in early morning trade, with the price of US crude soaring by almost 7 per cent.

    FTSE records best day in five months

    London's FTSE 100 has ended the day 3.1 per cent higher, after falling to its lowest point since 2012 the day before.

    Aust needs broader tax conversation: RBA

    The conversation about tax reform is not broad enough as it does not address the funding issue, the Reserve Bank governor says.

    Aust shares close lower

    The Australian share market at the close on Friday.

    Rio Tinto Full Year Result 12 Feb 16

    Rio Tinto has reported a 51% drop in full year underlying earnings, in line with expectations. The focus though has been on its move away from its ?progressive dividend policy?.

    Asia closing the week on a sour note

    The tone in Asia has generally been downbeat, with Japanese equities taking an absolute bath on volumes 120% above the 100-day average.

    RBA governor's thoughts on economy

    RBA governor Glenn Stevens has been asked about all things economic in his semi-annual appearance before a parliamentary committee.

    CommSec Daily Report Friday

    Australian shares are continuing to be held back by falls in US markets (down for fifth day), European bank weakness and a 4.5 per cent slide in oil prices.

    Global stock markets plunge on Fed gloom

    A fierce sell-off gripped world markets Thursday after a warning by US Federal Reserve boss Janet Yellen over the global economy, while oil fell close to 13-year lows.

    Aust share market opens lower

    The Australian share market has opened lower heavily affected by losses in financial stocks, in the wake of big falls globally.

    Banks shouldn't hike independently: RBA

    The head of the Reserve Bank says there isn't a strong case for the country's major lenders to independently hike interest rates at the moment.
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