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  • Westpac weighs on Aust shares

    Westpac's disappointing half-year earnings result has triggered a sell-off among the major banks to pull the wider share market into the red.

    Westpac Bank shares savaged as interim profit inches up

    Australian banking heavyweight Westpac posted a three percent rise in interim net profit Monday as it battles regulatory changes and rising bad loans, disappointing investors who savaged the share price.

    Aust shares close

    The Australian share market at the close on Monday

    French PM vows to supervise Australian sub deal himself

    A mega deal to build Australian submarines was so important, French Prime Minister Manuel Valls said Monday, that he pledged to personally supervise the project as Paris and Canberra bolster defence ties.

    RBA preview: rates on hold for now

    The market pricing for a 25 basis point cut by the Reserve Bank of Australia (RBA) at their meeting tomorrow is currently sitting at 55%.

    CommSec Daily Report Monday

    Local shares staged a strong retreat in morning trade on Monday following losses for US and European markets at the weekend.

    Halliburton, Baker Hughes call off merger

    US oil services companies Halliburton and Baker Hughes announced Sunday they were calling off their massive multibillion-dollar proposed merger that had met strong resistance from regulators.

    Westpac Bank interim profit up in volatile environment

    Australian banking heavyweight Westpac posted a three percent rise in interim net profit Monday despite a volatile environment at a time of regulatory changes and bad debt fears.

    Banks lead Aust market lower

    The Australian share market has opened sharply lower as a disappointing earnings report from Westpac weighs on the financial sector.

    Rate cut tipped despite firm conditions

    The Reserve Bank is expected to slash rates on Tuesday despite business confidence and conditions looking healthy.

    Manufacturing expands despite higher $A

    Although the Australian dollar has appreciated in recent months it's still supporting manufacturing growth, albeit at a slower pace.

    Slater shares jump on debt restructure

    Struggling law firm Slater and Gordon's lenders have agreed to a restructure of its debt facilities after imposing new conditions.
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