Business

Monday, May 20th, 2013

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Low rates can't lift NAB

Offering lower interest rates has done little to lift NAB’s satisfaction rating among business customers.

Westpac drops fixed rate

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New Xbox set for release

Software giant Microsoft is set to launch the next generation Xbox console later this week.

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WA's economic party is over

$2b hit to State's income forecast paints grim picture. 02:40 am

Related:: Budget slowdown; Business blamed; Frontline fears

Apex's $50m Wiluna sale canned

Gold miner cancels sales deal after buyer fails to make payment to extend due diligence. 10:38 am

Austal set to deliver second JHSV

US Navy completes acceptance trials for USNS Choctaw County ahead of delivery in June. 09:48 am

Viento wins $15.4m FMG contract

New contractor to build tailings storage facility for Solomon iron ore project. 09:22 am

Market up firmly mid-session

Banks and miners lead the broader market higher mid-session on strong US lead. 10:20 am

WA Business

Apex's $50m Wiluna sale canned

Shares in Apex Minerals fell sharply after it announced the planned $50 million sale of its flagship Wiluna gold mine to Everprosperity Investment had… 26 minutes ago

Iconic Wino's changes hands 1 hour, 5 minutes ago
Austal set to deliver second JHSV 1 hour, 16 minutes ago
Stella Bella cleared for take off 1 hour, 41 minutes ago
Viento wins $15.4m FMG contract 1 hour, 43 minutes ago

National

Apex's $50m Wiluna sale canned

Shares in Apex Minerals fell sharply after it announced the planned $50 million sale of its flagship Wiluna gold mine to Everprosperity Investment had… 26 minutes ago

$A taking a breather 38 minutes ago
Market up firmly mid-session 45 minutes ago
Aust stocks higher at noon 48 minutes ago
Leighton set to name new board members 48 minutes ago

World

On fleeting Hong Kong trips, Chinese make frugal fashionable

By Donny Kwok and Lavinia Mo HONG KONG (Reuters) - Armed with empty suitcases and same-day return tickets, an army of mainland Chinese is… May 20, 2013, 8:14 am

Britain backs push for alternative small firm funding sources May 20, 2013, 8:08 am
Britain's Cameron makes personal plea to tax havens May 20, 2013, 7:11 am
Analysis - Little sign Abe can shake up Japan's inbound FDI May 20, 2013, 5:26 am
Yahoo's board approves Tumblr acquisition - WSJ May 20, 2013, 4:35 am

Technology

Yahoo! to buy blog-maker Tumblr for $1.1 bn: report

Yahoo!'s board has approved a deal to purchase the popular blogging platform Tumblr for $1.1 billion in cash, it has been reported. May 20, 2013, 4:38 am