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  1. Remittance firms sue Australia's Westpac as banks shun money transfer firms

    Headlines

    Thu, 27 Nov 2014

    SYDNEY, Nov 28 (Reuters) - An Australian court case is set to throw a spotlight on a steady retreat by Western banks out of the $435 billion global remittance business, a trend that threatens to erode the livelihoods of hundreds of millions of the world's poor.

  2. Australian shares seen flat weighed by falling oil prices .AXJO .NZ50

    Headlines

    Thu, 27 Nov 2014

    SYDNEY, Nov 28 (Reuters) - Australian shares are poised for a flat start on ..... 5,400.90 at close on Thursday. New Zealand 's benchmark NZX 50 index gained 4 ..... in early trade. The Reserve Bank of Australia w

  3. Private equity funds see promise in Australia's battered mines

    Headlines

    Thu, 27 Nov 2014

    * Private funds look for bargains in struggling mining sector

  4. E.ON about to sell Spanish assets for 2.5 bln euros-WSJ

    Headlines

    Thu, 27 Nov 2014

    BERLIN, Nov 27 (Reuters) - German power utility E.ON SE is on the brink of a deal to sell its Spanish operations for 2.5 billion euros ($3.12 billion) to Australian infrastructure investor Macquarie...

  5. Australian extradited to U.S. in Silk Road online drugs bazaar case

    Headlines

    Thu, 27 Nov 2014

    SYDNEY, Nov 27 (Reuters) - Australia has extradited a man to the United States to face trial for alleged involvement in Silk Road, a website where people bought illegal drugs like heroin using...

  6. Fitch Affirms National Australia Bank Limited's Mortgage Covered Bonds 'AAA'; Outlook Stable

    Headlines

    Thu, 27 Nov 2014

    following statement was released by the rating agency) SYDNEY, November 27 (Fitch) Fitch Ratings has affirmed National Australia Bank Limited's Mortgage's (NAB, 'AA-'/Stable/'F1+') AUD17.4bn of outstanding mortgage covered bonds at 'AAA

  7. Australian shares held back by energy sector as oil slides

    Headlines

    Thu, 27 Nov 2014

    SYDNEY, Nov 27 (Reuters) - Australian shares ended flat on Thursday with gains in banking stocks mostly offset by losses in the energy sector as brent crude fell to a four-year low.

  8. FOREX-Dollar dips versus yen, Aussie climbs on upbeat data

    Headlines

    Wed, 26 Nov 2014

    * Decline in yields after lacklustre US data weighs on dollar

  9. Australia proposes tougher rules on foreign home buyers

    Headlines

    Wed, 26 Nov 2014

    SYDNEY, Nov 27 (Reuters) - Australia could tighten rules on foreign purchases of housing, including tough new penalties for avoidance, under proposals by a government-backed inquiry on Thursday.

  10. Australia shares flat, held back by energy sector

    Headlines

    Wed, 26 Nov 2014

    SYDNEY/WELLINGTON, Nov 27 (Reuters) - Australian shares hovered at one-week highs on Thursday thanks to gains in the major banks, but losses in the energy and mining sectors kept a lid on the overall market.

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