US retail sales rise unexpectedly; boosts hope of sustainable recovery
February sales rise despite drop in vehicle purchases, inclement weather. 12:52 AMUS Jan business inventories unchanged
US stocks open higher after retail sales
Market adds to previous day's highs after consumer data. 2:03 AMWall St: Dow Jones jumps 0.27%; S&P lifts 0.23%
Greek economy set to shrink further
Austerity steps will prolong recession, trim yields, central bank governor George Provopoulos says. 2:19 AMEurope emergency fund on the cards
Eurogroup chairman says idea will take time to take shape; not on the agenda for upcoming meeting. Mar 12ECB's Nowotny says worst is over
Record euro zone industry output points to recovery
Lehman insolvent weeks before bankruptcy
Court examiner finds no extensive wrongdoing by investment bank; finds accounting gimmicks were used. Mar 12Fortescue raises Solomon output target
Iron ore miner puts a $9.7 billion price tag on planned two-stage expansion. Mar 12IAG cuts insurance margin guidance
Insurer receives more than 24,000 claims after severe weather. Mar 12ACCC delays decision on AXA APH bids
Competition watchdog to consider further information provided by NAB, AMP. Mar 12PM rejects claims of hospital job losses
Rudd seeks response from states and territories on hospital plan before April 11. Mar 12
- COMPANIES
KKR files for long-awaited NYSE listing
Private equity giant moves forward with effort to become publicly traded. 1:39 AMCBH Resources' shares surge after sweetened Nyrstar offer
Nystar raises offer by 44 per cent to 19.5 cents per share. Mar 12Cape Lambert shares soar on Lady Annie sale
Hong Kong investment company to buy copper mine in cash deal. Mar 12Vale proposes quarterly pricing to Japan mills
Iron ore producer joins BHP Billiton in push for quarterly pricing. Mar 12Eurofer warns against planned iron ore price hikes
FIRB approves Macarthur's Gloucester bid
Miner moves closer to acquiring Gloucester, Middlemount mine. Mar 12Lend Lease WTC class action settled
Suit alleged WTC rescue, clean-up workers were underprotected. Mar 12
- MARKETS
European shares gain by midday
Banks gain as reform talks stall; markets await US data. Mar 12Aust stocks end flat
Local sharemarket meanders in a directionless day as investors eye economic data. Mar 12Australian dollar closes higher
Local unit gains as traders eye US retail sales, consumer confidence data. Mar 12
- ECONOMY
Pressure mounts on BOJ to loosen policy
Japanese PM, finance minister ready to keep a lid on stronger yen Mar 12China official says loan growth slowdown a challenge
Assistant central bank governor says difficult to adjust credit flows. Mar 12
The Spectators
KGB TV: John Symond
KOHLER, BARTHOLOMEUSZ The founder of Aussie Home Loans says the mortgage broker plans to resurrect the Aussie-branded home loan, which has the potential to constitute up to 30 per cent of the group's business. Mar 12
A new assault by Aussie
STEPHEN BARTHOLOMEUSZ The big four banks will take John Symond's attempt to re-engineer Aussie very seriously, but can he get access to funding on competitive terms? Mar 12
RICH PICKINGS: Billionaire debutants
JAMES THOMSON The 2010 Forbes world's billionaires list is out and chock-full of fascinating Cinderella stories. But there are five new-comers we find particularly intriguing. 12:11 AM
BUSINESS CLASS: Diamond digs
SOPHIE VORRATH This week our travels take us to the real estate markets of the rich and famous, where we find abandoned New England mansions and the palace of King Leopold II – which for one Russian oligarch became a castle in the air. 12:12 AM
WEEKEND ECONOMIST: May move
BILL EVANS The RBA is still expected to raise the cash rate by 25 basis points in May, but historical precedents suggest it may be a little unnerved by the current contraction in new housing finance. 12:05 AM
EDITORS' PICKS
BUSINESS SPECTATOR EDITORS In this week's essential reading guide, Kohler plugs into the electric car debate, Gottliebsen gauges the rage of Telstra shareholders, Bartholomeusz lifts the lid on 'fail-safe' CoCo bonds and Maley questions the stability of the stock market. 12:05 AM
An unconventional dilemma
CAROLA HOYOS AND ED CROOKS, FINANCIAL TIMES Unconventional gas has been hailed as an energy industry 'game changer', but there are two problems that could prevent it from being the ultimate 'long-term energy solution'. Mar 12
Food for debate
ANDREW LEONARD America's slow-food movement has sparked debate over whether the opposition to "industrial food" is about nostalgia, or a response to growing health and environmental problems. 12:05 AM