Wall St rises on Greece hopes, commodities
US sharemarket buoyed by hopes for debt-burdened Greece; company earnings, upgrades. 4:50 AMWall St: Dow Jones jumps 2.08%; S&P 500 rises 1.90%
US wholesale inventories unexpectedly fall in Dec
Inventory-to-sales ratio hits lowest level in over two years. 3:28 AMPalmer admits errors over coal deal
Mining magnate clarifies numbers, details of Resourcehouse's multi-billion dollar deal. 2:36 AMFinancial stability the challenge: RBA
Central bank officials say policymakers need to keep a watch on asset bubbles. Feb 9UBS back to profit in Q4
Swiss bank's results beat forecast but profit marred by client withdrawals. 4:45 AMMacquarie shares fall despite profit upgrade
Shares in investment bank tumble after trading update. Feb 9Anglo American flags coal price spike
Impact of heavy rain on Qld coking coal output seen adding to global shortage. 3:45 AMLiberal party carbon scheme flawed: report
Scheme lacks incentives to drive cuts, 'good for 10 years at most'. Feb 9
- COMPANIES
Woodside in three-way talks on Browse LNG sales
Energy company seeking new buyer after PetroChina deal lapse. Feb 9SingTel says no decision on Optus float
Telco posts rise in Q3 profit, improved performance in key markets. Feb 9Toyota Australia recalling Prius
Third generation Prius models affected by software issue. Feb 9David Jones upgrades profit guidance
McInnes says retailer's dividend may rise in line with profits. Feb 9JAL to stay with American Airlines
Oneworld alliance thwarts Delta attempts to entice bankrupt carrier to SkyTeam. 3:30 AMCochlear expects stronger full-year profit
Hearing device maker posts rise in H1 profit; shares soar. Feb 9
- MARKETS
European shares fall early; financials weigh market down
EU debt issues leave investors cautious. Feb 9Aust stocks lower at close
Higher commodity prices fail to lift materials; poor session for financials. Feb 9Australian dollar closes higher on rates speculation
Investors speculate EU might help Greece with sovereign debt. Feb 9
- ECONOMY
ECB says can't bail out Greece, sees contagion risk
Euro zone policy makers say Greece must solve own economic problems. 3:11 AMUS economic growth to slow to 2.7% in Q1: poll
Economists tip US economic activity to cool; Fed Reserve may keep interest rates on hold. 3:38 AMJapan Q4 GDP growth seen most rapid in two years
Growth seen slowing as subsidies run their course; Japan govt lowers spending. 3:23 AM
The Spectators
Making over Macquarie
STEPHEN BARTHOLOMEUSZ While its outlook for the second half might be modest, Macquarie's new model is likely to produce more consistent and higher quality earnings in the future. Feb 9
Why Europe must act
KAREN MALEY The CEO of the world's biggest bond fund manager has told a Sydney audience why it is in the interests of all Europeans to solve Greece’s financial problems – unless they act, market contagion will be rapid. Feb 9
Myer's moving Target
STEPHEN BARTHOLOMEUSZ Why do Myer's results seem to have more in common with the discount retailers' than its supposed direct competitor, David Jones? Feb 9
Last chance for Australia's defence
ROBERT GOTTLIEBSEN Incoming Defence Minister John Faulkner has a last minute opportunity to save Australia's air defence from becoming next to useless – an opportunity three previous ministers have failed to grasp. Feb 9
Unleashing Optus
STEPHEN BARTHOLOMEUSZ Singapore Telecommunications looking into re-listing Optus. With the telco in top shape and outclassing its competitors in certain areas it is time it was let off the leash. Feb 9
THE DISTILLERY: Securitisation breakdown
DAVID LLEWELLYN-SMITH Securitisation can not be revived safely with just a few rule changes – one of the lessons today's commentators appear to have missed. Feb 9
Crown's house of cards?
KAREN MALEY There are signs of a rebound in earnings for Crown's Macau joint venture, Melco Crown. But with a debt covenant breach looming, management will be watching the faces of bankers more than those of punters. Feb 9
Dances with sovereign debts
MARK THIRLWELL Large increases in debts and deficits inevitably raise questions about governments' ability and willingness to pay. Feb 9
DEALS TV: Yankee bond bonanza?
MADELEINE HEFFERNAN ANZ tips a better response to US bond issues by local companies, while Liberty Global adds fuel to Austar selldown talks. Feb 9
The ace in Packer's hand
Q&A BY ISABELLE ODERBERG Growing numbers of visitors from mainland China will be a boon for the flagship casino of James Packer's Macau joint-venture, says the president of the City of Dreams casino, Greg Hawkins. Feb 9