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Political tensions hit dollar

THE dollar fell to its lowest level in a month, as the US greenback strengthened and Australian leadership tensions re-ignited.



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DJs eases sales decline

DAVID Jones dramatically slowed the its sales decline in the second quarter, but warned of  trading remained difficult.



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Virgin profits from Qantas strike

VIRGIN Australia said it more than doubled first-half profit as the airline benefited from strike action affecting rival Qantas.



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China faces crisis: World Bank

CHINA could face an economic crisis unless it implements deep reforms, according to the World Bank and a Chinese think tank.



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APN announces $45m loss

APN News & Media has unveiled a $45.1 million full year loss as it prepares to expand its outdoor advertising business.



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Iluka falls on soft sales outlook

ILUKA'S profit sky-rocketed on strong mineral sands pricing, but its shares tumbled today as it forecast sales could lag output.



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