Westpac CEO Gail Kelly reports a good 2013 and expects a better year for 2014. Westpac is set to increase its focus on growth for 2014, as it looks forward to another record making profit season.
Sectors
British employer group recommends retention of EU membership
The Confederation of British Industry said they are campaigning for a reformed European Union for British interests.
Nine Network to do IPO at the ASEX
The Australian Securities Exchange would be the venue for the IPO of Nine Network. The firm that owns Nine Network would start trading on the Australian Securities Exchange by December 6.
American Airlines, US Airways Group need to divest to get merger approval- source
US antitrust regulators would like American Airlines and the US Airways Group to agree to concessions before giving their stamp of approval for the merger.
Whitehaven's future assured - Chairman
Whitehaven Chairman Mark Vaile said the future of the mining company is assured with the two mines it is preparing to go online.
Latest News
The president of the Federal Reserve Bank of Dallas has called out the US leadership on its continued gridlocks in a speech held in Sydney, Australia.
Centrica decided to scrap plans for £2 billion wind farm unless the government subsidies to be given will be significantly increased.
A consortium led by Chinalco was shortlisted to bid for Glencore Xstrata's copper mine in Peru, a Chinalco executive said.
KT Corp said the mobile operator's CEO Lee Suk Chae offered to resign from his post after a raid was conducted on the firm's headquarters and his home.
With two mainland China IPOs oversubscribed, consumer confidence indicates greater trust in new IPO shares.
Woori Finance Holdings Co.'s share values fell by nearly 3% to KRW12,000 per share. The share values of Woori Finance Holdings dropped to its lowest levels in nearly a month.
A CNBC report said that SAC Capital Advisors would plead guilty to securities fraud charges and pay a fine of USD 1.8 billion.
Shares of Chinese technology companies remained high despite fraud allegations of NQ Mobile. A Bloomberg report said that fraud allegations hurled against NQ Mobile did not affect other Chinese companies.
Tri Pointe Homes Inc. approached the final stage of closing a $2.7 billion deal to buy Weyerhaeuser Co's homebuilding unit.
