Australian stocks shook higher in early Wednesday trading, with the S&P/ASX 200 up 0.5% an hour into the session thanks in large part to the big banks, among the most heavily weighted components on the benchmark.
Nine years ago, Roland Santiago earned $120,000, paid a mortgage on a house and drove a luxury car. Now, he's collecting unemployment while he looks for a job that will cover rent at an apartment and other living expenses.
SYDNEY The euro remained on the defensive in Asia on Wednesday as Greece became the first developed economy to default on a loan with the IMF, setting the scene for another day of uneasy action in markets.
PHIL Knight, a middle-distance runner who partnered with his university athletics coach to launch one of the most successful and recognisable brands in the world, has announced plans to step down as Nike chairman.
BEIJING Activity in China's factory sector expanded slightly in June though not as much as expected, while growth in the services sector picked up, official surveys showed, offering some signs that the world's second-largest economy may be starting to ...