Oracle earnings beat Street view, shares rise

Oracle Corp <ORCL.O> reported a quarterly profit that exceeded Street projections and a 14 percent climb in sales of new software, signaling the tech spending recovery is on track as businesses shell out on big-ticket items again.

The Overnight Report: Not Hanging In There

In what seems like a delayed reaction, Wall Street took a tumble last night as fears of a fresh global slowdown grew. Dow down 145.

The Tough Mathematics Behind US Initial Jobless Claims

BTIG market strategist Mike O'Rourke explains what needs to happen in the US to start creating more jobs and bring unemployment down.

US mortgage rates hit record low

Borrowers in the US are able to secure a 30-year fixed mortgage for just 4.69% after rates hit a record low this week

Australia best for market transparency

The Australian property market is the most transparent in the world, according to a new report

Perth top for unit affordability

Perth has the most affordable units in Australia, according to new statistics

NAB takes edge off fixed rates

National Australia Bank (NAB) has joined rival lender BankWest in dropping interest on fixed products this week, despite expectations of impending rate rises this year

Wong prohibited from leaving the country

Kim Wong, Managing Director of WinTech Group, has accepted court orders that prevent him from leaving Australia until late September.

Greens accuse Forestry Tasmania of shifting products

The Greens have accused Forestry Tasmania for planning to operate a wood chipping project.

Senate urges tougher Volcker rule, with exemption

Banks would face stricter limits on risky trading and investing, but could make small investments in private equity and hedge funds under a modified "Volcker rule" backed by U.S. Senate Democrats on Thursday.

Geithner: G20 to focus on growth, confidence

Treasury Secretary Timothy Geithner said on Thursday that the Group of 20 leaders' summit should focus on both growth and fiscal responsibility to lay a foundation for stronger economic growth in the future.

H&R Block reports better-than-expected Q4 profit

H&R Block Inc <HRB.N>, the largest U.S. tax preparer, posted a better-than-expected quarterly profit, partly helped by lower operating expenses, but declined to provide a guidance.