EXCLUSIVE The day crises proved too much
DAMON KITNEY HE'S been called the most powerful Australian banker in the world, managing more than $600 billion in assets.
DJs fears merger talk
![Stephen Bartholomeusz](https://swap.stanford.edu/was/20100322163935im_/http://resources0.news.com.au/images/2012/11/13/1226516/186724-stephen-bartholomeusz.gif)
STEPHEN BARTHOLOMEUSZ LESS surprising than DJs' disclosure that it was approached by Myer is its admission that it quickly rejected the overture. Business Spectator
Board needs to sort out the mess
![Jamie Durie](https://swap.stanford.edu/was/20100322163935im_/http://resources1.news.com.au/images/2013/06/13/1226224/292113-jamie-durie.gif)
John Durie YESTERDAY'S truce between DJs chair Peter Mason and chief Paul Zahra, does not change the need for a more sustainable solution. John Durie
Get real and get out of comfort zone
![Peter Switzer](https://swap.stanford.edu/was/20100322163935im_/http://resources3.news.com.au/images/2011/10/15/1226167/197883-peter-switzer.jpg)
PETER SWITZER WE all need to get real about costs and productivity, and get out of our comfort zone. Opinion
Business Opinion
The truce between DJs' chairman and its CEO does not change the need for a more sustainable solution
YESTERDAY'S truce between DJs chair Peter Mason and chief Paul Zahra, does not change the need for a more sustainable solution.
The Abbott government has shown courage and consistency, but it needs to build policy coherence
THE Abbott government has shown courage and consistency, but it needs to build policy coherence.
We all need to get real about costs and productivity, and get out of our comfort zone
WE all need to get real about costs and productivity, and get out of our comfort zone.
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Why DJs rejects Myer
![](https://swap.stanford.edu/was/20100322163935im_/http://content5.video.news.com.au/NDM_-_The_Australian/274/204/2433953478_promo215404024_152x86_2433954210-hero-thumb.jpg)
Myer approached David Jones in October last year with an offer to merge. What was the rationale?
3:09Crisis talks begin over SPC funding
![](https://swap.stanford.edu/was/20100322163935im_/http://content5.video.news.com.au/NDM_CP_-_Sky_News/274/191/2433940078_promo215396781_100x75_2433940144-thumb.jpg)
Victoria's premier is holding crisis talks in Shepparton after the government rejected pleas for a bailout.
1:15CommSec US Mid-session Report: Nice turn around in the US
![](https://swap.stanford.edu/was/20100322163935im_/http://content5.video.news.com.au/NDM_-_news.com.au/274/160/2433908045_promo215383761_152x86_2433908266-hero-thumb.jpg)
US sharemarkets rebounded again on Thursday in response to positive economic news and earnings figures.
2:26Government stands by SPC decision
![](https://swap.stanford.edu/was/20100322163935im_/http://content5.video.news.com.au/NDM_CP_-_Sky_News/274/180/2433929059_promo215390550_100x75_2433928868-thumb.jpg)
The Abbott government is standing by its decision not to grant $25 million to fruit processor SPC Ardmona.
1:45Sponsored Links
DJs investors call for Myer vote
![Myer David Jones](https://swap.stanford.edu/was/20100322163935im_/http://resources1.news.com.au/images/2013/01/30/1226309/016597-myer-david-jones.jpg)
Rebecca Urban INVESTORS in David Jones have called for a $3 billion merger proposal from Myer to be put directly to shareholders.
EXCLUSIVE Mitsui shifts focus to agribusiness
![Argibusiness](https://swap.stanford.edu/was/20100322163935im_/http://resources0.news.com.au/images/2011/02/01/1225998/323092-argibusiness.jpg)
ROWAN CALLICK THE top priority for Mitsui's massive investments in Australia is starting to shift from resources to agribusiness.
EXCLUSIVE The day crises proved too much
![The day crises proved too much](https://swap.stanford.edu/was/20100322163935im_/http://resources0.news.com.au/images/2014/01/31/1226815/312916-140201-b-john-fraser-ubs.jpg)
DAMON KITNEY HE'S been called the most powerful Australian banker in the world, managing more than $600 billion in assets.
ASX 200 Top Gainers & Losers
Company Name | Price | Change | %Change | |
---|---|---|---|---|
Sirius Resources NL | 219.00 | +11.00 | UP | +5.2885% |
Sandfire Resources NL | 581.00 | +22.00 | UP | +3.9356% |
Sandfire Resources NL | 581.00 | +22.00 | UP | +3.9356% |
Seven West Media Limited | 219.00 | +7.00 | UP | +3.3019% |
Magellan Financial Group Limited | 1128.00 | +36.00 | UP | +3.2967% |
Karoon Gas Australia Ltd | 321.00 | -23.00 | Down | -6.6861% |
Karoon Gas Australia Ltd | 321.00 | -23.00 | Down | -6.6861% |
Lynas Corporation Limited | 28.50 | -2.00 | Down | -6.5574% |
Lynas Corporation Limited | 28.50 | -2.00 | Down | -6.5574% |
PanAust Limited | 163.50 | -5.50 | Down | -3.2544% |
12:00AM AEDT
Investors nervous as Dow slides 0.9pc
![Investors nervous as Dow slides 0.9pc](https://swap.stanford.edu/was/20100322163935im_/http://resources0.news.com.au/images/2014/02/01/1226815/527384-06050faa-8ad0-11e3-8f28-96b14e4a5093.jpg)
10:21AM Matt Jarzemsky US stocks slid on Friday, capping their biggest monthly sell-off in more than a year as investors remained nervous about emerging markets.
Positive leads fail to inspire investors
![Mining shares flat despite China concerns](https://swap.stanford.edu/was/20100322163935im_/http://resources3.news.com.au/images/2014/01/31/1226815/084967-62edfe26-8a34-11e3-8f28-96b14e4a5093.jpg)
5:27PM Elizabeth Redman THE local sharemarket finished 3pc lower this month but closed the day flat after a lift in private sector credit data failed to inspire investors.
Facebook, Visa power Wall St gains
![Facebook, Visa power Wall St gains](https://swap.stanford.edu/was/20100322163935im_/http://resources1.news.com.au/images/2014/01/31/1226814/557433-4f672810-89f2-11e3-85d7-942429ef91ee.jpg)
8:06AM Chris Dieterich STOCKS have rebounded from a string of declines sparked by turmoil in developing markets, buoyed by Facebook and Visa.
JPMorgan in $700m Newcastle port mix
![Aus Bus Pix exports newcastle port coal coalyard](https://swap.stanford.edu/was/20100322163935im_/http://resources1.news.com.au/images/2010/11/09/1225949/886749-aus-bus-pix-exports-newcastle-port-coal-coalyard.jpg)
BRIDGET CARTER JPMORGAN's asset management arm is in the mix of names expected to compete to buy the $700 million Port of Newcastle.
DJs fears merger talk
![Stephen Bartholomeusz](https://swap.stanford.edu/was/20100322163935im_/http://resources0.news.com.au/images/2012/11/13/1226516/186724-stephen-bartholomeusz.gif)
STEPHEN BARTHOLOMEUSZ LESS surprising than DJs' disclosure that it was approached by Myer is its admission that it quickly rejected the overture.
US lashes Syria on chemical stall
![US lashes Syria on chemical stall](https://swap.stanford.edu/was/20100322163935im_/http://resources2.news.com.au/images/2014/01/31/1226815/262114-d7231706-8a32-11e3-8fb6-4c9723fb6c46.jpg)
THE US blames Syria's Assad regime for intentionally delaying efforts to remove chemical arms for destruction.
Coal sector counts cost of cyclone
![Coal sector counts cost of cyclone](https://swap.stanford.edu/was/20100322163935im_/http://resources3.news.com.au/images/2014/01/31/1226815/289895-140201-b-cyclone.jpg)
MATT CHAMBERS QUEENSLAND'S coal export terminals battened down as the coast was hit by ex-cyclone Dylan, but the state's mines are unaffected.
Fears for China as factories shed jobs
![China PMI stokes slowdown fears](https://swap.stanford.edu/was/20100322163935im_/http://resources1.news.com.au/images/2012/05/24/1226366/136585-120525-b-china.jpg)
Scott Murdoch CHINA'S manufacturing sector is shedding jobs at the fastest pace in almost five years, adding to fears its economy is slowing rapidly.
EXCLUSIVE ABC navy brutality reports unravel
![ABC navy brutality reports unravel](https://swap.stanford.edu/was/20100322163935im_/http://resources2.news.com.au/images/2014/02/01/1226815/424610-b3b189cc-8a70-11e3-8f28-96b14e4a5093.jpg)
PETER ALFORD THE Australian can reveal that allegations the Australian navy tortured and deliberately burned the hands of asylum-seekers cannot be corroborated.
Grounded airline had $37m debts
![Grounded airline had $37m in debts](https://swap.stanford.edu/was/20100322163935im_/http://resources2.news.com.au/images/2014/01/31/1226815/315658-140201-b-ian-woodley.jpg)
STEVE CREEDY THE administrators of Brindabella Airlines say the regional carrier owed more than $37m when it failed before Christmas.
EXCLUSIVE Grocon venture looks to Asia, US
![Grocon venture looks to Asia, US](https://swap.stanford.edu/was/20100322163935im_/http://resources1.news.com.au/images/2014/01/31/1226815/264497-4ec01150-8a16-11e3-8f28-96b14e4a5093.jpg)
DAMON KITNEY THE new UBS Global Asset Management and Grocon joint venture will target real estate investments in the Asia-Pacific and US. Property
QLD: Retail sale, Brisbane
![Daily Deals](https://swap.stanford.edu/was/20100322163935im_/http://resources3.news.com.au/images/2013/06/21/1226667/001303-daily-deals.jpg)
4:40PM A SERVICE station in northern Brisbane has sold to a private investor for $1.3 million.
EXCLUSIVE CoVest works on exit plan
![CoVest works on exit plan to stop retiring baby boomers going bust](https://swap.stanford.edu/was/20100322163935im_/http://resources0.news.com.au/images/2014/01/31/1226815/303364-140201-b-mathias-kopp-covest-capital.jpg)
MICHAEL BENNET COVEST Capital isn't your typical private equity firm -- and Mathias Kopp likes it that way.
EXCLUSIVE The day crises proved too much
![The day crises proved too much](https://swap.stanford.edu/was/20100322163935im_/http://resources0.news.com.au/images/2014/01/31/1226815/312916-140201-b-john-fraser-ubs.jpg)
DAMON KITNEY HE'S been called the most powerful Australian banker in the world, managing more than $600 billion in assets.
EXCLUSIVE Search begins for watchdog head
![Search begins for watchdog head](https://swap.stanford.edu/was/20100322163935im_/http://resources2.news.com.au/images/2014/01/30/1226814/399130-c38dcd70-8966-11e3-85d7-942429ef91ee.jpg)
NICOLA BERKOVIC THE new legal oversight body is in need of a chair .
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