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RBA faces tough task on Melbourne Cup day
Philippine swordsmith has Hollywood touchFilomeno de Guzman. (Getty)Filomeno de Guzman. (Getty)Filomeno de Guzman does not know Sparta from medieval Scotland, but the Philippine swordsmith is an expert at replicating ancient warriors' tools for killing each other.
RBA backs banks on funding claimsThe big four banks have found an unlikely ally in their bid to raise interest rates after the Reserve Bank agreed their costs have risen. Billionaire jailed for 16 yearsThe man they call the 'Swiss Bill Gates' has been sentenced by an Italian court to 16 years in jail for asbestos related deaths. Google cleared to buy MotorolaEU regulators have cleared the way for Google to progress with its $12.5b Motorola purchase after ruling it was not anti-competitive.
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12:47 PM
Australian stocks were slightly lower at noon as investors sat on the sidelines ahead of major company reports this week
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