Share Trading Online

THE Reserve Bank cut interest rates by 75 basis points today, reducing borrowing costs to the lowest level in more than five years.

MINERS dragged down Australian shares this afternoon amid fears iron ore prices will fall sharply next year.

KEY Australian credit markets today thawed to levels not seen since before the collapse of US investment bank Lehman Brothers.

THE British government has created a company to manage the 37 billion pounds ($86 billion) bank bailout plan.

BABCOCK & Brown Infrastructure Group has sold 50 per cent of its stake in the New Zealand operations of its Powerco subsidiary.

BRAZILIAN mining giant Vale said it will not reduce the price of its iron ore to push sales volumes higher.