Market Wrap: ASX sheds 3.8% in week of horror
24 May 2013 - ASX sheds 3.8% in week of horror. Shares in Oil Search Limited (ASX:OSH) hit a new high amid takeover speculation.

Midday: ASX resumes slide under 5,000
24 May 2013 - ASX resumes slide under 5,000. A jump in the gold price and license confirmation give Newcrest Mining Limited’s (ASX:NCM) stock a boost.

Centrex buoyed by Port project
24 May 2013 - Centrex Metals Limited (ASX:CXM) says the South Australian Government has declared Port Spencer on the Eyre Peninsula a major project.

Crown announces Echo exit
24 May 2013 - Crown Limited (ASX:CWN) confirms it has sold its 10 per cent stake in rival Echo Entertainment Group Limited (ASX:EGP).

James Hardie predicts flat housing market
24 May 2013 - James Hardie Industries plc (ASX:JHX) says the housing market is unlikely to improve much this year but maintains the sector has now stabilised after recent interest rate cuts.

AACo books $46.5M loss
24 May 2013 - Australian Agricultural Company Limited (ASX:AAC) announces a net loss of $46.5 million in the three months to March 31.

Fortescue to fight rail access proposal
24 May 2013 - Fortescue Metals Group Limited (ASX:FMG) is likely to focus on Brockman Resources Limited (ASX:BRM) ability to fund additional infrastructure to argue against the junior's attempts to use the miner's railway.

Dulux takes on US competitiors
24 May 2013 - DuluxGroup Limited (ASX:DLX) withdraws its paint products from Masters and Danks stores to work more closely with other retailers.

A big day out! Yen, Chf strength; US$, Aud, Kiwi weakness the main early themes before a rebound
24 May 2013 - Bernanke’s comments, followed by weak Chinese data set off a chain reaction of events, driving the Nikkei down over 7%! Commodity currencies got slammed and the Yen and Chf returned, briefly, to favour. Today should be less hectic and with just the German IFO and US Durable Goods to provide direction, perhaps we can hope for an easy run into the weekend!.

Outlook: Aus shares set to recover some losses
May 24 2013 - Aus shares set to recover some losses. Crown Limited (ASX:CWN) offloads its 10 per cent stake in rival Echo Entertainment Group Limited (ASX:EGP).