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The Australian sharemarket closed almost half a per cent lower as the major resources companies dragged the index down. At the close on Friday, the benchmark S&P/ASX200 index was 18 points, or ..
Leighton Holdings has sold a major office tower development in Melbourne to two property groups for $462 million. Leighton Properties, a subsidiary of the construction giant, sold the 567 Collins S..
There's not going to be a rate cut on Tuesday and borrowers can blame another surge in mining investment. All 13 economists surveyed by AAP said the Reserve Bank on Australia (RBA) would not reduce..
Media mogul Kerry Stokes' purchase of Ten Network Holdings shares is more likely a shrewd investment than the first step in anything more elaborate, an analyst says.Mr Stokes was believed to have boug..
Eds: reissuing to fix keyword SYDNEY, March 1 AAP - The Australian share market has opened close to half a per cent lower. At 1012 AEDT on Friday, the benchmark S&P/ASX200 index was down 23...
US stocks have moved lower as Washington appeared headed for sharp mandatory spending cuts that could slow the economy in the wake of failed budget talks in Washington. An hour into trade on Friday..
